Unibail-Rodamco, Europe’s leading listed commercial property company, has today announced that its Mall of Scandinavia development – located just seven minutes from downtown Stockholm – is over 95 per cent pre-let, five months ahead of its opening on November 12.
The announcement follows three major new lettings to occupiers eager to secure space at the 1,090,000 sq ft retail and leisure destination which is set to become Scandinavia’s largest shopping centre.
The latest additions to the retail offer are R.O.O.M/Habitat, Stockholm’s most renowned homeware store, Illums Bolighus, a Danish living, design and furnishings department store, and online homeware brand Royal Design which will open a flagship store as part of its multi-channel strategy.
R.O.O.M/Habitat and Illums Bolighus are taking 26,940 sq ft and 19,700 sq ft respectively, while Royal Design has agreed terms on 8,170 sq ft. The latest lettings strengthen the homeware offer at the development where Granit, Zara Home, Lexington, H&M Home, Indiska, Hemtex, Cervera, Åhléns and Lagerhaus have already secured space.
“The latest additions R.O.O.M/Habitat and Illums Bolighus illustrate the quality of the offer at Mall of Scandinavia – both brands have an established reputation and heritage for great design and a dynamic range of products,” says Lars- Åke Tolllemark, Managing Director Nordic, at Unibail-Rodamco.
“There is huge appetite and passion for home improvement and decoration in Sweden and we feel we have matched this demand. We have put together an exceptional mix here, one that has exceeded our long-term vision and expectations for the project.
“With only five months left before opening, time is running out for retailers who want to be part of Mall of Scandinavia.”
The rate of take-up and the quality of the retail line-up reinforces Mall of Scandinavia’s position of the ‘Home of the Flagships’ – a destination able to attract the very best format stores in retailers’ portfolios.
Among the leading retail brands signed up to the development are Michael Kors, Superdry, H&M, Cos, Other Stories and Sweden’s first ever Disney Store. Swedish supermarket Hemköp, liquor store Systembolaget and the ICA grocery store are also on board.
Meanwhile Starbucks will add to the leisure offer, having taken an impressive two-level unit with floor to ceiling glazing – the first of its kind in a Swedish shopping centre. Mall of Scandinavia will also boast Sweden’s first ever commercial IMAX cinema.
Unibail-Rodamco has assets valued at €34.6 billion which include shopping centres in major European cities, along with offices and convention/exhibition centres in the Paris region. The Group distinguishes itself with its focus on the highest architectural, city planning and environmental standards.