22 January 2020
Grosvenor Europe commences redevelopment project at Bålsta Centrum
Works to expand Bålsta Centrum in Stockholm have begun. The 4,000 sqm project includes the development of a new grocery anchor store, a larger Systembolaget (the Swedish state-run alcohol monopoly) as well as the establishment of three new restaurants including a sushi and ramen bar.
Visitors to Bålsta Centrum will begin to see the first improvements soon, with the first phase likely to complete in autumn 2020.
Carl Strufve, Director Nordics, Grosvenor Europe, comments: “The exciting expansion project and new signings mean Bålsta Centrum will remain a natural city centre destination for the people of the Håbo municipality. What is happening here aligns with our purpose to deliver to create and manage attractive destinations that serve their local community needs.”
About Grosvenor Europe
Grosvenor Europe invests in, develops, operates and manages retail, residential and office assets and funds, with a focus on vibrant European cities including Paris, Stockholm, Madrid and Liverpool.
Part of the Grosvenor Group, one of the largest privately-owned international property companies and active in more than 60 cities around the world, we utilise our local expertise to adopt a far-sighted, value-add approach in order to deliver lasting commercial and social benefit in the places where we are active.
As of 31 December 2018, we managed £2bn/€2.3bn of assets, including a number of active residential development projects in Madrid, Skärholmen Centrum shopping centre in Stockholm and Liverpool ONE, the landmark city centre development in north west England.
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Notes to Editors
Notes to editor
In addition to Bålsta Centrum, we also own Burlöv Center, Skärholmen Centrum, Väsby Centrum, Haninge Centrum and Lidingö Centrum in Sweden.