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 real estate assets, with a focus on vibrant European cities including Paris, Stockholm, Madrid and Liverpool.
We are part of Grosvenor Group, a privately-owned international property company. With a track record of over 340 years, the Group develops, manages and invests with a purpose of improving property and places to deliver lasting commercial and social benefit.
As at 31 December 2019, we managed £1.9bn AUM of assets, including Skärholmen Centrum shopping centre in Stockholm, a growing office portfolio in Madrid and Paris and a strong residential development pipeline in Madrid.
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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.