Two and a half years since it opened, 421 continues to take increasing market share and with 12 month turnover growth of 11.7% it was the strongest centre in Eurocommercial’s Swedish portfolio. The ICA Maxi hypermarket grew at 17.7% and the performance of the fashion stores (H&M, KappAhl, Lindex, Cubus and Dressmann) was also pleasing at +5.6%.
Visit the 421, Göteborg website at www.421gbg.se
2008/2009 Overview and Performance
Total Lettable Area
33,048m²
Value (€ million)
66.76
Retail/Gallery
19,258m²
Rental Income
(€ million)
(€ million)
4.07
Hyper (ICA Maxi)
11,680m²
Rental Growth
1.51%
Offices
2,110m²
Visitors 2008/9
3.00m
ECP Ownership
33,048m²
Major Tenants
ICA Maxi, MediaMarkt, H&M, KappAhl, Lindex, Dressmann, Intersport, Hemtex
