Overall the turnover declined by 5.2% over the 12 months, with the most disappointing result coming from the Coop hypermarket which, at 19,000m2 is too large, particularly as it is now suffering from increased competition, including the opening of a second Coop hypermarket within the municipality.
Advanced discussions are being held to lease about 5,000m2 of the hypermarket space to specialist retailers. Systembolaget’s turnover grew by 21% as alcohol trade that was previously made in neighbouring Denmark returned due to the weakening Swedish krona.
Visit the Burlöv center website at www.burlovcenter.com
2008/2009 Overview and Performance
Total Lettable Area
41,350m²
Value (€ million)
99.91
Retail/Gallery
22,000m²
Rental Income
(€ million)
(€ million)
6.34
Hyper (Coop Forum)
19,350m²
Rental Growth
2.95%
ECP Ownership
41,350m²
Visitors 2008/9
3.88m
Major Tenants
Coop Forum, H&M, KappAhl, Lindex, Stadium, Systembolaget, JC, Cubus, OnOff, Cervera
