Tuesday 07 February 2012
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Eurocommercial Properties :: sweden kronan

Karlskrona is often called “mini Stockholm” as the city is located on a peninsula and spread over several small islands. It has a major port with an important naval presence and the city centre is a UNESCO world heritage site, with its elegant 17th century Italianate palaces and churches.

Kronan is a city centre gallery where changes to the tenant mix since purchase by Eurocommercial have significantly increased net rental income.

 

2010/2011 Overview and Performance

Total Lettable Area
7,089m²
Value (€ million)
18.09
Retail/Gallery
5,915m²
Passing Rent
(€ million)
1.46
Offices
1,174m²
Rental Growth
3.87%
ECP Ownership
7,089m²
Visitors 2010/2011
1.35m
Major Tenants
Stadium, KappAhl, Gina Tricot, MQ, Brothers, Sisters, Jack & Jones, Esprit