Investigations continue into the development of an 18,000m2 shopping centre at Samarkand to include the conversion of the former Coop hypermarket whose lease expired at the end of 2008. Pre-leasing has been encouraging with over 60% already let to most of Sweden’s major fashion, sport and household retailers. A final decision on whether to proceed with the project will be taken by the end of 2009 at which point construction costs will be fixed and leasing is expected to be above 75%.
Visit the Samarkand website at www.samarkand.se
2008/2009 Overview and Performance
Total Lettable Area
37,000m²
ECP Ownership
24,530m²
Retail Park
3,820m²
Value (€ million)
32.16
Hyper (ICA Maxi)
10,632m²
Major Tenants
H&M, KappAhl, Stadium, Systembolaget, OnOff, Intersport
Project Area
20,710m²
