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Eurocommercial Sells Växjö Megastore as Part of Strategic Focus

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Eurocommercial Sells Växjö Megastore as Part of Strategic Focus

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Eurocommercial Properties NV ( (NL:ECMPA) ) just unveiled an update.

Eurocommercial Properties N.V. announced the sale of an 8,200m² megastore in Växjö, Sweden, to Svenska Handelsfastigheter AB for SEK 158 million (€14.1 million). This transaction is part of Eurocommercial’s strategy to focus on shopping centers and demonstrates the strong demand for well-let retail assets, as well as the success of their value creation strategy.

More about Eurocommercial Properties NV

Eurocommercial Properties N.V. is a Euronext-quoted property investment company specializing in shopping centers across Europe. Founded in 1991, it owns and operates 24 shopping centers in Belgium, France, Italy, and Sweden, with total assets nearing €4 billion.

See more data about ECMPA stock on TipRanks’ Stock Analysis page.

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