Henderson Global Investors has submitted a request for the expansion of its retail site - Kållered Köpstad - which is located in the municipality of Mölndal, in Gothenburg, Sweden. The expected development cost was not disclosed.
Henderson Global Investors has submitted a request for the expansion of its retail site - Kållered Köpstad - which is located in the municipality of Mölndal, in Gothenburg, Sweden. The expected development cost was not disclosed.
After having reached an agreement with the municipality, Henderson has submitted a request to the urban planning department in order to obtain extended development rights for 80,000 m2 of retail space. The UK investment manager plans to double the centre's retail offering from its current 32,000 m2 in order to deliver a retail scheme totalling 64,000 m2.
'In obtaining agreement from the municipality of Mölndal, we have reached a significant milestone for the planning process of this site. We look forward to engaging with all parties throughout the next stage of the process,' said David Turner of Henderson Global Investors.
The scheme is planned to be completed by the end of 2016.