The Nordic Exchange welcomes Investea Stockholm Retail to First North

Trading in Investea Stockholm Retail will commence today on First North in Denmark. Including Investea Stockholm Retail, First North now comprises 115 companies.

Investea Stockholm Retail is a Danish shareholding company, which owns and runs Hallunda Centrum, a shopping centre situated in the Stockholm region. The shopping centre was originally build in 1973 and went through a period of renovation in 1999 and 2000. Investea started running Hallunda Centrum in 2004 and it has recently been nominated as one of the fastest growing centres. Under Investea Stockholm Retail’s administration business has increased with 60 percent.
Hallunda Centrum consists of 24.363 square meters in total, with about 50 leaseholders. The shopping centre has around four million visitors each year and is situated in a attractive area in Stockholm.

The economy of the shopping centre has developed positively the last few years and Investea Stockholm Retail expects this to continue, since the area contains many opportunities for further development such as extensions and the building of new residential areas and shopping areas.

“We are happy to welcome Investea Stockholm Retail to First North. There are still not that many companies within this field on First North, so we are happy that Investea Stockholm Retail has joined. Perhaps it can encourage others”, says Jan Ovesen, President, OMX Nordic Exchange Copenhagen.

A round lot of shares in Investea Stockholm Retail, whose short name is INVSTO, amounts to 2500 and the company is included in the Financials sector.