EU – Baltic States, Latvia, Markets and Companies, Real Estate, Retail

As the first results, at the end of this summer two new tenants will open in the Stockmann department store. One of the largest chains of electrical appliance stores, Euronics, will offer a wide range of electrical appliances on the fourth floor. On the first floor, international café chain Costa Coffee will open its doors to clients in a second half of August. Currently, work is underway to implement a new concept and attract new tenants.

Stockmann Oyj Abp is a Finnish retail company, which owns shopping centres in the Baltics, Scandinavia and Saint Petersburg. Founded in 1862, its headquarters is located in Helsinki. Stockmann shares are quoted on the NASDAQ OMX Helsinki.

Colliers International has been operating in the Baltics since 2004 and provides a full range of services to its customers, starting from the development of an overall real estate concept, investment consultations and corporate services to project supervision, assessment, management and broker services.