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credit: SAFE Asset Group
credit: SAFE Asset Group

NORDSTAN Shopping Center awarded GOLD-Excellent SHORE Certification

NORDSTAN, one of the largest shooping centers in Sweden, has achieved SHORE GOLD-Excellent Certification for their retail space. It is located in central Gothenburg. The commercial complex offers 306.000 sq m of office and retail.

NORDSTAN contains more than 200 stores and restaurants and has a footfall of 30 million visitors and is anchored by Åhléns, Lidl, Lindex, Intersport, and H&M, with over 2,600 parking stalls, and offices arranged over four floors. The complex is owned by 5 different owners some of Swedens larget property owners.

SHORE Certifications are carried out by SAFE Asset Group and NORDSTAN Shopping center started with its first certification in 2020 and now shows even better preparedness and operational excellence with the highest of international standards. By becoming GOLD-Excellent Nordstand continues to build trust and value for the business and ensures a safe and commercial shopping experience for the staff, tenants, and visitors.

“We are proud to see the GOLD-Excellent SHORE Certification recognizing our operational capability and our brand. It reflects the dedication of our owners, and the team and reinforces our position as a trusted shopping center operator in Sweden” says Kenneth Lexell, security manager at Nordstan. “SHORE certification Gold-Excellent is a great achievement. They continue to minimize risks, maximize property value, and ensure a safe environment for tenants and customers; this plays a vital role in the future of shopping centers”, adds Erik Engstrand, CEO of SAFE Asset Group.

SHORE stands for Safe, Hospitality, Office, Retail, and Exhibitions – the international certification standard for real estate assets in Risk, Resilience, and Governance. SHORE Certification is carried out by SAFE Asset Group which has certified over 8.5 million sq m of commercial space in 29 countries for a wide range of institutions and portfolio investors.


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