Peritas and RED develop commercial area in Östra Birsta

Peritas Fastigheter AB and RED AB (Rico Estate Development) have signed an agreement with NCC to acquire the property Ljusta 2:13 located in eastern Birsta in Sundsvall.

The property has a land area of approximately 55,000 sqm and a potential building area of approximately 18,000 sqm and is adjacent to ICA Maxi, XXL and Biltema.

“We are looking forward to developing this area with RED into a shopping center in Östra Birsta with good communications and exciting store concepts. This is an investment that can strengthen Birsta’s position as one of Sweden’s largest shopping centers and create many new jobs, not least for young people”

– Petter Boström, CEO, Peritas

“There is great potential for a property with this commercial location in Östra Birsta. We have already established far-reaching dialogues with selected retailers in the area, with the aim of strengthening external trade in the eastern part of Birsta. The plan is to open the doors for the first phase as early as fall 2019.”

– Ronald Rico, CEO, RED