The Scandinavian leader in shopping centers

Supporting the most attractive brands with the best assets, strengthening our societal and environmental responsibility and sharing the benefits with our customers, innovating together to give a new dimension to retail.

Welcome to Steen & Strøm!

Business concept

Steen & Strøm is a Scandinavian shopping center operator, with nine leading centers located in the most attractive marketplaces in Denmark, Norway, and Sweden and a total of over 60 million visitors annually.

We have strong and stable owners in the Klépierre group and APG and we attract both local players and international retailers. We are a fully integrated member of Klépierre group,the European leader in shopping malls, combining property development and asset management skills, which holds a controlling stake in Steen & Strøm, 56.1% and the Dutch pension fund APG 43,9%.

Klépierre's portfolio is valued at €19.4 billion on June 30, 2023, and comprises large shopping centers in more than 15 countries in Continental Europe which together host hundreds of millions of visitors per year. Klépierre is a French REIT (SIIC) listed on Euronext Paris and is included in the CAC Next 20 and EPRA Euro Zone Indexes. It is also included in ethical indexes, such as CAC SBT 1.5, MSCI Europe ESG Leaders, FTSE4Good, Euronext Vigeo Europe 120, and features in CDP’s “A-list”.

Key figures

€2.8 BN

Portfolio value


leading shopping centers in Scandinavia

60 M

visits each year

€1,292 M

Net turnover

Solid owners


Klépierre is the majority owner of Steen & Strøm with 56.1 % shares. Klépierre is Europe’s leading shopping center company, based in France. The company owns and operates properties throughout Europe and is listed on the Paris stock exchange. Klépierre’s main shareholder is the American Simon Property Group which is the World’s largest real estate company.

APG is a minority owner of Steen & Strøm with 43.9 % shares. APG is a pension fund for employers and participants in the Dutch government and education sector. The fund ranks as the third largest pension fund in the world.

Strategy: Shop. Meet. Connect®


With nine shopping centers across all thress Scandinavian countries, we provide retailers with a unique platform that attracts more than 60 million visits each year.

Leveraging our strategy of focusing on assets in fast-growing metropolitan areas, we pursue a policy of targeted growth through expansions and renovations designed to cement each mall’s prominence as a regional leader.

The most iconic shopping centers in Scandinavia, attracting 60 million visitors each year, all offering the same promise: Shop. Meet. Connect®.

As professionals in retail real estate, we mobilize our attention and expertise on behalf of our customers as well as our assets. Those customers include our retailers, to whom we offer support in navigating an industry that is rapidly being transformed. And they include our shoppers, for whom we constantly strive to enhance the shopping experience.




Christian Brewaeys

Christian Brewaeys

CEO and Head of Leasing

+ 45 41 90 02 41

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