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!
Steen & Strøm is a Scandinavian shopping center company, with 10 leading centers located in the most attractive marketplaces in Denmark, Norway, and Sweden.
Steen & Strøm is a fully integrated member of Klépierre group, Europe’s leading shopping center company. With over 100 retail facilities in metropolitan areas spanning 16 countries and a portfolio valuation of EUR 23.8 billion, Klépierre is Continental Europe’s specialist in shopping center properties.
leading shopping centers in Scandinavia
visits each year
KLÉPIERRE AND APG
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 10 shopping centers across all 3 Scandinavian countries, we provide retailers with a unique platform that attracts more than 56 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 56 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.
Steen & Strøm has 13 shopping centers in Denmark, Norway and Sweden
ACQUISITION OF OSLO CITY
Downtown Oslo’s leading shopping center
DISPOSAL IN SWEDEN
Disposal of 5 shopping centers in Sweden for 354 million euros
DISPOSAL OF NORWEGIAN CENTERS
Disposal of 4 shopping centers in Norway for 247 million euros-
GRAND OPENING OF EMPORIA
The best mall in South of Sweden.
SIMON PROPERTY BECOMES SHAREHOLDER
The world’s largest real estate company Simon Property Group acquires a 28.7% stake in Klépierre and becomes main shareholder
Steen & Strøm is acquired by Klepierre and APG
GRAND OPENING OF FIELD'S
The prime asset in Copenhagen - the capitol city of Denmark.
DISPOSAL OF EASTERN EUROPEAN ACTIVITIES
Sale of all the eastern European activities and to move all focus to management of Scandinavian shoppingcenters.
Steen & Strøm ASA expanded to Denmark, Sweden, Poland and the Czech Republic.
Steen & Strøm celebrates its 200th anniversary.
GOING ON THE STOCK EXCHANGE
Steen & Strøm listed on Oslo Stock Exchange in July.
LAUNCHING THE COMPANY
Steen & Strøm established as a shopping center company.
FIRST DEPARTMENT STORE
Steen & Strøm expanded to form Norway’s first modern department store.
Samuel Strøm founded a small shop, which becomes the basis of the future Steen & Strøm department store in Oslo.