Jula decides to invest in Bernstorp

Jula is closing down at Jägersro and has decided to invest instead in the store at Bernstorps Retail Park.

RED and Jula have agreed to extend the contract at Bernstorp, which will secure Jula’s presence on the site for the future. Several of the players in the Park have chosen to take the same route, and are participating in in the work of expanding the Retail Park.

RED is planning to double the retail area in the Retail Park by the end of 2019.

-“We can conclude that our efforts of future securing # Bernstorp have succeeded. We have managed to secure a platform of 40,000 sqm for a long-term period of more than 10 years. This gives us comfort in continuing our work with our scheme to re-shapethe retail structure in the Malmö region”,  says Ronald Rico, CEO at RED