RED leases the last available premises in Ingelsta Retail Park

During 2018, Åhléns Outlet and Systembolaget will move to Ingelsta Retail Park. A lease has also been signed for a new fast food player to open in the Park.

It is now definite that Åhléns Outlet and Systembolaget will be moving in during 2018. In addition to this, RED has also announced that an additional consumer goods player will be moving in. The planning work for this establishment is under way, and is expected to be completed next year. RED has also signed a lease with a new fast food player, this will strengthen the Retail Park and generate additional foot fall and traffic.

It is just over a year since RED started working on developing Ingelsta Retail Park, and on eliminating the vacancies which had marred the site for too long.  At that point, the vacancy rate was around 30% of the Park’s lettable area. In 12 months, the Park has  achieved an occupancy rate of 98% and RED is currently involved in final negotiations for the last available premises in the Retail Park.