Steen & Strøm

Steen & Strøm is a major player in the Scandinavian shopping center industry, boasting nine urban market locations and an impressive annual visitor count of over 60 million. As part of the Klépierre-Group, a prominent European shopping center company headquartered in France, Steen & Strøm benefits from substantial expertise in property development and asset management. With a substantial 56.1% stake, Klépierre is the majority owner, while the Dutch pension fund APG holds the remaining 43.9%. Listed on the Paris stock exchange, the company enjoys a strong financial standing. The parent company, Klépierre, manages a portfolio valued at 19.3 billion euros, encompassing numerous large shopping centers in over 15 countries in Central Europe. Notably, the company has demonstrated a commitment to sustainable development and climate change action, with Klépierre being recognized in several ethical indices. As part of its sustainability agenda, Steen & Strøm has set ambitious 2030 sustainability targets. The company's dedication to sustainability and its alignment with Klépierre's impressive track record make it an intriguing investment prospect.