Steen & Strøm is an assertive, professional, business-oriented and profitable owner, developer and commercial operator of leading shopping centres located in attractive areas of trade in Scandinavia.

We are responsible for the operation of 54 shopping centres

which have a combined retail turnover of more than NOK 40 billion.

Key figures

- Turnover in Steen & Strøm AS: NOK 2,339 million in 2008
- Profits for Steen & Strøm AS: NOK (422) million in 2008

Norway

Steen & Strøm occupies a strong position in Norway. The shopping centers had operating revenues of 662.6 million kroner in 2008 (594.5 million kroner).The company also manages 12 centres for Storebrand. Altogether the 28 centres account for an annual turnover of about NOK 18 billion.

Denmark
Rental income for the 3 wholly-owned centers amounted to 350.4 million kroner (292.6 million kroner). Steen & Strøm manages 14 centres for Danica. Operating profits from commercial management operations at Steen & Strøm Denmark amounted to 10.6 million kroner (32.2 million kroner). Altogether the 17 centres account for an annual turnover of about DKK 15.6 billion.

Sweden

In Sweden Steen & Strøm owns 9 centres with a total turnover of SEK 7,1 billion. Operating revenues at Swedish shopping centers amounted to 327.6 million kroner (327.2 million kroner).