{"id":1004115204,"date":"2015-03-10T14:21:43","date_gmt":"2015-03-10T22:21:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004115204"},"modified":"2022-12-08T19:32:31","modified_gmt":"2022-12-09T03:32:31","slug":"international-tiaa-cref-expands-into-sweden","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/","title":{"rendered":"International: TIAA-CREF Expands into Sweden"},"content":{"rendered":"<p><i>By Adriana Pop, Associate Editor<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004115206\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/nova-lund-shopping-centre-in-sweden\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\" data-orig-size=\"1024,710\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Linus Nilsson&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1425485111&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;}\" data-image-title=\"Nova Lund Shopping Centre in Sweden\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg?w=1024\" class=\"alignright size-medium wp-image-1004115206\" alt=\"Nova Lund Shopping Centre in Sweden\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\" width=\"300\" height=\"208\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg?resize=300,208 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg?resize=768,533 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <\/i><\/p>\n<p>TIAA Henderson Real Estate has agreed to buy the Nova Lund Shopping Centre in Sweden from Unibail Rodamco for approximately $190 million (\u20ac176 million). The asset is being acquired on behalf of TIAA-CREF, marking its first purchase in the Nordic region\u2019s real estate market.<\/p>\n<p>The property is located in Lund, in the southern part of Sweden, and offers a shopping area of about 213,600 square feet (19,847 square meters), an adjacent retail park of 66,058 square feet (6,137 square meters), as well as 1,500 parking spaces.<\/p>\n<p>Built in 2002, Nova Lund Shopping Centre is currently one of the best performing regional shopping centers in the country, attracting between 2 and 3 million visits per year. It is anchored by a highly attractive mix of fashion retailers, including H&amp;M, Stadium, KappAhl and Intersport &amp; Lindex.<\/p>\n<p>The transaction is expected to close during the third quarter of 2015. TH Real Estate was advised by Linklaters and PwC, while Unibail Rodamco was advised by Cushman &amp; Wakefield, Catella and Vinge.<\/p>\n<p>\u201cThis marks the first step in TIAA-CREF\u2019s decision to invest in the Nordic region, a market identified as a key investment target within its European strategy. We particularly favor the retail sector for which we anticipate outperformance in sales growth, driven by population growth, positive consumer confidence and a stable economy.\u00a0 TIAA-CREF\u2019s intention is to become a long term investor in the region, forming strategic partnerships along the way,&#8221; David Turner, head of TIAA European Investment, TH Real Estate, said in a news release.<\/p>\n<p>Following the acquisition, TH Real Estate\u2019s Nordic portfolio under management now includes four shopping centers, four retail parks and one office asset.<\/p>\n<p>TIAA Henderson Real Estate Limited (TH Real Estate) is a global real estate investment management company owned by Teachers Insurance and Annuity Association of America (TIAA) and Henderson Global Investors. TH Real Estate securities products distributed in North America are advised by U.K.- regulated subsidiaries or TIAA-CREF Alternatives Advisors, L.L.C., a registered investment advisor and wholly owned subsidiary of TIAA, and distributed by Teachers Personal Investors Services, Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TIAA Henderson Real Estate has set foot in the Nordic region.<\/p>\n","protected":false},"author":952,"featured_media":1004115206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16,21783,21742,21749],"tags":[],"class_list":["post-1004115204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-investment","category-latest","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International: TIAA-CREF Expands into Sweden - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International: TIAA-CREF Expands into Sweden\" \/>\n<meta property=\"og:description\" content=\"TIAA Henderson Real Estate has set foot in the Nordic region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-03-10T22:21:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T03:32:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"710\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"International: TIAA-CREF Expands into Sweden\",\"datePublished\":\"2015-03-10T22:21:43+00:00\",\"dateModified\":\"2022-12-09T03:32:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/\"},\"wordCount\":350,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\",\"articleSection\":[\"International\",\"Investment\",\"News\",\"Retail\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/\",\"name\":\"International: TIAA-CREF Expands into Sweden - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\",\"datePublished\":\"2015-03-10T22:21:43+00:00\",\"dateModified\":\"2022-12-09T03:32:31+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/03\\\/Nova-Lund-Shopping-Centre-in-Sweden.jpg\",\"width\":1024,\"height\":710},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-tiaa-cref-expands-into-sweden\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"International: TIAA-CREF Expands into Sweden\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\",\"name\":\"Anna Spiewak\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"caption\":\"Anna Spiewak\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/annaspiewak\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"International: TIAA-CREF Expands into Sweden - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/","og_locale":"en_US","og_type":"article","og_title":"International: TIAA-CREF Expands into Sweden","og_description":"TIAA Henderson Real Estate has set foot in the Nordic region.","og_url":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-03-10T22:21:43+00:00","article_modified_time":"2022-12-09T03:32:31+00:00","og_image":[{"width":1024,"height":710,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","type":"image\/jpeg"}],"author":"Anna Spiewak","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/"},"author":{"name":"Anna Spiewak","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"headline":"International: TIAA-CREF Expands into Sweden","datePublished":"2015-03-10T22:21:43+00:00","dateModified":"2022-12-09T03:32:31+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/"},"wordCount":350,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","articleSection":["International","Investment","News","Retail"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/","url":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/","name":"International: TIAA-CREF Expands into Sweden - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","datePublished":"2015-03-10T22:21:43+00:00","dateModified":"2022-12-09T03:32:31+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","width":1024,"height":710},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/international-tiaa-cref-expands-into-sweden\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"International: TIAA-CREF Expands into Sweden"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76","name":"Anna Spiewak","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","caption":"Anna Spiewak"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/annaspiewak\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/03\/Nova-Lund-Shopping-Centre-in-Sweden.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004115204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/952"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004115204"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004115204\/revisions"}],"predecessor-version":[{"id":1004622571,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004115204\/revisions\/1004622571"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004115206"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004115204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004115204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004115204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}