4,000 sqm additional retail space now opens in Dixi Shopping Centre in Tikkurila, Helsinki – one of the busiest railway stations in Finland

An additional 4,000 sqm retail space to the Dixi Shopping Centre is now completed and opening for business in April 2017. The Dixi Shopping Centre is located at the heart of Tikkurila, a major district in the Helsinki metropolitan area (HMA)

1st phase of the Dixi Shopping Centre was opened for business already in January 2015 offering a variety of supermarkets, stores and restaurants to the daily commuters. Now with the opening of the 2nd phase the centre is growing to a total of 9,000 sqm and strengthening its offerings with another grocery store, a fitness centre and restaurants. New tenants include among others, K-Market, Burger King and 24/7 Fitness.
Tikkurila is one of the busiest public transport junctions in Finland serving airport traffic and long distance trains in addition to local city transportation. Over the past two years Dixi has become an attractive shopping centre and meeting place for passengers, commuters, as well as for local residents and people working or studying in the area. Dixi was Finland’s 9th busiest shopping centre in 2016 recording 8.6 million visitors throughout the year.

“Dixi is a modern shopping centre in direct connection with a very busy railway and bus station serving as a convenient location for running your daily errands. The 1st phase has been a great success with high levels of sales and visitor counts. The 2nd phase substantially strengthens our commercial concept enabling us to now offer customers even more versatile services,” says Joonas Lemström, Asset Manager at Nrep.

Nrep Nordic Strategies Fund I, the Pan-Nordic fund advised by real estate investment manager Nrep, entered in September 2014 a forward purchase agreement with YIT Construction Ltd. to acquire the development project. The centre is now after completion of the 2nd phase fully owned by the NREP Nordic Strategies Fund I.

For additional information please contact:

Joonas Lemström, Asset Manager, Nrep, +358 50 327 3493

Jani Nokkanen, Partner, Nrep, +358 45 122 8002