Coor in new collaboration with Centeni to develop several major shopping malls in Stockholm

Centeni is a property company that owns a number of major shopping malls in Stockholm, including Skärholmen Centrum, Västermalmsgallerian, Ringen and Fältöversten. The agreement entails Coor assuming overall responsibility for providing and developing services in and around the malls' approximately 240 000 m2 as well as contributing to increasing tenant and visitor satisfaction. Coor's service provision includes energy optimization, property maintenance and janitorial and security services. The agreement runs from the 1st of October.

"We are delighted with the agreement with Centeni and look forward to the long-term task of developing their mall properties in close collaboration. The agreement strength-ens our position on the property market, an important strategic market for us," commented Staffan Ebenfelt, CEO of Coor Service Management in Sweden.

The collaboration implies that current staff with the corresponding responsibilities in the relevant properties will be offered employment with Coor Service Management.

"Coor is a partner that assumes long-term responsibility for developing services in and around our malls. Our joint goal is to optimize property management and increase customer and visitor satisfaction," commented Lars Söderqvist, Board member, Centeni.

For further information please contact:

Magnus Wikström, Business Unit President, Coor Service Management
+46 8 553 957 21, magnus.wikstrom@coor.com

Åsvor Brynnel, Communications Manager, Coor Service Management
+46 8 553 954 04, asvor.brynnel@coor.com

Lars Söderqvist, Board member, Centeni +46 70 581 71 81