TKD Nordeuropa is building a retail park of about 14,500 m² in the municipality of Danderyd near Stockholm. Following completion, the first phase of close to 13,000 m² opened in October 2010 and was handed over, fully let, to an investor in January 2011. Construction of the second phase of about 1,800 m2, to be tenanted by Plantagen, is scheduled to start in mid-2012 and be completed in spring 2013. The total project has been sold to the German investment fund Commerz Real on the basis of forward funding.