Commercial Space of the Year
In this category, we select two winners: Shopping Center (min. 5,000 m² GLA, min. 5 commercial tenants) and Open Class (other types of clustered retail: e.g. department stores, retail destinations, high streets, etc.).
The winners are chosen by a jury based on established evaluation criteria.
Concept (10%), Development & Innovation (8%), Tenant mix (15%), ESG (8%), Marketing (12%), Accessibility (10%), Management (12%), Financial key figures (10%), Architecture and public spaces (15%).
Jury
Nova
Jury motivation
This year’s winner is a place that has undergone a remarkable transformation. Simple solutions and smart innovation have created an attractive shopping center and a meeting place that is well-timed. By taking advantage of current trends and local needs, it has consolidated its position among existing visitors and at the same time increased its appeal to new target groups in the catchment area. The concept is well curated, and the tenant mix is well adapted to its market. This has strengthened the shopping centers position as both a regional player and a local meeting place.
Public areas have been transformed into flexible and inviting spaces and the center is perceived as well-maintained and of high quality. The attention to details contributes greatly to the visitor experience. The development of the property, both inside and outside which is fully completed, has focused on recycling and using natural materials. The vision and work on energy savings are impressive.With a passionate and committed team leading the development, they have successfully combined an international perspective with local adaptation, leading to impressive figures in turnover, footfall and a fully let shoppingcenter.
A center that has had both ups and downs over the years has been reborn.
Århusgadekvarteret
Jury motivation
Over the past decade, this project has demonstrated what is possible when a clear vision, long-term commitment and strong commercial curation come together. What was once a closed industrial harbour has been transformed into a vibrant, distinctive and highly liveable urban district, where architecture, public spaces and commercial life reinforce each other. The mix of local heroes, independent retailers, ambitious gastronomy and sustainability-driven concepts gives the neighbourhood a strong identity and a genuine sense of place.
What is particularly impressive is the consistency of the vision. Despite the challenges inherent in developing a new district, the strategy has remained clear, with the commitment to quality and long-term value creation maintained through continued investment and careful curation of the commercial offer. The result has earned significant recognition for both its architecture and urban development — but more importantly, it has created a place that people genuinely want to spend time in.
Finalists
Shopping Center
- Nova
- ITIS
- Fisketorvet
Open Class
- Hede Fashion Outlet
- Helsinki Central Station
- Oslo Fashion Outlet
- Århusgadekvarteret
Commercial Players of the Year
In this category, three winners are selected across the following classes: Retail Concept, F&B Concept, and New Brand Concept.
The winners are chosen by a jury based on established evaluation criteria.
Retail / F&B: Establishment and expansion pace (20%), Financial performance (20%), Innovation & Development (50%), Service and Customer Experience (10%). New Brand: Concept (50%), Results (20%), Development and establishment plans (20%), Service and Customer Experience (10%).
Jury
Clas Ohlson
Jury motivation
“Few things are more challenging in retail than successfully renewing a long-established brand. Through continuous development of its concept and assortment, this company has managed to reach new customer groups, while at the same time accelerating its expansion and delivering strong growth and profitability. What particularly stands out is the ability to modernise the brand without losing its heritage. After more than 100 years, the company continues to evolve, grow and remain highly relevant in a changing retail market. For its successful transformation, strong commercial performance and ability to continuously renew itself”
Joe & the Juice
Jury motivation
“This year’s winner demonstrates what it takes to build a truly enduring food & beverage brand. Founded in Copenhagen in 2002, the concept has grown from a single juice bar into a global lifestyle and hospitality brand with more than 500 locations across 20+ markets. Despite decades of growth and intense competition, it has retained a remarkably strong and recognisable DNA.
Its success lies in its ability to evolve without losing sight of what made the brand distinctive in the first place. Through product innovation, new formats and changing consumer behaviour, it continues to challenge itself while staying true to its core concept. Its strong people culture is equally fundamental to its success, creating a consistent energy and experience across markets.
The recent launch of its first Danish motorway drive-thru is a perfect example of this mindset — taking an established concept into a completely new environment while remaining true to the brand.”
Depart.a.mental
Jury motivation
“This year’s winner challenges the traditional model of physical retail by creating a flexible platform that works almost like an incubator for new brands and entrepreneurs. It gives brands the opportunity to test, develop and grow their concepts without the cost and risk of opening their own permanent store. The constantly changing mix of brands and concepts also creates a dynamic shopping experience, giving customers a reason to come back and discover something new.”
Finalists
Retail Concept
- Suomalainen Kirjakauppa
- Clas Ohlson
- Synsam
- Power
Food & Beverage Concept
- Mocca Deli
- Fazer Café
- Joe & the Juice
New Brand Concept
- Fiksurouka
- Depart.a.mental
Establishment of the Year
This award celebrates last year’s most successful Nordic establishments. And since a successful establishment has two winners, we recognize both the tenant and the property owner in this category. The winners of this award was elected through public vote.
Polisens Pop-up
Jury motivation
The initiative provides a space for the police to connect with the public, build trust and foster positive relationships with the local community. The award was decided through a public vote.
Blivakker
Jury motivation
The new store represents an exciting addition to the centre, bringing Blivakker’s beauty offering to customers in a welcoming and engaging retail environment.
Synsam
Jury motivation
The new establishment is a strong addition to the city centre, offering customers a modern and engaging environment while strengthening the area’s overall retail offering.
Finalists
Establishment of the year
- Blivakker, City Lade, Trondheim
- Bubs STHLM, Norrlandsgatan Stockholm, Skandia Fastigheter
- Casagrande Leluliike, Kauppakeskus Skanssi, Turku, Trevian Asset Management
- Bestseller, Frederiksberggade 2, Copenhagen
- Cocopanda, Mall of Tripla, Helsinki, RealIdea
- Kellotorni, Helsinki Railway Station, VR Ltd
- LYKO, Westfield Täby Centrum, Unibail-Rodamco-Westfield
- Polisens Pop-up, Vällingby Centrum, Urban Partners
- Synsam NK Eyewear & Optics, NK, Stockholm, Hufvudstaden
- Synsam, Vika, Oslo, KLP Eiendom