Leading player in the Nordics and Baltics
Citycon is a leading owner, manager and developer of urban, grocery-anchored shopping centres in the Nordic and Baltic region, managing assets that total approximately EUR 5 billion and with market capitalisation of over EUR 2 billion. Citycon is No. 1 shopping centre owner in Finland and among the market leaders in Norway, Sweden and Estonia. Citycon has also established a foothold in Denmark.
Citycon’s shopping centres are located in urban crosspoints close to where customers live and work, and with a direct connection to public transport, health care and municipal services. Placed in the heart of communities, Citycon’s shopping centres cater for the everyday needs of customers. Citycon owns 52 shopping centres and 5 other retail properties. Of the shopping centres, 20 are located in Finland, 20 in Norway, nine in Sweden, including Kista Galleria, two in Estonia and one in Denmark. In addition, Citycon leases and manages 13 shopping centres in Norway on behalf of other owners. Citycon’s shopping centres attract approximately 200 million visitors annually.
Listed on Nasdaq Helsinki (CTY1S) since 1988, Citycon Oyj maintains investment-grade credit ratings from Moody's (Baa1) and Standard & Poor’s (BBB). Citycon is a member of EPRA (European Public Real Estate Association).
Citycon is recognized as a long-term player committed to sustainable shopping centre management.