Urban convenience in the heart of communities
We create cities full of life. For people. For communities. For development. For growth.
Citycon's strategy
We focus on the best quality assets that we...
Own
- Strong portfolio of 28 convenience-based centres
- Located in the growing urban areas in Nordic and Baltic cities
- Long-term investor
Manage
- Inhouse real estate expertise throughout the shopping centre value chain
- Retail experts in 5 countries
- Pan-Nordic approach with synergies and a cross-border leasing team
Develop
- Area development – creating attractive places for living, working and socializing
- Improved commercial attractiveness and competitiveness and better places for our tenants to run their businesses
How we create value?
- Centres in Nordic prime locations
- Top 2 cities in each country with strong urbanisation
- Connection to public transportation
- Necessity-based tenant mix
- Grocery-anchored centres with a large share of necessity tenants
- Mixed-use hubs with growing share of municipalities
- Proven asset management
- Long lasting relationship with municipalities
- Continuing dialogue with surrounding communities
- Sustainability embedded in the operating model
- Active capital recycling
- Proceeds used to repay debt
- Strengthen investment grade balance sheet
Resulting a stable core business with attractive opportunities for value creation.