Citycon's strategy

Urban convenience in the heart of communities

We create cities full of life. For people. For communities. For development. For growth.

We focus on the best quality assets that we...

Citycon Myyrmanni


  • Strong portfolio of 33 convenience-based centres
  • Located in the growing urban areas in Nordic and Baltic cities
  • Long-term investor


  • 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


  • 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
Creating building rights
  • Mainly residential, which will enhance value of underlying centre
  • Minimal capex required to get zoning  
  • Multiple value extraction paths through sale, joint venture or construction
Resulting a stable core business with attractive opportunities for value creation.