Our centres in key urban areas combine retail, office premises and housing with well-functioning traffic connections. Our 28 mixed-use, necessity-based centres are located in the major cities in Finland, Sweden, Norway, Denmark and Estonia. We transform unique locations into sustainable communities and cities full of life, serving 125 million people each year and delivering long-term share value.
Citycon is the leading owner, developer and manager of multipurpose urban hubs in the Nordics.
Citycon key facts at a glance
Centres in the Nordics
28
Assets connected to the public transportation
100%
Share of necessity-based tenants
~47%
Net rental income in 2024 (MEUR)
214.7
Retail occupancy rate in Citycon centres (Q4/2024)
95.3%
Our goal for carbon neutrality
2030
Why invest in Citycon?
- Leading operator and developer of urban community hubs in the strongest and fast-growing cities in the Nordics.
- Diversified tenant base with ~47% necessity-based tenants focusing on grocery and municipal service brings a stable cash flow and attractive dividend. Public sector and healthcare tenants represent ~10% of GLA.
- Inflation protected business model with 95% of leases indexed to inflation and the types of goods and services that Citycon´s centres sell are less dependent on discretionary income than traditional retail.
- Sustainability integrated into Citycon’s operations, development projects and community activities. Following the long-term sustainability efforts and pioneering energy solutions Citycon is listed among Financial Times’ European climate leaders.
Citycon’s Equity Story
Citycon’s Equity Story offers more detail information on Citycon’s operating environment, business model, long-term development opportunities, sustainability and key financials.
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