Our centres in key urban areas combine retail, office premises and housing with well-functioning traffic connections.
We are committed to sustainable property maintenance, and the total value of the property portfolio in the Nordic countries managed by Citycon is approximately EUR 4.5 billion. Our centres offer grocery goods, health care services and other services that cater to the daily needs of our customers.
Citycon as an investment
CITYCON IS THE LEADING OWNER, DEVELOPER AND MANAGER OF MULTIPURPOSE URBAN HUBS.
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 over 35% necessity-based tenants focusing on grocery and municipal service brings a stable cash flow and attractive dividend.
- Inflation protected business model with 92% 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.
- Significant development pipeline which provides organic opportunities for growth and diversification through mixed-use development, particularly focused on adding residential that enhances the demand at our existing assets.
- Robust balance sheet, moderate LTV and assets largely unencumbered.
Key operative figures in Q2/2022
+9.1%
Like-for-like NRI growth
(excluding one-time items +6.2%)
(vs. Q2/2021
+3.0%
Leasing spread
+1.0€
Average rent/ sq.m. increase
(vs Q4/2021)
+14.6%
Like-for-like footfall increase
(vs Q2/2021)
95.0%
Retail occupancy
+8.8%
Like-for-like tenant sales
(vs Q2/2021)
100%
Fixed debt
(next significant maturity
October 2024)
92%
Indexation with majority
impact occurring in 2023
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.
Useful links
Recent releases