Efficient portfolio financing
Citycon focuses on having a strong capital base
Citycon focuses on having a strong capital base with an appropriate gearing level, low cost of debt and flexible access to debt financing supported by investment-grade credit ratings.
Sufficient and attractively priced financing gives us the capacity and flexibility to deliver on our strategy and to buy, sell or develop when opportunities arise. Long-term joint venture partnerships extend our capital base, spread the risk and leverage the expertise.
| Key financing figures | 30 Jun 2026 | 30 Jun 2025 | 31 Dec 2025 | |
| Nominal value of debt | MEUR | 2,015.2 | 1,873.1 | 1,790.8 |
| Available liquidity | MEUR | 49.2 | 321.6 | 350.5 |
| Weighted average interest rate (incl. hedges) | % | 4.7 | 4.0 | 4.1 |
| Average loan maturity | years | 3.5 | 3.9 | 3.5 |
| Loan to Value (LTV) | % | 51.4 | 46.4 | 44.9 |
| Interest cover ratio (financial covenant > 1.8) | x | 2.2 | 2.5 | 2.4 |
| Net debt to total assets (financial covenant < 0.60) | x | 0.48 | 0.43 | 0.42 |
| Solvency ratio (financial covenant < 0.65 ) | x | 0.49 | 0.44 | 0.42 |
| Secured solvency ratio (financial covenant < 0.25) | x | 0.14 | 0.02 | 0.02 |
| Average interest-rate fixing period | years | 3.1 | 3.9 | 3.5 |
| Fixed interest rate ratio | % | 84.5 | 97.6 | 93.1 |
Debt fixed
Share of secured debt
Available liquidity (MEUR)
