Citycon continues to show positive development in footfall despite the extraordinary circumstances following the outbreak of the Covid-19 pandemic. Overall, the total footfall for week 27 was tracking at over 90% compared to 2019. Additionally, Norway outperformed last year’s footfall results...
In the extraordinary circumstances following the outbreak of Covid-19 pandemic, Citycon continues to show strong result. The May rent collection remained stable and Citycon has collected and/or accrued as government assistance guarantees approximately 78% of its billed rent for the month of...
Citycon signs agreements with Bergen municipality for a new health center, and with Veidekke for construction of the next development phase of Oasen Center in Bergen, Norway.
Citycon has given the contractor Veidekke the assignment to complete the next phase in the development of Oasen Center...
Citycon announces that 97% of the stores in the shopping centres are open and footfall continues to show a strong rebound trend tracking at 80% versus prior year over the past week.
“With almost all stores open and our upgraded safety measures in place, we are happy to be able to offer our...
As the covid-19 situation improves and government restrictions ease in all of Citycon’s markets, all centres are fully open and over 92% of tenants are now open for business. The total footfall is now tracking at 82% compared to 2019.
“We see a strong trend towards consumers returning to...
CITYCON OYJ Investor News 26 May 2020 at 21:00 hrs
Citycon and Fitch Ratings have signed a new credit rating agreement. Fitch assigns a credit rating of BBB- with a stable outlook for Citycon.
”We are pleased to receive this investment grade credit rating with stable outlook which further validates the strength of our financial profile and...
When it reopens in spring 2022, the shopping centre Lippulaiva will offer much more than just shopping. It will also provide a wide range of services, bringing convenience to day-to-day life. Citycon has now further strengthened its offering by signing a lease with the Elixia fitness centre of...
Kaveh Feliciano has been appointed Residential Development Director at Citycon. Kaveh will have the responsibility for Citycon’s residential development projects in the Nordics. He will take up his position in August 2020. The position is entirely new and an important part of realizing...
Citycon has signed the international Net Zero Carbon Buildings Commitment, which challenges construction and real estate companies and cities to work towards the carbon neutral use of energy at their properties by 2030. The organisers behind the Net Zero Carbon Buildings Commitment are notable...
When it reopens in spring 2022, the shopping centre Lippulaiva will offer much more than just shopping. The shopping centre will house a wide range of private and public services. One of the most significant public services will be the new Espoonlahti regional library.
