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CITYCON OYJ Investor News 19 December 2012 at 12:10 hrs

Citycon announced today that the company acquired shopping centre Kista Galleria together with Canada Pension Plan Investment Board (CPPIB) for approximately EUR526million (SEK4600million). The company will hold an investor and analyst conference call and audio-casting today on 19...

The extension and redevelopment project plans for IsoKristiina Shopping Centre continues to move ahead.

Citycon Finlandand Finnkino have signed a lease agreement on a cinema complex to be located in IsoKristiina Shopping Centre.
The modern multiplex cinema will comprise four...

CITYCON OYJ Investor News 4 December 2012 at 16:45 hrs

The drawdown of the EUR 360 million credit facility signed in September 2012 and early prepayment of EUR 330 million syndicated term loan facility originally due August 2013 were successfully completed on 30 November.

More information regarding the EUR 360 million credit facility can be...

A new child care and play area has been opened on the second floor of the shopping centre Myyrmanni.

The cosy child care area contains a dining area for children with high chairs and a microwave oven. In addition, there are diaper chancing and washing facilities. A set of toys is available...

The planned redevelopment of the shopping centre IsoKristiina has taken a major step forward.

The owner of IsoKristiina, Citycon, and the Southern Karelia Cooperative Society (Eekoo) have signed lease agreements for two significant anchor stores. IsoKristiina will house Eekoo’s new...

Citycon attended MAPIC 2012, the international gathering of decision-makers in retail real estate held in Cannes, France on 14-16 November. At the venue Citycon met some 40 operators that were possibly interested in expanding their operations to the Finnish markets. Citycon’s intent is to...

Major project completed

Citycon’s major project for redeveloping the Koskikeskus shopping centre in Tampere, begun in the spring of 2011, is now complete. The shopping centre has been totally redeveloped both inside and out. Investment in the project approached 40 million euros.

The redevelopment project was...

CITYCON OYJ Investor News 1 November 2012 at 15.35 hrs

Today, Citycon acquired 30 per cent of shopping centre Stenungstorg located in the Stenungsund municipality north of Gothenburg, Sweden for approximately SEK 126 million (approx. EUR 14.7 million) from KF Fastigheter AB. Citycon acquired the 70 percent share of the shopping centre in 2006 and...

Citycon Enters into Collaboration with Vantaa Art Museum

Purkkapaketti (“packet of chewing gum”), a work of art by the Vantaa-based sculptor Juha Ojansivu, will be put on display at the Myyrmanni shopping centre until further notice. The sculpture will be placed in the shopping centre’s central square.

Made in 1974, the sculpture is now part...

Citycon converted the former roof-top car park into retail space

The roof-top extension project of Iso Omena is now completed. In this one year project the former roof-top parking area of the shopping centre Iso Omena has been converted into retail space by the shopping centre owner Citycon. The project resulted in 2,400 square metres of new leasable area....

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