Citycon has launched an extensive project to introduce BREAAM In-Use certification for its shopping centres. So far, a total of 16 shopping centres owned by Citycon and four managed by the company have been granted the BREEAM In-Use certificate. Of these, eight are located in Norway, four in...
The Iso Omena expansion project is progressing as planned, and the first phase of the shopping centre will open already this August, and the second phase in spring 2017. The occupancy rate of the expanded Iso Omena is as high as 83 per cent.
One of the specialties of the expanding Iso Omena is...
CITYCON OYJ Investor News 15 February 2016 at 14.00 hrs
Citycon has signed an agreement to sell the Magistral shopping centre in Tallinn, Estonia, to the Baltic commercial property fund EfTEN Kinnisvarafond II AS. The purchase price is EUR 24 million, in line with the asset’s latest IFRS fair value. The closing of the transaction is subject to an...
Citycon will convert to geothermal heating and cooling in Jakobsbergs Centrum reducing the overall energy consumption of the shopping centre by up to 65%. Jakobsbergs Centrum will serve as a pilot project for geothermal solutions in Citycon’s shopping centres in line with Citycon’s...
CITYCON OYJ Investor News 11 November 2015 at 09.15 hrs
Citycon has agreed to acquire the 31% minority stakes in Storbyen and Sjøsiden shopping centres in the Oslo region and Oasen shopping centre in Bergen for an equity consideration of approx. EUR 31 million (approx. NOK 290 million) from 4 minority shareholders. Citycon already owned the 69%...
CITYCON OYJ Investor News 21 October 2015 at 11.30 a.m.
Citycon will publish its Interim Report for 1 January – 30 September 2015 on Wednesday, 28 October approximately at 9 am Helsinki time (Helsinki time is EET, which is CET +1). The report will be available on Citycon’s website immediately after publication.
The major (re)development and extension of the IsoKristiina shopping centre in the heart of Lappeenranta is now completed. The project, which lasted about two and a half years, saw the old section...
Citycon was honoured again this year with Green Star status in the GRESB, Global Real Estate Sustainability Benchmark. Citycon received this recognition now for the fourth year...
The groundbreaking for the new Mölndal Galleria and the transformation of Mölndal’s city centre took place yesterday, 27 August in a ceremony held on the construction site. The event was jointly organised by Citycon, NCC, Riksbyggen and MölndalsBostäder, the four companies investing in...
The library in Citycon’s shopping centre Kista Galleria has been awarded the "Public Library of the Year Award 2015". Since the library moved to Kista Galleria in August 2014, visits to the library have increased by 300% and book loans have doubled.
