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 Inside information 28 May 2020 at 19:20 hrs
The Board of Directors of Citycon Oyj has today resolved to adjust the remaining quarterly instalments of the equity repayment in 2020 to further increase long-term financial stability and to strengthen the credit risk profile of the company. Following the adjustment, the Board of Directors will...
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...
CITYCON OYJ Stock Exchange Release 20 May 2020 at 14:45 hrs
The shareholders of Citycon Oyj are hereby invited to the Extraordinary General Meeting to be held on Thursday, 11 June 2020 at 12:00 noon at the offices of Hannes Snellman Attorneys Ltd, at the address Eteläesplanadi 20, Helsinki, Finland. The reception of participants who have registered for...
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...
CITYCON OYJ Stock exchange release 19 May 2020 at 17:45 hrs
The Board of Directors of Citycon Oyj (“Citycon” or the “Company”) proposes, on the recommendation of the Company’s Nomination and Remuneration Committee, that the number of members of the Board of Directors shall be increased to ten and that Mr Yehuda (Judah) Angster and Mr Zvi Gordon...
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...
CITYCON OYJ Stock Exchange Release 12 May 2020 at 15:45 hrs
In the extraordinary circumstances followed by the outbreak of Covid-19 pandemic Citycon considers it beneficial to provide additional details on the rent collection level in April 2020. As stated in the company’s Q1 interim report published on 23 April 2020, Citycon’s rental income for Q1...
CITYCON OYJ Stock Exchange Release 11 May 2020 at 16:45 hrs
Citycon Oyj has on 11 May 2020 conveyed 2,000 own shares held by the company in a directed share issue without consideration to one key person for payment of rewards earned under the Restricted Share Plan 2015 and Restricted Share Plan 2018–2020 in accordance with the terms and conditions of...
