Development projects

A core part of Citycon's strategy is to actively develop its shopping centres either via (re)developments or extensions. The objective is always to increase the commercial attractiveness and competitiveness of the shopping centre and thereby generate stronger rental growth while consolidating market value.

Key criteria

  •  ≥ 150 bps over required valuation yield
  • 50% pre-leasing target

    Investments in (re)developments of approx. EUR 150-200 million p.a. on average.

Down Town

Down Town - In the heart of the city by the riverside

Kista Galleria

Kista Galleria - One of the most visited shopping centres in the Nordics

Liljeholmstorget Galleria

Liljeholmstorget Galleria - Highly popular, close to the city centre


New Lippulaiva - Doubling in size

Mölndal Galleria

Mölndal Galleria - Modern urban city gallery

Strædet Køge

Straedet - New, urban open-air shopping centre in the Copenhagen area


Trekanten - Creating a flagship shopping centre

Tumba Centrum

Tumba Centrum - Increasing offer of retail and services