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
  • 60% pre-leasing target

    Investments in (re)developments approximately over EUR 100 million p.a. on average.

Kista Galleria Extension

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

Kista Galleria Repositioning

Liljeholmstorget Galleria

Liljeholmstorget Galleria - Highly popular, close to the city centre
Main entrance of Lippulaiva shopping centre

Lippulaiva

New Lippulaiva - Doubling in size

Trekanten

Trekanten - Creating a flagship shopping centre