Citycon

CITYCON NEWSROOM (20 press releases)

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Citycon Launches Incentive Plans to Align CEO Objectives with Shareholder Value

PRESS RELEASE -- 15, April 2024

(IN BRIEF) Citycon Oyj’s Board of Directors has approved the launch of a new stock option plan and restricted share unit plan aimed at the Chief Executive Officer, aiming to enhance alignment between shareholder objectives and CEO incentives while bolstering … Read the full press release

Citycon Illuminates Retailers with Innovative Spotlight Solutions Across Nordic Centres

PRESS RELEASE -- 15, April 2024

(IN BRIEF) Citycon introduces Spotlight, a dynamic suite of flexible solutions designed to enhance retailer visibility in its Nordic region centres, catering to the evolving retail landscape. Spotlight extends beyond traditional leasing, offering retailers prime exposure in high-traffic areas through … Read the full press release

Citycon’s Sustainability Strategy Update Drives Green Mobility and Community Engagement in 2023

PRESS RELEASE -- 25, March 2024

(IN BRIEF) Citycon Oyj has released its 2023 Sustainability Accounts, showcasing the impact of its revised sustainability strategy. Key achievements include the transformation of centers into transportation hubs emphasizing green mobility, integration of AI technology for enhanced energy efficiency, and … Read the full press release

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

PRESS RELEASE -- 25, May 2023

(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release

Lippulaiva, einer der umfangreichsten Lebensmitteleinzelhandelscluster in der Metropolregion Helsinki, öffnet am Donnerstag, den 31. März 2022

PRESS RELEASE -- 30, March 2022

(PRESSEMITTEILUNG) ESPOO, 30-Mar-2022 — /EuropaWire/ — Citycon, ein führender Eigentümer, Entwickler und Verwalter von Mehrzweck-Stadtzentren, hat bekannt gegeben, dass Lippulaiva, eines der umfangreichsten Lebensmitteleinzelhandelscluster in der Metropolregion Helsinki, am Donnerstag, den 31. März 2022 in Espoonlahti bei Helsinki eröffnet wird. … Read the full press release

Lippulaiva, one of the most extensive grocery retail clusters in the Helsinki Metropolitan Area, opens on Thursday, 31 March, 2022

PRESS RELEASE -- 30, March 2022

(PRESS RELEASE) ESPOO, 30-Mar-2022 — /EuropaWire/ — Citycon, a leading owner, developer and manager of multipurpose urban centres, has announced that Lippulaiva, one of the most extensive grocery retail clusters in the Helsinki Metropolitan Area, will open on Thursday, 31 … Read the full press release

Citycon: The new urban centre Lippulaiva will be carbon neutral in terms of energy consumption from the opening day

PRESS RELEASE -- 17, June 2021

(PRESS RELEASE) ESPOO, 17-Jun-2021 — /EuropaWire/ — Citycon, a leading owner, developer and manager of multipurpose urban centres, has announced that the new urban centre Lippulaiva, that is currently under construction in Espoonlahti, is a pioneer in sustainable energy solutions, … Read the full press release

Citycon welcomes new Vice President, Strategy and Investor Relations Laura Jauhiainen

PRESS RELEASE -- 19, January 2021

(PRESS RELEASE) ESPOO, 19-Jan-2021 — /EuropaWire/ — Leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic countries, Citycon announces the appointment of Laura Jauhiainen, CFA, as Vice President, Strategy and Investor Relations as of 1 January 2021. … Read the full press release

Citycon update on its rent collection in September and Q3 2020

PRESS RELEASE -- 12, October 2020

(PRESS RELEASE) ESPOO, 12-Oct-2020 — /EuropaWire/ — Citycon (HEL: CTY1S), the leading owner, developer and operator of urban grocery-anchored shopping centres in the Nordic markets, has released the rent collection figures for the September and Q3 in 2020. The company’s … Read the full press release

Citycon reports increase in tenant sales by 11% for the month of July

PRESS RELEASE -- 27, August 2020

(PRESS RELEASE) ESPOO, 27-Aug-2020 — /EuropaWire/ — Citycon announces an 11% increase in its tenant sales on a total basis for the month of July compared to the same month in 2019. Sales increased by 8% for the same period … Read the full press release

Citycon announces the appointment of Sanna Yliniemi as the new Vice President, Centre Management

PRESS RELEASE -- 3, April 2020

(PRESS RELEASE) ESPOO, 3-Apr-2020 — /EuropaWire/ — Citycon welcomes new Vice President, Centre Management, Sanna Yliniemi. She will be responsible at the Group level for the operations and results of the approximately 40 shopping centres owned by Citycon. Sanna held … Read the full press release

Citycon divested the shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM

PRESS RELEASE -- 3, December 2018

ESPOO, 03-Dec-2018 — /EuropaWire/ — Citycon has sold shopping centre Sampokeskus in Rovaniemi, Finland to a fund managed by Trevian AIFM. The total purchase price amounts to approximately EUR 16 million, which is close to the asset’s latest IFRS fair value. … Read the full press release

Cityconille jälleen GRESB Green Star –tunnustus

PRESS RELEASE -- 3, September 2015

HELSINKI, 3-9-2015 — /EuropaWire/ — GRESB (Global Real Estate Sustainability Benchmark) noteerasi Cityconin vastuullisuusohjelman ja myönsi Cityconille neljättä kertaa Green Star -tunnustuksen yhtiön erinomaisesta työstä tärkeimpien vastuullisuuden teemojen johtamisessa sekä toteutuksessa. Viime vuoteen verrattuna Citycon saama pistemäärä lisääntyi 15 prosenttia. … Read the full press release

Citycon honoured with Green Star status for the third year in a row in the Global Real Estate Sustainability Benchmark (GRESB) assessment

PRESS RELEASE -- 11, September 2014

Helsinki, 11-9-2014 — /EuropaWire/ — Citycon was honoured again this year with Green Star status in the Global Real Estate Sustainability Benchmark (GRESB) assessment. Citycon received this recognition for the third year in a row for its outstanding management and handling … Read the full press release

Citycon and NCC Property Development to (re)develop Mölndals Galleria in Gothenburg

PRESS RELEASE -- 11, September 2014

Gothenburg, Sweden, 11-9-2014 — /EuropaWire/ — Citycon has signed a joint venture agreement with NCC Property Development for the (re)development and letting of Mölndals Galleria. An existing old retail property is planned to be demolished and a new centre with … Read the full press release

Citycon’s CEO Marcel Kokkeel rang New York NASDAQ Stock Market Bell celebrating the company’s 25th anniversary

PRESS RELEASE -- 31, October 2013

Helsinki, Finland, 31-10-2013 — /EuropaWire/ — Citycon Oyj (NASDAQ OMX: CTY1S), the leading owner, manager and developer of urban grocery-anchored shopping centres in the Nordic and Baltic regions, today noted the company’s 25th anniversary with Chief Executive Officer, Marcel Kokkeel, rings the … Read the full press release

Citycon to Issue its Financial Statements and Financial Release on Full Year Results 2012 on 6 February

PRESS RELEASE -- 4, February 2013

CITYCON OYJ Release 31 January 2013 at 09:30 hrs Helsinki, 4-2-2013 — /europawire.eu/ — Citycon will publish its Financial Results and Financial Statements for 1 January – 31 December 2012 as well as its Corporate Governance Statement on Wednesday, 6 February approximately at 9 am Helsinki … Read the full press release

Citycon acquired and financed Kista Galleria, a prime shopping centre in Stockholm, together with CPPIB

PRESS RELEASE -- 4, February 2013

Helsinki, 4-2-2013 — /europawire.eu/ — On 19 December 2012, Citycon Oyj and the Canada Pension Plan Investment Board (CPPIB) announced that they will buy the Kista Galleria shopping centre in Stockholm, for approximately SEK 4.6 billion. The closing of the acquisition … Read the full press release

Citycon Acquires Kista Galleria Shopping Center in Stockholm Together with CPPIB for approximately SEK 4.6 billion (approx. EUR 526 million)

PRESS RELEASE -- 9, January 2013

Kista Galleria has an annual footfall of approximately 18.1 million visitors (the highest in Stockholm) and annual sales of EUR 280 million. 9-1-2013 — /europawire.eu/ — Citycon Oyj (NASDAQ OMX: CTY1S), a long-term owner and developer of shopping centers in the … Read the full press release

LEMMINKÄINEN CORPORATION – Lemminkäinen and Citycon sign an extensive upkeep and maintenance services contract

PRESS RELEASE -- 9, January 2013

9-1-2013 — /europawire.eu/ — Lemminkäinen and Citycon have signed a nationwide property upkeep and maintenance services contract. The partnership begins on 1 February 2013 and will continue for a number of years. The parties have agreed not to disclose the contract … Read the full press release