Tag Archives: Citycon

Citycon Launches Incentive Plans to Align CEO Objectives with Shareholder Value

(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

(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

(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

(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

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

(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) 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) 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) 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

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

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

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

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