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ARTICLES TAGGED WITH "Citycon"

Citycon: Rent Collection Remained Strong in September

Finland Finland — Citycon’s rent collection continues to be strong at 93 percent for September and overall Q3 of 92 percent.

Shopping Centre Lippulaiva to Become a Pioneer of Sustainable Energy Solutions

Finland Finland — Citycon to participate in the EU’s sustainable energy project SPARCS.

Several New Municipality Tenants for Citycon – to Help Serve the Local Community

Finland Finland — During the first half year of 2020, Citycon has signed or agreed long term leases with municipality and health care tenants across the Nordics for a total of 10,900 square meters.

Citycon Open for Business: “We Are Ready to Hit the Market”

Finland Finland — Citycon’s CEO F. Scott Balls comments the Q2 figures and shares his view on the falling occupancy levels in Norway.

Average Consumer Spending in Citycon's Centres Higher Than 2019

Finland Finland — Citycon has presented its figures for the second quarter of 2020.

Citycon Centres Almost Back to Normal Service

Finland Finland — The positive trend from June has continued in July at Citycons centres. Vice President Sanna Yliniemi tells Nordic Property News about the challenges of the pandemic and how the shopping centres have risen to once again record high footfall numbers.

Positive Trend Continues for Citycon in July

Finland Finland — Citycon continues to show positive development in footfall despite the extraordinary circumstances following the outbreak of the Covid-19 pandemic.

Citycon Sees Positive Footfall Figures in Their Malls

Finland Finland — As the covid-19 situation improves and government restrictions ease in all of Citycon’s markets, all centres are fully open and over 92 percent of tenants are now open for business. The total footfall is now tracking at 82 percent compared to 2019.

The Retail Property Owner’s Residential Growth: “Important to Have That Expertise”

Nordic — Citycon’s CDO Erik Lennhammar tells Nordic Property News about the appointment of Kaveh Feliciano as Residential Development Director; why he is the right person for the job, why they invest in residential and how much they want to grow in the segment, going forward.

”The Full Impact of Covid-19 Has Not Been Seen Yet”

Nordic — The Pan-Nordic retail property owner Citycon’s CEO F. Scott Ball on why the company stands strong in difficult times, how they work with tenants and whether free rents is an option.

”The Entire Society and Our Shopping Centers Are Affected”

Nordic — Magnus Bergman, Vice President Shopping Center Management at the Nordic listed retail property owner Citycon, on how the company support their struggling retail tenants in the shopping malls during the corona crisis and whether an option is to lower the rents.

Citycon Weakens Its Prospects Due to Uncertain Market Situation

Finland Finland — Citycon assesses that its prospects for 2020 have weakened and withdraws its guidance for 2020 issued on 6 February 2020. At this point, the company does not specify its direct operating profit, EPRA EPS or adjusted EPRA EPS forecast for this year in more detail due to the uncertain market situation.

“We Have a Great Number of Opportunities in the Existing Portfolio”

Finland Finland — Citycon’s CEO F. Scott Ball tells Nordic Property News about how the company manage the retail challenges, whether divestments of retail assets are in sight and the development areas in the company’s portfolio.

Citycon Acquires Three Shopping Centres in Norway

Norway Norway — Citycon has agreed to acquire the remaining interest in Sektor Portefølje II AS, a portfolio of three shopping centres in Norway. The transaction consists of three assets, Stovner Senter, Torvbyen and Markedet.

F. Scott Ball: ”Foolish Not to Buy the Assets”

Nordic — The retail property owner Citycon’s CEO F. Scott Ball on the Q4 figures, targets for 2020 and why the company purchased three assets in Norway despite claiming being a net seller.

How the Retail Property Owners Have Prepared for Black Friday

Nordic — The big pre-Christmas shopping boom Black Friday takes place today. Nordic Property News has asked a couple of the major retail property owners on the preparation towards the shopping event.

Skanska Constructs Shopping Center in Espoo for Citycon

Finland Finland — Skanska has signed a contract with Citycon Oyj, a leading owner, manager and developer of urban shopping centres in the Nordic and Baltic region, to construct the Lippulaiva shopping center in Espoo, Finland. The contract is worth about EUR 170 M, about SEK 1.8 billion.

The Keys to Successful Shopping Centers

Finland Finland — The new Lippulaiva shopping center will open in Espoo in 2022. Citycon’s Chief Development Officer Erik Lennhammar tells Nordic Property News on the characteristics of the mall and how Citycon cooperate with the tenants to step up their business.

“We Have Significant Opportunities to Create Further Value”

Finland Finland — The retail property company Citycon’s CEO F. Scott Ball on future challenges, why the visitor rates in their shopping centers are increasing and alternative property investments.

The Highest Dividend Yields Among the Listed Nordic Companies

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the complete list.

How He Will Strengthen Citycon's Brand

Nordic — Peter Dimulkas is Citycon's new Vice President, Marketing. He tells Nordic Property News what challenges he sees for the retail property giant in the future and how he will make shopping centers in the Nordic region more successful.

Citycon Appoints Vice President, Marketing

Nordic — Citycon has appointed Peter Dimulkas as Vice President, Marketing, who will lead the development of marketing for the company's 38 shopping centres in Sweden, Finland, Norway, Denmark and Estonia.

The Best Yields Among the Listed Nordic Companies

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the complete list.

H1 2019: They Invested Most in Their Own Portfolio

Nordic — Nordic Property News presents the largest investments from the listed companies in the Nordics during H1 2019 – in their own portfolios.

The Best Yields Among the Listed Nordic Companies

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that provide the best yields.