Nordic — In collaboration with local authorities, Citycon has established covid-19 vaccination facilities in several of its centres in the Nordics.

Sweden — Citycon plans to develop residentials and offices at Liljeholmen by covering the track area at Liljeholmstorget. Under the name RE: Liljeholmen, an attractive living environment will be created with 120 new apartments, 3,000 workplaces and a glazed plaza with space for activities, cultural events and experiences.

Finland — Laura Jauhiainen, CFA, has been appointed as Vice President, Strategy and Investor Relations at Citycon as of 1 January 2021. In this role, she will lead Citycon’s new strategy function and support Citycon’s strategic transformation further towards a mixed-use real estate portfolio combining modern retail with residential, office and municipal service space.

Finland — Citycon has agreed to sell residential building rights to Hausia in the Lippulaiva urban development project.

Nordic — Citycon has through its subsidiary Kristiine Keskus OÜ acquired the plots at Kotkapoja 1, 3, 5 adjacent to the Kristiine centre's parking lot and is planning real estate development on the acquired land area of 5690 square meters and to the existing property’s parking lot, aiming to further develop Kristiine centre as a multifunctional urban area and connect it even better with public transport hubs.

Nordic — Citycon continues to expand and diversify the tenant mix of its necessity-based community centres. Since June, the company has signed and opened a multitude of new tenants in is centres across the Nordics, adding new and exciting elements for the customers.

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

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

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.

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

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

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.

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.

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.