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ARTICLES TAGGED WITH "Erik Lennhammar"

Citycon divest shopping center in Tallinn for EUR 129 million

Finland Finland — Citycon divests Kristiine keskus shopping center in Estonia reaching EUR 334 million in divestments year to date.

After the sale of Trekanten – Citycon ready for more divestments

Norway Norway — Citycon divests the center Trekanten in Oslo and feels that the market is starting to come back. After the latest divestment, COO Erik Lennhammar talks about the process and the work with future divestmenst.

Citycon divests Kongssenteret in Norway

Norway Norway — Citycon has signed an agreement to sell Kongssenteret in Kongsvinger, Norway. The sales price is close to the latest IFRS fair value of the asset. The transaction is estimated to close by the end of May.

Citycon becomes the sole owner of Kista Galleria

Sweden Sweden — Citycon is in the final stages of taking over the remaining share (50 percent) in Kista Galleria in Stockholm. The acquisition was announced in connection with the company's annual accounts. The Canadian company CPP Investments sells its share and thereby owns 100 percent of Citycon Kista Galleria.

Citycon Acquires Residential Asset and Divests Shopping Centres

Nordic — Citycon has signed a forward commitment agreement with Botrygg to acquire a newly developed residential asset in Stockholm for approximately EUR 69.5 million. The company has also signed an agreement to opportunistically sell two non-core shopping centres in Norway for approximately EUR 145.4 million.

How the Retail Giant Will Create Added Value to Their Shopping Centres

Nordic — Erik Lennhammar, Chief Development Officer at Citycon: “Residential makes places more attractive.”

Citycon to Create a New Urban Area at Liljeholmen

Sweden 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.

Citycon Sells to Hausia

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

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 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.

Why Citycon Believes in Successful Shopping Centers

Nordic — Citycon’s CEO F. Scott Ball tells Nordic Property News about the most important tasks for the new CDO and why he sees a great number of opportunities within the existing portfolio.

Erik Lennhammar Appointed Citycon’s Chief Development Officer

Nordic — Erik Lennhammar has been appointed Citycon Oyj’s Chief Development Officer (CDO) and member of the Corporate Management Committee.