Citycon’s Shopping Centre Acquisition in Denmark finalised

 On 7 June 2012, Citycon announced the signing of an agreement to acquire shopping centre Albertslund Centrum in the municipality of Albertslund, west of Copenhagen, Denmark, for DKK 181 million (approximately EUR 24 million). Closing of the transaction took place on 1 July 2012. The transaction has been described in greater detail in the company's stock exchange release issued on 7 June 2012. Additionally, the company will acquire the grocery store extension included in the transaction at the time of its completion in the end of 2014.

 

 Citycon now owns and manages a total of 37 shopping centres and 40 other retail properties in Finland, Sweden, Denmark, Estonia and Lithuania.

 

 Helsinki, 2 July 2012

 

 CITYCON OYJ

 Marcel Kokkeel

 CEO

 

 For further information, please contact:

 Marcel Kokkeel, CEO

 Tel. +358 20 766 4521 or +358 40 154 6760

 marcel.kokkeel@citycon.fi

 

 

 Distribution:

 NASDAQ OMX Helsinki

 Major media

 www.citycon.com