Citycon

Citycon Corporation
	Citycon headquarters are located in Iso Omena shopping centre, Espoo
Company type	Julkinen osakeyhtiö; (Public company);
Traded as	Nasdaq Helsinki: CTY1S;
Industry	Real estate;
Founded	1988; 36 years ago
Headquarters	Espoo, Uusimaa, Finland
Key people	Chaim Katzman (Chairman); F. Scott Ball (President and CEO); Eero Sihvonen (CFO);
Revenue	€332 million (2016); €296 million (2015);
Operating income	€224 million (2016); €149 million (2015);
Net income	€160 million (2016); €109 million (2015);
Total assets	€4.901 billion (2016); €4.664 billion (2015);
Total equity	€2.311 billion (2016); €2.246 billion (2015);
Owner	Gazit-Globe (49%)
Number of employees	237 (July 2023);
Website	www.citycon.com
	Footnotes / references;

Citycon Oyj owns, develops, and manages urban centers and other commercial properties in Finland, Norway, Sweden, Estonia and Denmark. The company primarily rents its premises to retail, service and office tenants and has also rental apartments. Citycon owns 33 urban centres. Of the urban centres 9 are located in Finland, including Iso Omena, 14 in Norway, 6 in Sweden, including Kista Galleria, 2 in Estonia and 2 in Denmark. Citycon’s centres attract approximately 120 million visitors annually.^[2]

History

Citycon was founded in 1988 by the Insurance Company Sampo Pension Ltd, Imatran Voima Oy, Rakennustoimisto A. Puolimatka Oy and Postipankki. The company is listed on the Main List of the Helsinki Exchanges.

References

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[1] ttp://www.nasdaqomxnordic.com/shares/microsite?Instrument=HEX24249&symbol=CTY1S&name=Citycon%20Oyj

[2] "Citycon, About us". 2023.

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