Continued Positive Trends With Improved Footfall, Higher Consumer Spending and Rent Collection for Citycon's Centres in May

- We're happy to see continued positive trends with improved footfall, higher consumer spending and rent collection, says F. Scott Ball, CEO. As a leading Nordic player, Citycon is operating in a very stable business environment. In addition, our business model proves to be strong, even in times of covid-19. Our necessity-based community centres with retail, municipal services and grocery stores/pharmacies are connected to public transportation which provides natural visitor flow, every day.  ...

- We're happy to see continued positive trends with improved footfall, higher consumer spending and rent collection, says F. Scott Ball, CEO. As a leading Nordic player, Citycon is operating in a very stable business environment. In addition, our business model proves to be strong, even in times of covid-19. Our necessity-based community centres with retail, municipal services and grocery stores/pharmacies are connected to public transportation which provides natural visitor flow, every day. 

This press release follows the stock exchange release dated 25^thJune 2020.

Citycon is a leading owner, developer and manager of urban grocery-anchored shopping centres in the Nordic countries. The total value of the property portfolio managed by Citycon is approximately EUR 4.4 billion. Citycon is the leading shopping centre owner in Finland and among the market leaders in Norway, Sweden and Estonia. Citycon has also established a foothold in Denmark.

www.citycon.com

For further information, please contact:
Sanna Yliniemi
Vice President, Centre Management
Tel. +358-41-456-3421
[email protected]

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