Citycon to acquire NCC’s share of Mölndal Galleria
Citycon is to acquire NCC’s 50 percent share of Mölndal Galleria for a purchase consideration based on a property value corresponding to SEK 584 million.NCC and Citycon have a joint-owned project company for the development and leasing of Mölndal Galleria. NCC and Citycon each hold 50 percent of the project company. As previously communicated, Citycon will acquire NCC’s share when the galleria has been completed and the contractual conditions have been fulfilled. The parties have now agreed on the more detailed terms and conditions and it is now clear that Citycon will acquire NCC’s 50-
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