Citycon sells two land plots in Vuosaari, Helsinki
CITYCON OYJ Investor News 2 May 2019 at 17:15 hrsCitycon has signed preliminary agreements, based on which Citycon and Paulig Oy sell two land plots in Vuosaari, Helsinki. Both transactions will take place after the zoning has been approved. The total value of the agreements to Citycon amounts to EUR 9.4 million. The buyers, Skanska Talonrakennus Oy and Bonava Suomi Oy, plan a significant residential project in the area, which is located in the immediate vicinity of Citycon’s Columbus shopping centre. “These divestments reflect Citycon’s strategy to focus on urban, grocery-anchored