Citycon divests Columbus retail centre in Finland
CITYCON OYJ Investor News 27 October 2021 at 21:15 hrsCitycon has signed an agreement to sell a necessity-based retail centre Columbus located in Helsinki, Finland to a Nordic real estate investor, NREP. The gross purchase price amounts to approximately EUR 106.2 million, which corresponds to Q3/2021 valuation, but is approximately 10 MEUR above the Q4/2020 valuation. The transaction is estimated to close during Q4/2021.“Columbus demonstrates Citycon´s ability to create additional value through active asset management at every stage of the property life cycle. During Citycon´s