Citycon has successfully completed the divestment of Trekanten in Norway
CITYCON OYJ Investor News 30 September 2024 at 17.40 hrsCitycon has successfully completed the divestment of Trekanten in Oslo, Norway. The transaction was announced and signed on 6 September 2024. Gross purchase price of the transaction is NOK 1 325 million (approx. EUR 112 million). The price is in line with the latest IFRS fair value of the asset, excluding the value of existing building rights. The proceeds from the transaction will be used to repay debt and to further strengthen Citycon’s investment grade balance sheet.CITYCON OYJFor further information, please contact: