Citycon appointed Kaveh Feliciano as Residential Development Director

CITYCON OYJ              Corporate Press Release 19 May 2020

Kaveh Feliciano has been appointed Residential Development Director at Citycon. Kaveh will have the responsibility for Citycon’s residential development projects in the Nordics. He will take up his position in August 2020. The position is entirely new and an important part of realizing Citycon’s mixed-use development strategy.

Photo: Martin Källqvist

Kaveh is currently Group Manager at ALM Equity and has 10 years of experience within real estate development managing several projects to completion. His skills include investment analysis and evaluating feasibility of projects from a technical and financial standpoint.

“We are delighted to welcome Kaveh to our Nordic development team. His experience and expertise of developing residential properties will be an excellent addition to our current team”, says Erik Lennhammar, Chief Development Officer at Citycon.

“This is an important step in our strategy to grow the residential component of our business. Our assets are located in urban hubs in the largest cities across the Nordics, serving the local communities with retail, amenities and community facilities such as libraries, health care centres and leisure. By adding high-quality housings to these places, we will bring value both to the communities and to our investors”, says F. Scott Ball, Chief Executive Officer at Citycon.

For more information, contact:

Erik Lennhammar
Chief Development Officer
Citycon
Phone. +46 8-562 532 62
erik.lennhammar@citycon.com

Anne Ostelius
Senior Communications Manager
Citycon
Phone. +46 8-562 532 19
anne.ostelius@citycon.com 

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