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2007-07-16 14:30:32 CEST 2007-07-16 14:30:32 CEST REGULATED INFORMATION Citycon Oyj - Company AnnouncementCitycon s Shopping Centre Transaction in Tallinn, Estonia, FinalisedCITYCON OYJ Stock Exchange Release 16 July 2007 at 15.30 hrs On 7 June 2007, Citycon announced the signing of an agreement to acquire the shopping centre Magistral, located in the Mustamäe district of Tallinn, for approximately EUR 16.5 million. Closing of such transaction took place today. The transaction has been described in greater detail in the company's stock exchange release issued on 7 June 2007. For additional information on the purchased property, see the company's homepage www.citycon.fi. After closing of the deal, the company owns three shopping centres in the Baltic countries: two in Estonia and one in Lithuania. Helsinki, 16 July 2007 CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Harri Holmström, Vice President, Baltic Operations, mobile +358 40 845 5726 Petri Olkinuora, CEO mobile +358 400 333 256 Citycon is the market leader for the shopping centre business in Finland, where it owns a total of 20 shopping centres. In Sweden, Citycon owns eight shopping centres and three in the Baltic countries. In addition to the shopping centres, Citycon owns 53 other retail properties, 46 in Finland and seven in Sweden. Distribution: Helsinki Stock Exchange Main news media www.citycon.fi |
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