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2007-06-05 15:15:57 CEST 2007-06-05 15:15:57 CEST REGLAMENTUOJAMA INFORMACIJA Citycon Oyj - Company AnnouncementCitycon s Real Estate Transactions in Umeå in northern Sweden FinalisedCITYCON OYJ Stock Exchange Release 5 June 2007 at 4.15 p.m. On 25 May 2007, Citycon announced the signing of an agreement to acquire 75 per cent of the shares in the Swedish real estate company Balticgruppen Handel AB for approximately SEK 490 million (ca EUR 53.3 million). The real estate company owns the shopping centre Strömpilen and the Länken retail property in Umeå in northern Sweden. Closing of such transaction took place today. The transaction has been described in greater detail in the company's stock exchange release issued on 25 May 2007. For additional information on the purchased properties, see the company's homepage www.citycon.fi. Helsinki, 5 June 2007 CITYCON OYJ Petri Olkinuora CEO For further information, please contact: Ulf Attebrant, Vice President, Swedish Operations mobile +46 70 341 53 17 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 two in the Baltic countries. In addition to the shopping centres, Citycon owns 52 other retail properties, 45 in Finland and seven in Sweden. Distribution: Helsinki Stock Exchange Main news media www.citycon.fi |
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