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10 April 2018, Finland | Corporate Finance | News

Catella advisor in the sale of Citycon’s retail property in the Kuopio city center

Catella acted as Citycon’s advisor when Citycon signed an agreement to sell a city centre retail property in Kuopio to Special Investment Fund Fennica Toimitilat I.

The property is located in Kuopio on a prominent spot at the edge of the market square. The total lettable area is approximately 10,300 square meters with over 20 tenants. Anchor tenants are Kesko, Tokmanni, Danske Bank and Restel Restaurants.

The purchase price is approximately EUR 22 million.

Under the signed agreement, the transaction is estimated to close during Q2 2018.

Download the press release

For more information, contact:

Erkki Hakala, Tel. +358 50 3625 768, erkki.hakala@catella.fi  

Antti Louko, Tel. +358 50 5277 392, antti.louko@catella.fi

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