Tag «Citycon»

Citycon converts to geothermal energy in Jakobsbergs Centrum

Citycon will convert to geothermal heating and cooling in Jakobsbergs Centrum reducing the overall energy consumption of the shopping centre by up to 65%. Jakobsbergs Centrum will serve as a pilot project for geothermal solutions in Citycon’s shopping centres in line with Citycon’s objective to invest in energy efficiency and increased use of renewable energy sources. …

Citycon Acquires Kista Galleria Shopping Center in Stockholm Together with Canada Pension Plan Investment Board (CPPIB) for approximately SEK 4.6 billion (approx. US$700 million)

Kista Galleria has an annual footfall of approximately 18.1 million visitors (the highest in Stockholm) and annual sales of US$360 million; Citycon Oyj is a subsidiary of Gazit-Globe Group (NYSE: GZT) Citycon Oyj (NASDAQ OMX: CTY1S), a long-term owner and developer of shopping centers in the Nordics and the Baltic countries, and Canada Pension Plan …