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 …