Citycon's shopping center acquisition in Tallinn finalized (FI/EE)

On March 17, 2011, Citycon announced the signing of an agreement to acquire Kristiine shopping center in Tallinn, Estonia for €105 million. Closing and payment of such transaction took place yesterday (May 2, 2011). The transaction has been described in greater detail in the company's stock exchange release issued on March 17, 2011.

Citycon now owns and manages a total of 35 shopping centers and 46 other retail properties in Finland, Sweden, Estonia and Lithuania.

Source: GlobeNewswire

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