Marcellinus Kokkeel is no longer serving in their position at Citycon

Jan 02, 2019
Board and Executive Moves
Background Information
Citycon is an active owner and long-term developer of shopping centres. The company lays the foundation for a successful business environment. Citycon’s retail properties serve both consumers and retailers. A market leader in the Finnish shopping centre business, Citycon also has a strong position in Sweden, a firm foothold in the Baltic countries and properties in Denmark. Citycon's own personnel operates all Citycon shopping centres and leasing operations. This operating model, which is based on retail expertise and market insight, differentiates Citycon from most other shopping centre owners. The company’s target is to be the best and most responsible shopping centre operator in its geographical area as well as a preferred retail partner. Citycon owns close to 40 shopping centres and around 40 other retail properties. In addition, the company manages shopping centre Galleria Esplanad in Helsinki city centre in Finland without owning it. Citycon Oyj’s stock has been listed on the Helsinki Stock Exchange since Citycon was founded in 1988. The company’s sector is Financials and subsector Real Estate