Investor Presentaiton
LEADING OWNER, MANAGER AND DEVELOPER OF URBAN COMMUNITY HUBS IN THE
NORDICS
Key Information
Top-10 Tenants (% of GRI, Q3/2022)
Net Rental Income*
(MEUR)
Number of Assets*
S Group
5.0%
202.3
Kesko Group
4.8%
In total 25.6% of GRI
and 50% of top-10 are
Varner Group
3.6%
grocery tenants
35
Norgesgruppen
2.4%
ICA Group
1.9%
Centers Connected to
Public Transportation
100%
Clas Ohlson
1.7%
H&M
1.7%
Visitors per year (million)*
120
Coop
1.6%
GLA (million sqm)*
1.1
Stockmann Group
KappAhl
1.5%
16
1.4%
centres
Portfolio Value (BEUR)**
4.5
Weighted Average Yield
5.3%
Requirement***
Public sector and healthcare
tenants represent ~11% of GLA,
giving us excellent credit tenants
WAULT (years)***
centres
3.4
Retail Occupancy Rate**
94.9%
LTV (IFRS)***
41.7%
Resilient business model which
outperformed during the pandemic
inflation protection with indexation of
rents
Pan-Nordic reach with leading
positions in Finland, Sweden,
Norway, Denmark and Estonia
Investment Grade Credit
BBB- &
Ratings*
***
Baa3
**⚫ Citycon
*As of 31 December 2021
**Including Kista Galleria
***As of 30 September 2022
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Citycon Investor Presentation
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