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Citycon Oyj: Citycon to (Re)Develop Lippulaiva into a Completely New, Modern Shopping Centre

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HELSINKI--(BUSINESS WIRE)--CITYCON OYJ Press release 28 April 2016 at 9.15 am Citycon (HEX:CTY1S) has made a decision to invest in the Lippulaiva shopping centre development project, located in Espoonlahti, in the Helsinki area. The plan is to demolish the current shopping centre and build a completely new, modern and urban shopping centre that will be double the size of the current centre. The new Lippulaiva’s gross leasable area will be around 42,000 square metres. Citycon’s total investment


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