Citycon Oyj 2014 IR
The report highlights Citycon's solid financial and operational performance in 2014, with like-for-like net rental income growing by 2.9% and the economic occupancy rate increasing to 96.3%. The company successfully recycled capital by divesting 12 non-core properties for approximately EUR 30 million and acquiring full ownership of the Iso Omena shopping centre. Additionally, Citycon strengthened its balance sheet by raising EUR 400 million in new equity through two share issues and placing a EUR 350 million 10-year Eurobond, which led to credit rating upgrades. On the sustainability front, the company reduced energy consumption by 5.7% and improved its shopping centre recycling rate to 88.5%.
Company: Citycon Oyj
Sector: Real estate
Country: Finland
Year: 2014
Type: IR
Pages: 180
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Citycon Oyj
Annual And Sustainability Report
The report highlights Citycon's solid financial and operational performance in 2014, with like-for-like net rental income growing by 2.9% and the economic occupancy rate increasing to 96.3%. The company successfully recycled capital by divesting 12 non-core properties for approximately EUR 30 million and acquiring full ownership of the Iso Omena shopping centre. Additionally, Citycon strengthened its balance sheet by raising EUR 400 million in new equity through two share issues and placing a EUR 350 million 10-year Eurobond, which led to credit rating upgrades. On the sustainability front, the company reduced energy consumption by 5.7% and improved its shopping centre recycling rate to 88.5%.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Employees