Citycon Oyj traded at 2.90 this Friday May 15th, decreasing 0.03 or 0.85 percent since the previous trading session. Looking back, over the last four weeks, Citycon Oyj lost 14.83 percent. Over the last 12 months, its price fell by 21.45 percent. Looking ahead, we forecast Citycon Oyj to be priced at 2.97 by the end of this quarter and at 2.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Citycon Oyj is a Finland-based property investment company specializing in retail premises. Its principal activities include leasing, management and development of the property portfolio, as well as planning and commissioning of construction of new premises. Its operations are divided into three business units: Finland, Sweden and the Baltic Countries. The Company operates 55 shopping centers in the Nordic countries: Sweden and Finland; Lithuania and Estonia The Company operates a number of subsidiaries, notably the wholly owned subsidiary Sektor Gruppen.