Issue 2011 March 22nd

This issue was created on 2011-03-22 10:01:00

  • Citycon deal reflects renewed Balkan momentumMarch 22, 2011
The Baltic region has received a significant boost this month as Helsinki-listed retail specialist Citycon has acquired the 42,600 sq m GLA Kristiine shopping centre in Tallinn, Estonia from Pro Kapital for euro105m. The move follows the acquisition of Delta Holding’s retail arm in Serbia by Delhaize in a euro932.5m deal, including euro300m of debt, for Delta Maxi.
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