Mandatory public tender offer for all shares in Citycon Oyj
Our role
Evli is acting as financial adviser to the offeror and arranger in relation to the tender offer
Buyer
G City is a leading global real estate company focused on the ownership, management and development of retail and mixed use properties in major urban markets in North America, Brazil, Israel, Northern, Central and Eastern Europe
G City has been a long-term investor in Citycon since 2004 and believes that its extensive expertise in mixed-use income producing properties in urban areas, combined with its financial resources and strategic vision, positions it to better develop Citycon's long-term growth strategy. G City has strong belief in Citycon’s assets and their quality, which are in line with G City’s portfolio and strategy
Target
Citycon is the leading owner and developer of urban hubs in the Nordics and Baltics, with 28 mixed-use, necessity-based centres located in major cities in Finland, Sweden, Norway, Denmark, and Estonia