Nordic shopping centre investor Citycon has potential to double its portfolio in the next four to five years, according to Chaim Katzman, chairman of the Citycon Board of Directors and Citycon's major shareholder Gazit-Globe. Currently Helsinki-based Citycon has a portfolio comprising 33 shopping centres and 49 other retail properties with a fair value totalling EUR 2.2 bn.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
