Citycon Outsources Its Finance Activities Related to Nordic Accounting and Lease Administration to Staria
Citycon, a leading Nordic owner, manager and developer of mixed-use real estate, will outsource its finance activities, specifically those related to Nordic Accounting and Lease Administration, to enhance the scalability and flexibility of its operations in line with evolving business requirements.
We are delighted to partner with Citycon and to have their finance team join Staria’s family. This partnership beautifully exemplifies that companies of all sizes who are seeking growth through international expansion benefit from Staria’s scalable solutions and strong background in international growth.
Citycon Oyj states in its corporate press release dated 13 May 2024:
"The outsourcing includes a transfer of people from Nordic Accounting and Lease Administration teams, from Sweden, Finland, Norway and Estonia. The transfer will take place in Q3/2024.
The vendor selected by Citycon for the outsourcing is Staria, a Finnish company that offers global accounting services, ERP consulting services, and BI & Planning solutions in over forty countries through a unique one-stop delivery model. Staria operates in all countries where there are transferring employees."
We want to continue benefiting from local expertise within our operating countries and are confident that we have identified the ideal partner to maintain and enhance our financial expertise, while ensuring seamless collaboration with Citycon's organization. We are convinced that Staria is the best partner for us and can enable scalability according to our evolving business needs.
We’re thrilled to welcome Citycon’s esteemed finance team into our fold to enrich our talent pool with highly skilled professionals from the Nordic region. We look forward to providing our new colleagues with a Great Place to Grow at the heart of the industry, and a strong partnership with Citycon going forward.
For further information:
Sanni Koskela
Chief People and Culture Officer, Staria
Telephone +358 40 350 9296
sanni.koskela@staria.com
Citycon is a leading owner, manager and developer of mixed-use real estate featuring modern, necessity-based retail with residential, office and municipal service spaces that enhance the communities in which they operate. Citycon is committed to sustainable property management in the Nordic region with assets that total approximately EUR 4.0 billion. Our centres are located in urban hubs in the heart of vibrant communities with direct connections to public transport and anchored by grocery, healthcare and other services that cater to the everyday needs of customers.
Citycon has investment-grade credit rating from Standard & Poor's (BBB-). Citycon’s shares are listed on Nasdaq Helsinki Ltd.