Lehto Group Plc: Lehto and Citycon prolong the preliminary agreement
Lehto Group Plc
Stock exchange release
11 April 2018, 5.30 pm EEST
Lehto and Citycon prolong the preliminary agreement
Rakennusliike Lehto Ltd and Citycon Plc reported on October that Lehto and Citycon continue the development and planning of the Lippulaiva shopping mall located in Espoo and aim to sign the final agreements on construction and housing development before the end of March 2018. Now the preliminary agreement has been prolonged until May 2018.
Together with external designers the parties have designed and sought for solutions that would be in line with the functional and financial targets of both Citycon and Lehto.
The prolongment does not affect the financial outlook of Lehto Group Plc.