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Karine Ohana Joins Board of Citycon Oyj

Finnish company owns 40 shopping centers in Northern Europe.

PARIS — Karine Ohana, a partner at Paris-based investment firm Ohana & Co., has been elected a member of the board of Citycon Oyj, the Finnish developer of shopping centers.

Founded in 1988, Citycon Oyi is quoted on the Helsinki stock exchange and posted revenues last year of 239.2 million euros, or $307.6 million at average exchange rates.

Citycon owns about 40 shopping centers and 40 other retail properties in Finland, Sweden, Denmark and the Baltic countries.

While Northern Europe is not a primary focus for many retailers and fashion groups, Ohana notes that the region is noteworthy because “the purchasing power there is quite high with a great quality of life.”