Building the Urban Hearts of Communities
Total Page:16
File Type:pdf, Size:1020Kb
BUILDING THE HEARTS OF URBAN COMMUNITIES 2 TABLE OF CONTENTS CATERING TO Catering to the needs of everyday life .......................... 2 Grow with us in the Nordics .............................................. 4 THE NEEDS OF Enriching everyday life ....................................................... 5 EVERYDAY LIFE Developing the hearts of urban communities ................ 6 Urban hub around the clock ............................................... 7 Citycon is a leading owner, manager and developer of necessity-based community centres for urban living CITYCON’S CENTRES including retail, office space and housing. Finland ................................................................................... 8 Sweden ............................................................................... 14 We operate in the Nordic region as the no. 1 leader Norway ................................................................................ 19 in Finland and among the market leaders in Norway, Estonia ................................................................................ 30 Sweden and Estonia. We also have established a foothold in Denmark. Denmark ............................................................................. 32 Contact ............................................................................... 34 Our centres are located in urban hubs with a direct connection to public transport. Placed in the heart of communities, our centres are anchored by groceries, healthcare and services to cater for the everyday needs of customers. We are committed to sustainable property management and enhancing the urban environment around our centres, creating local pride. BUILDING THE HEARTS OF URBAN COMMUNITIES 3 SHOPPING CENTRES 1 TOTAL VALUE 1 GLA 1 40 4.4 EUR BILLION 1.2 MILLION SQ.M. VISITORS 2 TENANT SALES 1 LEASE 170 MILLION P.A. 2.7 EUR BILLION 4,564 AGREEMENTS 1 1) Figures are for 2020 2) Figures are for 2019, Pre-COVID-19 4 GROW WITH US FINLAND IN THE NORDICS & ESTONIA The Nordic region is home to over 25 million 12 SHOPPING consumers with high purchasing power, and CENTRES the population growth in the area is among the strongest in Europe. We can facilitate your growth across the region. NORWAY 18 SHOPPING CENTRES WHY NORDICS? 10 • Majority of centres located in capital or major cities + • Nordic capitals among the fastest 17 1 growing cities in Europe • Strong and stable macro fundamentals 2 SWEDEN • Consumers with high purchasing power & DENMARK • Transparent business environment 6 Number of shopping centres • International brand penetration below 8 * Including also the rented centres European average SHOPPING CENTRES Figures are for Q1/2021 2 BUILDING THE HEARTS OF URBAN COMMUNITIES 5 100% linked to public transport Over 100 grocery stores Shopping ENRICHING Well-being EVERYDAY LIFE Entertainment & fun Enjoyable food & beverage Municipal services 6 DEVELOPING THE HEARTS OF URBAN COMMUNITIES We have a strong expertise in retail and urban development and a deep understanding of the local markets in which we operate. With our knowledge, we improve our necessity-based community centres with high quality mixed-use developments, providing enjoyable space in which people and businesses thrive. LILJEHOLMSTORGET, STOCKHOLM: Plans to create a modern office hub and residentials adjacent to existing centre. Zoning completed and construction to start 2022. Read more on page 16. LIPPULAIVA, GREATER HELSINKI AREA: New, modern and urban centre under construction. To be opened in OASEN, BERGEN: Plans to create a mixed-use, better-connected, modern centre, adding residentials spring 2022. Next step is to add residentials with estimated volume of 31,000 sqm. Read more on page 10. and more functions such as services and leisure. Target completion: 2030. Read more on page 26. BUILDING THE HEARTS OF URBAN COMMUNITIES 7 URBAN HUB AROUND THE CLOCK We create multi-purpose meeting As an urban developer, our objective places that include retail, services, is to increase the attractiveness and competitiveness of the Citycon centres residential, culture, offices, health, by creating a greater breadth and food and leisure. interaction between different uses to ensure a steady footfall throughout the Our centres are at the heart of urban life day and week. By offering a wide range and an integral part of the daily lives of the of activities we offer numerous reasons people living, working and visiting the area. to visit our centres. TRANSFORMATION OF CURRENT PORTFOLIO NEW DEVELOPMENT FUTURE PORTFOLIO OUR ASSET PORTFOLIO By improving our centres with a multitude of uses, we deliver lasting commercial and RENTAL social benefit to our customers and local HOTEL communities. GLA GLA GLA OFFICE * * RETAIL Our long-term strategy is a transformation 1.1 m 0.4 m 1.5 m OTHER of our asset portfolio towards a greater CONDO diversification, with more residentials, + = offices and other uses. * Excludes 187,000 sq.m. of condos suggested to be developed in a Joint Venture or sold as building rights. 8 CITYCON’S CENTRES FINLAND GREATER HELSINKI AREA FINLAND OTHER AREAS 1. Iso Omena 5. Trio 2. Lippulaiva (Pikkulaiva) 6. IsoKristiina 3. Myyrmanni 7. Koskikeskus 4. Columbus 8. IsoKarhu E12 E75 3 E18 E12 8 7 5 6 E75 Espoo E18 4 E12 Helsinki city centre 1 2 GREATER HELSINKI AREA 9 ISO OMENA MYYRMANNI Iso Omena, one of Finland’s largest centres, Myyrmanni is at the heart of the densely has an excellent grocery store offering and a populated and continuously growing diverse selection of fashion, interior design Myyrmäki, in the Helsinki metropolitan area. and leisure specialty stores as well as private The shopping centre has two large grocery and public services. Iso Omena houses the stores, fashion, beauty and interior design Service Centre of the City of Espoo, which stores as well as restaurants and cafés, offers the services of a modern library and specialty shops and a diverse selection a health centre. Iso Omena has undergone a of health care services. Myyrmäki has a major expansion project that was completed great train connection straight to the in 2017. heart of Helsinki. Anchor tenants: Prisma, K-Citymarket, Anchor tenants: K-Citymarket, S-Market, Lidl, Alko, Service Centre (City of Espoo), Alko, H&M, Jysk, Fitness 24Seven, Terveystalo, H&M, Zara, Finnkino Pikkujätti, Terveystalo, Tokmanni Location: Espoo Location: Vantaa SHOPS 1 SALES 2 SHOPS 1 SALES 2 MILLION MILLION 19.9 VISITORS 2 220 378.6 MEUR 8.6 VISITORS 2 82 152.6 MEUR GLA 1 RETAIL GLA 1 PARKING 1 GLA 1 RETAIL GLA 1 PARKING 1 101,200 m2 84,400 m2 2,600 spaces 40,400 m2 31,100 m2 1,100 spaces GLA by category 1 GLA by category 1 8% Cafes and Restaurants 8% Cafes and Restaurants 3% Cosmetics and Pharmacies 3% Cosmetics and Pharmacies 17% Fashion and Accessories 14% Fashion and Accessories 27% Groceries 44% Groceries 9% Home and Sporting Goods 12% Home and Sporting Goods 8% Leisure 12% Services and Offices 22% Services and Offices 2% Specialty Stores 3% Specialty Stores 5% Wellness 3% Wellness 1) Figures are for 2020 2) Figures are for 2019, Pre-COVID-19 GREATER HELSINKI AREA 10 LIPPULAIVA GLA by category 9% Cafes and Restaurants 2% Cosmetics and Pharmacies 11% Fashion and Accessories 8.0 44% Groceries MILLION 8% Home and Sporting Goods EXPECTED 20% Services and Offices VISITORS 2% Specialty Stores 4% Wellness SHOPS SALES 100 175 MEUR (Expected sales, after completion) GLA PARKING 40,000 m2 1,300 spaces The new, modern and urban centre Lippulaiva will open in spring 2022. A new Pikkulaiva metro station and bus terminal will be located underneath the centre. The retail Finland’s first recyclable pop-up mix will focus on a strong grocery and daily shopping service offering that will centre Pikkulaiva, a 10,000 sq.m. serve the everyday shopping needs of the growing population in the area. temporary shopping centre, This mixed-use development will also include eight residential blocks with located in the vicinity of Lippulaiva, approximately 550 new apartments. The residentials are estimated to be will ensure that local residents completed 2022–2024. have access to services for the duration of the construction work. Lippulaiva will have the largest geothermal heating and cooling facility for a commercial building in Europe, generating carbon-free energy to meet almost the entire heating and cooling needs of the centre as well as the heating needs of the new apartments. Anchor tenants: Prisma, K-Supermarket, Lidl, Elixia, library (City of Espoo) Location: Espoo 1) Figures are for 2020 2) Figures are for 2019, Pre-COVID-19 GREATER HELSINKI AREA 11 COLUMBUS Columbus is located in a fast-growing area in Vuosaari, in the Helsinki metropolitan area. Columbus is an important local centre in its catchment area and a central meeting place for local people. The centre offers high- quality grocery stores, specialty shops and various public and private services. Thanks to its superb transport connections, Columbus can be accessed easily by car, metro and bus. Anchor tenants: K-Supermarket, S-Market, Tokmanni, Jysk, Alko, Lidl Location: Helsinki YOUR BEST SHOPS 1 SALES 2 MILLION 6.6 VISITORS 2 50 89.3 MEUR NEIGHBOUR GLA 1 RETAIL GLA 1 PARKING 1 22,200 m2 20,400 m2 600 spaces GLA by category 1 7% Cafes and Restaurants 3% Cosmetics and Pharmacies 6% Fashion and Accessories 65% Groceries 9% Home and Sporting Goods 6% Services and Offices 3% Specialty Stores 1% Wellness 1) Figures are for 2020 2) Figures are for 2019, Pre-COVID-19 FINLAND OTHER AREAS 12 TRIO ISOKRISTIINA Trio is a well-known centre with long history IsoKristiina, in the best location in the heart in the heart of the city of Lahti. The centre of the city, is an urban centre and inviting has a strong and loyal customer base and living room for people in Lappeenranta very good selection of services and retail in area. A special feature of IsoKristiina is unique location. Trio has an excellent offering that Lappeenranta City Theatre is located of fashion stores, cafés, restaurants and within the centre. The centre, theatre and a diverse selection of public and private hotel form a unique entity for the locals as services, such as extensive banking services, well as tourists. IsoKristiina’s extensive (re) hotel and gym.