Life in Sustainable Cities

Total Page:16

File Type:pdf, Size:1020Kb

Life in Sustainable Cities More life in sustainable cities WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 Year 2016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 Table of contents YEAR 2016 26 Renewed strategy and CORPORATE GOVERNANCE 5 Key figures development programmes 64 Corporate Governance 6 Indicators 28 Financial targets 72 Operating principles and 7 Highlights 29 Capital use and financing solutions control systems 9 President and CEO’s review 32 Megatrends 74 Board of Directors 10 Renewed strategy for 75 Management Board 2017–2019 Our focus areas 13 Operating environment 33 Caring for customers FINANCIAL STATEMENTS 35 Visionary urban 76 Report of the Board of Directors Segment reviews development 98 Consolidated financial statements 14 Housing Finland and CEE 37 Passionate execution 154 Parent company financial statements 15 Housing Russia 39 Inspiring leadership 170 Board of Directors’ proposal 16 Business Premises and for the distribution of distributable Infrastructure Our business segments equity 44 Housing Finland and CEE 171 Auditor’s report MORE LIFE 45 Housing Russia 176 Key financial figures 18 Perspectives on sustainable 46 Business Premises and Infrastructure urban environments INVESTORS 21 Point of view: Urban utopias 47 Risks and risk management 183 YIT aims to create added value then and now for its shareholders CORPORATE RESPONSIBILITY 187 Information for shareholders BUSINESS OPERATIONS 52 Sustainable development at YIT 24 Business model and 54 GRI Index value creation model WE BELIEVE THAT THE URBANISATION TREND WILL CONTINUE AND THAT PEOPLE WILL SEEK TO LIVE IN ATTRACTIVE AREAS AND LOCATIONS WHERE HOMES AND JOBS, SERVICES, HOBBIES AND FUNCTIONAL PUBLIC TRANSPORT MEET IN AN INTERESTING WAY. KARI KAUNISKANGAS, PRESIDENT AND CEO 2 WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 Year 2016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 YIT in brief YIT creates better living environment by developing and constructing housing, business premises, infrastructure and entire areas. Our vision is to bring more life in sustainable cities. We want to focus on caring for customer, visionary urban development, passionate execution and inspiring Finland leadership. Our growth engine is urban development Russia involving partners. Our operating area covers Finland, Russia, St. Petersburg Estonia Tyumen the Baltic countries, the Czech Republic, Slovakia and Latvia Lithuania Yekaterinburg Poland. Moscow and the Moscow Kazan Poland region Czech Republic Slovakia Rostov- on-Don WATCH THE VIDEO: MORE LIFE We operate in eight countries. In 2016, we launched our first project in Poland, which is our newest operating area. We seek growth particularly from Central Eastern European countries and the growth centres in Finland. 3 WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 YEARYear 20162016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 YEAR 2016 Key figures 5 Indicators 6 Highlights 7 President and CEO’s review 9 Renewed strategy for 2017–2019 10 Operating environment 13 Segment reviews 14 Housing Finland and CEE 14 Housing Russia 15 Business Premises and Infrastructure 16 ST. PETERSBURG, RUSSIA The job and educational opportunities offered by St. Petersburg attract new residents from other parts of the country, particularly Northern Russia, on a continuous basis. The newcomers require more apartments and new residential areas. 4 4 4 WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 YEAR 2016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 Key figures Segment reporting, POC 1–12/16 1–12/15 Change Group reporting, IFRS 12/16 12/15 Change Revenue, EUR million 1,783.6 1,651.2 8% Gearing, % 112.3 101.1 Operating profit, EUR million 52.9 65.7 -19% Equity ratio, % 31.2 32.9 Operating profit margin, % 3.0 4.0 Net interest-bearing debt, EUR million 633.1 529.0 20% Adjusted profit, EUR million 79.9 76.0 5% Balance sheet total, EUR million 2,284.0 1,966.6 16% Adjusted profit margin, % 4.5 4.6 Invested capital, EUR million 1,263.4 1,174.3 8% Profit before taxes, EUR million 13.8 27.0 -49% Profit for the review period (attributable to equity holders of the parent company), EUR million 7.4 20.0 -63% Earnings per share, EUR 0.06 0.16 -63% Dividend/share1, EUR 0.22 0.22 DIVIDEND PROPOSAL REVENUE, POC Operating cash flow after investments, EUR million -43.1 183.7 Return on investment (last 12 months), % 4.7 5.3 Equity ratio at end of period, % 35.1 35.5 Order backlog at end of period, EUR million 2,613.1 2,172.9 20% 0.22 € 1,784 Personnel at end of period 5,261 5,340 -1% per share EUR million 1 The figure for 2016 is the Board of Directors' proposal to the AGM REVENUE BY SEGMENT, POC1 1 ADJUSTED OPERATING PROFIT BY SEGMENT, POC, EUR MILLION 2 REVENUE BY GEOGRAPHICAL AREA, POC 3 59.9 11% 74% Housing Finland and CEE, EUR 727.9 Finland, EUR 1,316.0 Housing Finland million 38.1 million and CEE 15% 44% 41% Housing Russia, Russia, EUR 269.0 Housing Russia EUR 267.9 million million Business Premises Business Premises CEE, EUR 198.5 -2.3 and Infrastructure and Infrastructure, million EUR 797.4 million 15% 1 %-shares excluding other items 5 WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 YEAR 2016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 Indicators ACCESSIBILITY OF SERVICES FROM OUR APARTMENTS YIT'S QUALITY INDICATORS YIT'S SUSTAINABLE URBAN ENVIRONMENTS DISTANCE FROM A GROCERY SHOP INDICATORS 60% 58% Q-FACTOR 8 NUMBER OF EMPLOYEES ACCESSIBILITY OF SERVICES FROM OUR APARTMENTS AT THE END OF YEAR DISTANCE FROM A GROCERY SHOP 35% 100% 32% 92% 88% 87% Q-factor reflects the proportion of consumer 60% 58% customers who have no complaints when the 7% 7% apartment is handed 5,261 over. Flawless handovers 35% less than less than over 32% are a strategic objective 500 m 1,200 m 1,200 m for us. 2014 2015 2016 Goal ACCESSIBILITY2015 OF SERVICES FROM OUR APARTMENTS 7% 7% DISTANCE2016 FROM A GROCERY SHOP less than less than over ACCIDENT FREQUENCY RATE WEIGHTED NPS 4 7 500 m 1,200 m 1,200 m 60% 58% 59% 60% 62% >60% ACCESSIBILITY2015 OF SERVICES FROM OUR APARTMENTS 12 NPS, or Net Promoter Score DISTANCE2016 FROM PUBLIC TRANSPORTATION 35% 10 10 10 (scale -100%....100%), 32% No. of reportable reflects the degree to which 65% accidents at work per customers are prepared to 60% million working hours. recommend the company Our goal is 0 accidents. that has implemented the 7% 7% The number of sick project in question. The leave days caused by score is affected by the 32% less than less than over accidents decreased by proportion of Promoters 500 m 1,200 m 1,200 m 2013 2014 2015 2016 45% during 2016. 2014 2015 2016 Goal and Detractors among all 25% respondents. Weighted NPS has been calculated 10% 2015 from segment specific 7% 2016 results weighted by revenue volumes. less than less than over NUMBER OF TRAINEES 300 m 750 m 750 m AND THESIS WORKERS 2015 DURING 2016 OVER Our biggest impact on the society comes from our products, or apartments, business premises and infrastructure creating urban environment. We 700 2016 follow Sustainable Urban Environments indicators especially in self-developed residential production. The figures include all the apartment building projects in all of our operative countries that have received a start-up decision during the year. 6 WorldReginfo - 121b8cbb-866d-40d2-a768-03114819f936 YEAR 2016 / More life / Business operations / Corporate responsibility / Corporate governance / Financial statements / Investors ANNUAL REPORT 2016 Highlights Kasarmikatu 21 office building in First residential project Flexible Smartti homes launched EUR 300 million financing package central Helsinki in Poland in the market for the Tripla shopping mall project In March, YIT signed a contract for the YIT established its Poland unit in autumn YIT introduced its new affordable and flexible The Tripla project in Pasila, Helsinki, took a demolition of two old office properties and the 2015 to strengthen its presence in the Smartti housing concept in May. The con- significant step forward in June with the construction of a new office building in the CEE countries. The first residential project struction of the first Smartti project began in signing of financing contracts for the heart of Helsinki. The real estate company is in Poland, Nordic Mokotów, started in May Lahti in July. At the end of the year, more than shopping mall, which meant the contracts a joint venture between Ahlström Capital, HGR 2016. Read more 400 Smartti homes were under construction under which the construction of the Mall of Property Partners and YIT. Read more across Finland. Read more Tripla will be carried out in the form of a joint venture became effective. Read more YIT chosen to construct the Helsinki YIT’s largest area project in Slovakia YIT awarded a BREEAM certificate in Tampere light rail project Central Library Oodi started Kazan, Russia implementation contract In July, YIT signed a project management In September, YIT started the first YIT’s residential building in Kazan, Russia, YIT, VR Track and Pöyry signed an agreement contract with the City of Helsinki regarding phase of the Nuppu area development project was awarded a BREEAM certificate for with the City of Tampere in November the construction of the Helsinki Central in Slovakia. With a project value exceeding ecological efficiency in September. It is the regarding the implementation of the Tampere Library. The construction was started in EUR 100 million and more than 1,000 apart- first building in the Kazan property market to light rail project.
Recommended publications
  • Finnish Shopping Centers 2020 Centers Shopping Finnish Finnish Councilfinnish of Shopping Centers • Suomen Kauppakeskusyhdistys Ry
    Succesful and evolving shopping center business – the beating heart of community! Menestyvä ja kehittyvä Finnish Shopping Centers 2020 kauppakeskusliiketoiminta – yhdyskunnan sykkivä sydän! Kauppakeskukset Finnish Council of Shopping Centers Annankatu 24, 2. krs. 00100 Helsinki puh. +358 9 4767 5711 www.kauppakeskusyhdistys.fi Finnish Shopping Centers 2020 Centers Shopping Finnish Kauppakeskukset Finnish Shopping Centers 2014 Centers Shopping Finnish Kauppakeskukset www.kauppakeskusyhdistys.fi Finnish Council of Shopping Centers • Suomen Kauppakeskusyhdistys ry Finnish Shopping Centers 2020 Kauppakeskukset 4 5 Introduction The Finnish Shopping Centers 2020 industry review transparency and knowledge of the sector among they are conveniently accessible. The business mix centers is as part of a community structure which is compiled by the Finnish Council of Shopping investors, customers, traders, and the main stake- changes constantly according to customer needs. is conveniently accessible. The key is to create rele- Centers. It provides a package of information on holders in the sector, both in Finland and abroad. Business proprietors are able to operate in an eco- vant spaces for people and to provide a community shopping centers for everyone interested in the logically and socially responsible way. The shopping hub. The ongoing trend is to provide non-retail uses sector. This is already the fourteenth annual review. Shopping centers are adapting to center business in Finland has reached its 30-year by increasing leisure in shopping centers and also Shopping Centers 2020 contains key figures about continuous change anniversary. It is not yet a mature sector, but it is in town centre regeneration. The mixed-use town the business sector as well as standardised intro- an area with continuous development.
    [Show full text]
  • KTI Market Review Spring 2019
    KTI Market Review Spring 2019 The invested real estate market continues to grow Property transactions volume remains high Rental growth slowing down in the commercial property market Residential rents continue to increase KTI Market Review Spring 2019 Property transaction volume remains high in Finland. Investor interest is targeted at all sectors and regions. Foreign investor interest remains strong, but domestic players are also active in the transactions market. Strong investor demand and high development volumes contribute to the growth of the invested market. After a short break late in 2018, property yields have continued to compress. During the first quartile of 2018, transactions of the very best properties in the Helsinki CBD have been carried out at record low level yields. In addition to the Helsinki metropolitan area, yields have also decreased in the Tampere and Turku regions. Going forward, construction volumes are expected to decrease from their current high levels. However, commercial property stock continues to increase, as ongoing projects are completed in 2019 and 2020. In residential property development, the decrease in investor demand is slowing down the volumes from their record-high levels of 2018. Despite the decline, residential property construction volumes are expected to remain healthy. In the commercial property rental markets, the strong demand of the previous years is expected to slow down. In the Helsinki CBD, office rents continue to increase, but at a slower pace than in 2017 and 2018. The outlook in the retail market remains more negative, and rents are expected to remain stable in the best areas in Helsinki but to decrease in all other areas.
    [Show full text]
  • (CEF) 2019 TRANSPORT MAP CALL Proposal for the Selection of Projects
    Connecting Europe Facility (CEF) 2019 TRANSPORT MAP CALL Proposal for the selection of projects July 2020 Innovation and Networks Executive Agency THE PROJECT DESCRIPTIONS IN THIS PUBLICATION ARE AS SUPPLIED BY APPLICANTS IN THE TENTEC PROPOSAL SUBMIS- SION SYSTEM. THE INNOVATION AND NETWORKS EXECUTIVE AGENCY CANNOT BE HELD RESPONSIBLE FOR ANY ISSUE ARISING FROM SAID DESCRIPTIONS. The Innovation and Networks Executive Agency is not liable for any consequence from the reuse of this publication. Brussels, Innovation and Networks Executive Agency (INEA), 2020 © European Union, 2020 Reuse is authorised provided the source is acknowledged. Distorting the original meaning or message of this document is not allowed. The reuse policy of European Commission documents is regulated by Decision 2011/833/EU (OJ L 330, 14.12.2011, p. 39). For any use or reproduction of photos and other material that is not under the copyright of the European Union, permission must be sought directly from the copyright holders. PDF ISBN 978-92-9208-086-0 doi:10.2840/16208 EF-02-20-472-EN-N Page 2 / 168 Table of Contents Commonly used abbreviations ......................................................................................................................................................................................................................... 7 Introduction ................................................................................................................................................................................................................................................................
    [Show full text]
  • Finest Link New Technologies Challenge
    FinEst Link New Technologies Challenge Antero Alku, Esa Nurkka Alkutieto Oy, 8.1.2018, päivitetty versio Table of contents 1. Executive summary 2. Goal 3. Service concept of the tunnel • Traffic system level • Service level 4. Variations of a TSI compatible tunnel • Car transport in large profile rolling stock • Dual gauge track 5. Service concepts of trains • Commuter trains • Road vehicle trains • Long distance passenger trains • Night trains to Rail Baltica • Freight trains 6. Traffic economy • Basics of public transport economy • Train operating costs • Tunnel maintenance and operation • Incomes • Operational result 7. Tunnel economy • Return of investment • Development of ROI • ROI and the size of investment 8. Tunnel concept • Basic situation • Helsinki end transfer • Tallinn end transfer • Road vehicle train terminals • Freight transfer terminals • Tunnel track gauge • Tunnel concept investment 9. Tunnel concept • Car transport in large profile rolling stock • Double track gauge 10. Regional impacts • Channel tunnel – a bad proxy for Helsinki-Tallinn tunnel • Øresund Bridge – a better proxy for Helsinki-Tallinn tunnel • Conclusion on the regional impacts 11. Conclusion 2 Executive summary The key findings in this report: ● The justification for the construction of the tunnel is based on the daily commuting between Helsinki area and Tallinn area. The business potential of long term passenger transportation as well as freight transportation is of minor significance, and the business case is viable based solely on commuting traffic. ● The utilization of the artificial islands has not been discussed in this report, but the potential should not be underestimated. ● A 1435/1524 mm dual gauge track is the recommended solution, with 1435 mm tracks dedicated for Rail Baltica passenger trains ending underneath the Helsinki railway station.
    [Show full text]
  • Mapic Insight
    mapic insight THE 23RD EDITION OF MAPIC WILL TAKE PLACE ACROSS THREE DAYS DURING 15-17 NOVEMBER AT THE PALAIS DES FESTIVALS IN CANNES, ONCE AGAIN OFFERING THE INTERNATIONAL Courses RETAIL REAL ESTATE INDUSTRY AN OPPORTUNITYTO LEARN ABOUT THE LATEST TRENDS IN THE INDUSTRY, SPARK of Retail DEALS AND EXPAND BUSINESS OPPORTUNITIES. m DREAM ISLAND, MOSCOW, RUSSIA DEVELOPER: REGIONS GROUP ince 1995, MAPIC has been the premier event Food services are largely transforming shopping centres MAPIC 2017 Set to Entertain for industry professionals. Organised by Reed into convivial lifestyle venues. Media companies, film and video game specialists are MIDEM.this edition will feature more than 8,500 The point of sale experience is a vital element in disrupting leisure offerings in shopping centres through participants from across the international retail persuading consumers to go out rather than buy online. partnerships with various commercial real estate Sreal estate sector. For ultra-connected clients, the shopping experience players.The entertainment leader and top international With an extensive exhibition zone set to be on and its associated human encounters are more video game publisher Ubisoft will be taking part in a site, and with two days featuring more than 100 important than the product itself. As a result, traditional panel session during the event to discuss the growing retail conferences, keynote addresses and networking shopping centres are transforming into social sites for concept of the "Family Entertainment Centre". events featuring more than 200 industry experts, meeting others and leisure activities where people This concept is now offering a leisure attraction and MAPIC gives its attendees a chance like no other to come to spend the day.
    [Show full text]
  • Annual Report 2016 NCSC Annual General Meeting, Stockholm, May 10 2017
    Annual Report 2016 NCSC Annual General Meeting, Stockholm, May 10 2017 NCSC mission statement and basis for work NCSC is the most professional, engaged and involved association within the shopping centre industry in the Nordic countries, including all shopping formats, all locations and all professions, directly or indirectly engaged in shopping centres. NCSC is the best network in the industry, has a high visibility and creates the best activities. The purpose of NCSC is to advance the shopping centre industry and to promote its role in relation to other industries and to the society. In 2010 a Business plan was adopted, stating the activities necessary to achieve the mission. This business plan has been the steering document for the work within NCSC since then and reviewed annually. Membership at year-end Companies Companies Companies Companies Individuals Individuals Individuals Individuals Country 2013 2014 2015 2016 2013 2014 2015 2016 Sweden 228 190 205 181 598 582 628 584 Norway 111 130 134 121 345 361 378 340 Denmark 44 44 41 41 97 89 88 71 Finland 24 24 35 41 68 65 114 133 Others 4 4 8 10 18 15 21 24 Total 411 391 423 394 1126 1112 1229 1152 Companies=total number of membership companies. Individuals=total number of persons included in all the membership companies. Revenues NCSC has three sources of revenue: membership fees, partner/sponsorships and surplus from events. The prices of membership were slightly increased 2016. Partner/Sponsorships have continued to grow throughout 2016. NCSC wishes to express a deep gratitude towards the different companies that are supporting us in our work.
    [Show full text]
  • Citycon Annual Report 2007 Annual Report Citycon Business and Property Portfolio
    Pohjoisesplanadi 35 AB Tel. +358 9 680 36 70 www.citycon.fi FI-00100 Helsinki, Fax +358 9 680 36 788 [email protected] Finland Annual Report 2007 Contents 2007 Citycon in Brief .....................................................................................................................................1 Citycon as an Investment and Information for Shareholders .............................2 CEO’s Review ...........................................................................................................................................4 Business Environment .....................................................................................................................6 Citycon Annual Report Annual Report Citycon Business and Property Portfolio ...............................................................................................9 Finland ....................................................................................................................................................27 Sweden ...................................................................................................................................................30 Baltic Countries ................................................................................................................................32 Human Resources ...........................................................................................................................34 Profit Performance and Financial Position ..................................................................37
    [Show full text]
  • JLL Nordic Outlook JLL Nordic Outlook
    JLL Nordic Outlook Focus: Living Flexible office space Autumn Spring2019 2019 Property Data Definitions Prime Office Rent Prime office rent refers to the optimum open-market rent level that can be expected for a notional office unit of the highest quality and specification in the best location in a specific market or submarket on the survey date (normally at the end of each quarterly period). Prime office rent is normally based on prime units of over 500 sq m of lettable floor space and does not include prime rents for smaller floor spaces. Prime rent refers to occupational lease that are standard for the local market. A face rent, on the other hand, does not take the financial impact of tenant incentives into account, and excludes service charges and local taxes. It represents JLL’s view of the market and is calculated on the basis of an analysis/review of actual prime office space transactions, not including any unrepre- sentative deals. Prime Yield Prime yield refers to the optimum (i.e. lowest) “rack-rented” yield that can be expected for a notional office property of the highest quality and specification in the best location in a specific market or submarket on the survey date (normally at the end of each quar- terly period). The property should have been let at the prevailing market rent to a first-class tenant with an occupational lease that is the standard for the local market. The prime initial net yield, i.e. the initial net income at the date of acquisition, is quoted as a percent- age of the total acquisition price, which includes acquisition costs and transfer taxes.
    [Show full text]
  • Orientation Program
    ARRIVAL ORIENTATION PROGRAM For U.S. Fulbright Scholars and Students August 19-22, 2019, Helsinki, Finland #FinnishWelcome Welcome to Fulbright Finland! Dear Fulbright Awardee, On behalf of the Fulbright Finland information already in advance through Foundation Board of Directors and the the Pre-Arrival Webinar and the web- staff team, it is my great pleasure and based Fulbright Finland Orientation privilege to welcome you to Finland. Guide. The on-site seminar starts from Among the nearly 160 Fulbright where these two resources left off. It programs around the world, the strives to give you the direct contacts Finnish-American program is unique. and connections that will help you hit Celebrating its 70th Anniversary this the ground running! year, it is based on a history unlike Please take an active role in the any other, and in the present day it week’s program. It is your questions distinguishes itself internationally for and comments that will help steer its exceptionally broad funding and the discussions to be helpful to you partnership network. We are proud specifically, and we look forward to of our program and we are so pleased lively and timely discussions with to welcome you to our community of you. Once again, welcome to Finland! Finland Fulbrighters. Lämpimästi tervetuloa Suomeen! The Fulbright year in Finland begins with an orientation week in Helsinki. The most important focus of the on- Terhi Mölsä site orientation is to plug you in to the Chief Executive Officer, important local networks and give you Fulbright Finland Foundation an opportunity to meet face-to-face @TerhiMolsa with our key partners and leaders in education and society.
    [Show full text]
  • Citycon Presentation
    APRIL 28TH, 2017 CITYCON PRESENTATION LIPPULAIVA – STUDEN IDEA & DESIGN COMPETITION BREEFING MEETING THIS IS CITYCON LEADING OWNER, MANAGER AND DEVELOPER OF SHOPPING CENTRES IN THE NORDICS AND BALTICS – 51 shopping centres1) – 200 million visitors p.a. – 13 managed/rented assets – Market cap. EUR 2 billion – GLA 1.2 million sq.m. – Credit ratings: Baa1 & BBB FINLAND PORTFOLIO VALUE Estonia and Denmark NORWAY SWEDEN 20 7% 2 Finland 9 Sweden1) 19 ESTONIA 27% 36 % 5 EUR billion DENMARK 1 Norway 30% 3 Key figures 31 March 2017 1) Including Kista Galleria Number of shopping centres TRUE PAN-NORDIC LEADER 340 140 125 95 90 FINLAND SPONDA ELO KEVA IDEAPARK 300 260 210 155 150 #1 SWEDEN ATRIUM UNIBAIL- OLAV THON STEEN &STROM LJUNGBERG RODAMCO 970 #2 #3 #2 340 205 140 95 NORWAY OLAV STEEN & STROM SALTO SCALA THON 145 100 80 ESTONIA ASTRI LINSTOW Retail GLA (thousand sq.m.) Source: Company reports, Pangea Property Partners analysis, as per April 2017 and Finnish Shopping Centres 2017. Includes only majority-owned 4 shopping centres. Includes some assumptions on retail proportion out of total GLA, where retail data not available. URBAN CROSSPOINTS DRIVEN BY STRONG DEMOGRAPHICS CORE ASSETS: –Urban environments, located where people live and work –Strong population growth and natural footfall –Integrated with public transportation –Shared access to education, health care, culture, municipal services 5 STRONG GROCERY-ANCHORING ‒ OVER 100 GROCERY STORES1) 2% 1% 9% 24% 9% Home and leisure Fashion Rental income Groceries Services and offices 269 Health and beauty 13% Cafés and restaurants MEUR Specialty stores Department stores 24% 18% As per 31 December 2016 6 1) Including Kista Galleria (50%) 90% OF CITYCON’S SHOPPING CENTRES ARE LOCATED IN CAPITAL OR MAIN CITIES ISO OMENA, KISTA GALLERIA, LILJEHOLMSTORGET KOSKIKESKUS, HERKULES, HELSINKI AREA STOCKHOLM2) GALLERIA, STOCKHOLM TAMPERE SKIEN GLA, sq.m.
    [Show full text]
  • HELSINKI Cushman & Wakefield Global Cities Retail Guide
    HELSINKI Cushman & Wakefield Global Cities Retail Guide Cushman & Wakefield | Helsinki | 2019 0 Helsinki is the capital of Finland and the largest and most important city in terms of commerce and trading. Helsinki is surrounded by Espoo, Vantaa and multiple other smaller cities, together they are usually referred to as the Helsinki Metropolitan Area (HMA). The population of HMA is about 1.5 million. Helsinki itself sets the tone to the Finnish economy and to all other Finnish markets. With broad avenues, grand architecture, well-tended parks and no high-rise buildings, Helsinki is a beautifully planned 19th Century city, but one that retains a small town feel. It is arguably closer in atmosphere and appearance to the major cities of Eastern Europe than those in the West, but it has the typically safe and clean reputation of a Scandinavian city. The main shopping areas in Helsinki CBD are located in high streets such as Pohjoisesplanadi, Mannerheimintie, Keskuskatu, Aleksanterinkatu, and Mikonkatu. There are also several large shopping centers located very centrally. Rental levels in these retail areas are the highest in Finland. Due to the weather conditions, shopping centers are very popular in Finland. HELSINKI OVERVIEW Cushman & Wakefield | Helsinki | 2019 1 HELSINKI KEY RETAIL STREETS & AREAS ESPLANADI AND MIKONKATUIn the very ALEKSANTERINKATU center of Helsinki, the Esplanadi area consists of two Aleksanterinkatu is one of the main retail streets in streets, Pohjoisesplanadi and Eteläesplanadi, northern Helsinki. Stretching from Mannerheimintie to Senate’s and southern side of the Esplandi. It has several coffee Square, the famous Stockmann department store is shops and a beautiful park which is always full of people located here along with other retailers such as Peak especially during summer.
    [Show full text]
  • Mediakortti Kauppakeskukset
    Yellowtab Mediakortti kauppakeskukset Yellowtab Yellowtab mediakortti - Parturikampaamot Yellowtab mainonta kauppakeskuksissa • 15 postinumeroaluetta PKS-alueella • 110 000 potentiaalista asiakasta • 7,6 miljoonaa mainostoistoa • Jopa yli 12.000 mainos klikkausta Yellowtab Yellowtab mediakortti - Parturikampaamot Jumbo 01510 Martinlaakso 01620 Malmi Kerava 00700 Myllypuro Sello 00920 02600 Columbus Ruskeasuo 00980 Entresse 00280 02770 REDI 00580 Nihtisilta Itis 02630 00930 Tripla 00520 Keskusta 00100 Iso Omena 02230 Yellowtab Yellowtab mediakortti - Kauppakeskukset Mainosbanneri • kuvan leveys 980 ja korkeus 120 pikseliä ja tiedoston maksimi koko 300kb. • Formaateiksi kelpaavat joko png tai jpg. • Tukee myös gif- animaatiota. Gif- animaation maksimi pituus on 5 sekuntia • Toimita url sekä kuva- aineiston mukana • Fyysinen koko on noin 20cmx2,5cm Yellowtab Kohderyhmä 00100 Helsingin Keskusta Bruttokontaktit kk • 6 150 (OTC) • Mainostoistot kontakteille 307 500 Keskimääräinen viipymä • Miehet 40 min • Naiset 90 min Forum on yksi Suomen • Lapset 30 min vetovoimaisimmista kauppakeskuksista. Koko korttelin kokoinen Forum tarjoaa laajan valikoiman liikkeitä, palveluita Asiakasprofiili sekä toimistotiloja. Väkiluku 18 427 Keskitulo: 42 k€ Stockmannin tavaratalossa on kaksitoista kerrosta, joista kolme Ostovoima: 10 k€ sijaitsee maanpinnan alapuolella. Stockmannin tavaratalo sijaitsee 47 53 Helsingin ydinkeskustan vilkkaimpien katujen risteyksessä, osoitteessa Yellowtab Aleksanterinkatu 52. Kohderyhmä 00280 Ruskeasuo HKI Bruttokontaktit kk • 1
    [Show full text]