CONFIDENTIAL TEASER AUGUST 2020

1 THE OBJECT OF SALE A UNIQUE RE-DEVELOPMENT

OPPORTUNITY FOR SALE IN Kaisaniemen Tervasaari puisto Liisanpuistikko

The object of sale is a historical property owned by Senate-properties located in CENTRAL Kruununhaka, Helsinki. The property consists of 7.319 sqm plot with two historical RAILWAY buildings (together named ”Uudenmaan Kasarmi”, former military barracks buldings), with one located on Maurinkatu street (floor area 4.306 sqm) and the other one located STATION on Liisankatu street (floor area 3.669 sqm ). The object of sale also includes a new Elielinaukio Helsingin yliopisto Säätytalon residental building right in the courtyard of the property (app. 3.000 building-sqm). In Rautatientori puisto addition, under certain conditions there is an option to make an offer for an additional Rautatientori residential building right (app. 2.000 building-sqm) owned by Kruunuasunnot Oy, which is located on the same block. The last user of the existing buildings was the Military Museum, whose operations have been moved from the location. Senaatintori

The block is under city plan change process. Its objective is to enable new use in the former military barracks buildings and on the unbuilt part of the plot. The existing builidings will be listed based on historical values with separately specified details. Currently the proposed use of the buildings is to be changed from general use to commercial and office use.

INVESTMENT HIGHLIGHTS

Address Maurinkatu 1 A & Liisankatu 1, 00170 Helsinki

The Object • Plot reg.nro 91-1-20-9, 7.319 sqm of Sale • Building on Maurinkatu: floor area 4.306 sqm + unbuilt attic area. Proposed use in the future city plan: commercial and office block area • Building on Liisankatu: floor area 3.669 sqm + unbuilt attiic area. Proposed use in the future city plan: commercial and office block area • New residental building right, app. 3.000 building-sqm Residental In the future city plan, the new residental building right (app 2.000 building building-sqm) on the same block, plot 91-1-20-15 1. MAURINKATU STREET BUILDING right option 2. LIISANKATU STREET BUILDING Note According to new city plan, the owner of the property is most likely 3. RESIDENTIAL BUILDING RIGHT obligated to build a kindergarten (app. 600 sqm) on the property (3.000 BUILDING-SQM) 4. ADDITIONAL RESIDENTIAL BUILDING RIGHT (2.000 BUILDING-SQM) SALES PROCESS & ADDITIONAL INFORMATION

SALES PROCESS AND INDICATIVE TIMELINE DELIVERY OF OFFERS

The object of sale is the ”Uudenmaan kasarmi” –property owned by Senate Properties: plot Indicative offers will need to be submitted on 5.10.2020 by 15:00 via email to the (reg.no 91-1-20-9) and buidings on it. There are two existing buildings on the plot, one on address [email protected], with the subject of the email being ”Uudenmaan Maurinkatu and the other one on Liisankatu. The property also includes a new residential kasarmi offer”. building right on the courtyard (app. 3.000 building-sqm). Address of the property: Maurinkatu 1 / Liisankatu 1, 00170 Helsinki. The offer must include: 1. the purchase price (debt free), if the offer includes the residential building The object of sale will be sold based on offers received, preferably as one entity. The offers rights, the prices are required to be presented separately. can be made of 2. preliminary view on re-developming the block and the intended use 1. the whole object of sale 3. description of financing (equity and debt, source of finance, possible clause 2. the existing buildings together or 3. the new 3.000 building-sqm residential building right related to financing) 4. the schedule and extent of the DD-process Residential building right option (2.000 building-sqm). If the offer is being made of alternatives 5. other key terms, assumptions and/or conditions 1. or 3., it is possible to make an offer also of the residential building right owned by 6. sufficient information about the bidder for identification and verifycation Kruunuasunnot Oy, which is located on plot reg.no 91-1-20-15. The prices of the residential (description of the bidder and ownership background). building rights needs to be presented separately. 7. clauses related to the residential building right (alternatives 1. and 3.) • Senate properties have, together in cooperation with the city of Helsinki and Kruunuasunnot Oy, drafted a reference plan (in Finnish: SALES BROCHURE & INDICATIVE EXCLUSIVITY AGREEMENT OF SALE viitesuunnitelma) to the block on how to place the two residential DATAROOM OFFERS & DD-PROCESS / SIGNING THE SPA building rights. The reference plan was made by Anttinen & Oiva arkkitehdit • Each bidder is expected to familiarize with the reference plan and take AUGUST SEPTEMBER OCTOBER NOVEMBER into account its key conditions when making an offer 8. clauses related to the project agreement (in Finnish: hankesopimus): • Senate properties and Kruunuasunnot Oy have signed a project FINAL agreement related to the development of the block. The project OFFERS agreement will become binding on the buyer, where applicable, upon the transaction of the object of sale • Each bidder is expected to familiarize with the project agreement and take into account its key conditions when making an offer

3 SALES PROCESS & ADDITIONAL INFORMATION

SITE-VISITS AND CONTACT INFO ADDITIONAL INFORMATION

Site visits will be arranged for interested parties. All contacts regarding the object of sale should be The sales brochure and other additional information are available in the data made through Newsec. room. Link to the data room will be provided upon request, requests to be sent via email to [email protected]. The sales process is organized by Newsec, contact details: PERMISSION TO ACQUIRE THE OBJECT OF SALE

If the law ”Act on Transfers of Real Estate Requiring Special Permission” section 1 MATTI AHRELMA THOMAS VANE-TEMPEST (in Finnish: Laki eräiden kiinteistönhankintojen luvanvaraisuudesta § 1 mukainen +358 400 320 999 +358 44 772 7239 soveltamisala) applies to the buyer or buyers, the buyer or buyers are required to [email protected] [email protected] acquire the permission defined in the law. If the permission is not granted, the seller is not liable for any resulting harm.

OTHER

The seller reserves the right to accept and refuse any bids and/or request TUTTA MÄKINEN clarifications for the bids received. The agreement of sale, sale and purchase +358 50 516 0838 agreement or a sale and purchase agreement with a possible zoning clause will be [email protected] signed by the end of year 2020.

The drafts of the agreement of sale and the sale and purchase agreement are available in the data room.

Newsec Advisory Oy (and their joint agents if appointed) for themselves and for vendors or lessors of these properties whose agents they are, give notice that: The Particulars are produced in good faith, are set out as a general guide only and do not constitute any part of a contract. No person in the employment of the agent(s) has any authority to make or give any representation of warranty whatever in relation to these properties or assets. These properties and assets are offered subject to contract and, unless otherwise stated all rents are quoted exclusive of VAT. Nothing in these particulars should be deemed to be a statement that the properties or assets are in good condition or that any services or facilities are in working order. Unless otherwise stated, no investigations have been made regarding pollution or potential land, air or water contamination. Interested parties are advised to carry out their own investigation if required. The information presented in this brochure is based solely on the information provided to us by the client and/or received from public sources.

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