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Citycon Annual Report 2007 Annual Report Citycon Business and Property Portfolio

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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 Risks and Risk Management ...................................................................................................39 Corporate Governance .................................................................................................................42 Citycon’s shopping centres in Finland Citycon’s shopping centres in Sweden Helsinki Metropolitan Area Other Areas in Finland Stockholm Area Columbus Espoontori Duo Forum Fruängen Centrum Jakobsbergs Centrum Helsinki, Vuosaari Espoo, Espoon keskus Tampere Jyväskylä Stockholm Järfälla Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 20,900 sq.m. leasable area 15,400 sq.m. leasable area 13,000 sq.m. leasable area 17,500 sq.m. leasable area 14,600 sq.m. leasable area 67,500 sq.m. Built in 1997. Built in 1987. Built in 1979. Built in 1953/1972/1980. Built in 1965. Built in 1959. Extended and/or renovated in 2007. Extended and/or renovated in 2007. Extended and/or renovated in 1991. Extended and/or renovated in 1993. Liljeholmstorget Åkersberga Centrum Heikintori Isomyyri Galleria IsoKarhu Stockholm Österråker Espoo, Tapiola Vantaa, Myyrmäki Oulu Pori Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 20,200 sq.m. leasable area 33,100 sq.m. leasable area 5,800 sq.m. leasable area 10,400 sq.m. leasable area 3,500 sq.m. leasable area 14,900 sq.m. Built in 1973. Built in 1985. Built in 1968. Built in 1987. Built in 1987. Built in 1972/2001. Extended and/or renovated in 1986. Extended and/or renovated in Extended and/or renovated in 2004. 1995/1996. Åkermyntan Centrum Tumba Centrum Iso Omena Lippulaiva IsoKristiina Jyväskeskus Hässelby Botkyrkan Espoo, Matinkylä Espoo, Espoonlahti Lappeenranta Jyväskylä Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 8,400 sq.m. leasable area 30,900 sq.m. leasable area 60,600 sq.m. leasable area 22,400 sq.m. leasable area 18,300 sq.m. leasable area 5,800 sq.m. Built in 1977. Built in 1952. Built in 2001. Built in 1993. Built in 1987/1993. Built in 1955. Extended and/or renovated in 2002. Extended and/or renovated in 2007. Extended and/or renovated in 1993. Gothenburg Area Umeå Myyrmanni Tikkuri Koskikara Koskikeskus Vantaa, Myyrmäki Vantaa, Tikkurila Valkeakoski Tampere Stenungs Torg Strömpilen Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Stenungsund Umeå leasable area 40,300 sq.m. leasable area 10,700 sq.m. leasable area 5,800 sq.m. leasable area 26,000 sq.m. Citycon’s gross Citycon’s gross Built in 1994. Built in 1984/1991. Built in 1993. Built in 1988. leasable area 37,600 sq.m. leasable area 27,000 sq.m. Extended and/or renovated in 2007. Extended and/or renovated in Built in 1967. Built in 1927. 1995/2007. Extended and/or renovated in 1993. Extended and/or renovated in 1997. Linjuri Sampokeskus Salo Rovaniemi Citycon’s gross Citycon’s gross leasable area 9,300 sq.m. leasable area 14,000 sq.m. Citycon’s shopping centres in the Baltic Countries Built in 1971-1975. Built in 1989/1990. Extended and/or renovated in 2007. Estonia Magistral Rocca al Mare Tallinn Tallinn Torikeskus Trio Citycon’s gross Citycon’s gross Lahti Seinäjoki leasable area 9,500 sq.m. leasable area 28,600 sq.m. Citycon’s gross Citycon’s gross Built in 2000. Built in 1998. leasable area 11,400 sq.m. leasable area 43,900 sq.m. Built in 1992. Built in 1987. Extended and/or renovated in 2007. Extended and/or renovated in 1992/2007/2008. Lithuania Tullintori Valtari Mandarinas Tampere Kouvola Vilnius Citycon’s gross Citycon’s gross Citycon’s gross leasable area 10,300 sq.m. leasable area 7,600 sq.m. leasable area 7,900 sq.m. Built in 1930. Built in 1994. Built in 2005. Extended and/or renovated in 1990. Extended and/or renovated in 2002. Citycon’s shopping centres in Finland Citycon’s shopping centres in Sweden Helsinki Metropolitan Area Other Areas in Finland Stockholm Area Columbus Espoontori Duo Forum Fruängen Centrum Jakobsbergs Centrum Helsinki, Vuosaari Espoo, Espoon keskus Tampere Jyväskylä Stockholm Järfälla Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 20,900 sq.m. leasable area 15,400 sq.m. leasable area 13,000 sq.m. leasable area 17,500 sq.m. leasable area 14,600 sq.m. leasable area 67,500 sq.m. Built in 1997. Built in 1987. Built in 1979. Built in 1953/1972/1980. Built in 1965. Built in 1959. Extended and/or renovated in 2007. Extended and/or renovated in 2007. Extended and/or renovated in 1991. Extended and/or renovated in 1993. Liljeholmstorget Åkersberga Centrum Heikintori Isomyyri Galleria IsoKarhu Stockholm Österråker Espoo, Tapiola Vantaa, Myyrmäki Oulu Pori Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 20,200 sq.m. leasable area 33,100 sq.m. leasable area 5,800 sq.m. leasable area 10,400 sq.m. leasable area 3,500 sq.m. leasable area 14,900 sq.m. Built in 1973. Built in 1985. Built in 1968. Built in 1987. Built in 1987. Built in 1972/2001. Extended and/or renovated in 1986. Extended and/or renovated in Extended and/or renovated in 2004. 1995/1996. Åkermyntan Centrum Tumba Centrum Iso Omena Lippulaiva IsoKristiina Jyväskeskus Hässelby Botkyrkan Espoo, Matinkylä Espoo, Espoonlahti Lappeenranta Jyväskylä Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross leasable area 8,400 sq.m. leasable area 30,900 sq.m. leasable area 60,600 sq.m. leasable area 22,400 sq.m. leasable area 18,300 sq.m. leasable area 5,800 sq.m. Built in 1977. Built in 1952. Built in 2001. Built in 1993. Built in 1987/1993. Built in 1955. Extended and/or renovated in 2002. Extended and/or renovated in 2007. Extended and/or renovated in 1993. Gothenburg Area Umeå Myyrmanni Tikkuri Koskikara Koskikeskus Vantaa, Myyrmäki Vantaa, Tikkurila Valkeakoski Tampere Stenungs Torg Strömpilen Citycon’s gross Citycon’s gross Citycon’s gross Citycon’s gross Stenungsund Umeå leasable area 40,300 sq.m. leasable area 10,700 sq.m. leasable area 5,800 sq.m. leasable area 26,000 sq.m. Citycon’s gross Citycon’s gross Built in 1994. Built in 1984/1991. Built in 1993. Built in 1988. leasable area 37,600 sq.m. leasable area 27,000 sq.m. Extended and/or renovated in 2007. Extended and/or renovated in Built in 1967. Built in 1927. 1995/2007. Extended and/or renovated in 1993. Extended and/or renovated in 1997. Linjuri Sampokeskus Salo Rovaniemi Citycon’s gross Citycon’s gross leasable area 9,300 sq.m. leasable area 14,000 sq.m. Citycon’s shopping centres in the Baltic Countries Built in 1971-1975. Built in 1989/1990. Extended and/or renovated in 2007. Estonia Magistral Rocca al Mare Tallinn Tallinn Torikeskus Trio Citycon’s gross Citycon’s gross Lahti Seinäjoki leasable area 9,500 sq.m. leasable area 28,600 sq.m. Citycon’s gross Citycon’s gross Built in 2000. Built in 1998. leasable area 11,400 sq.m. leasable area 43,900 sq.m. Built in 1992. Built in 1987. Extended and/or renovated in 2007. Extended and/or renovated in 1992/2007/2008. Lithuania Tullintori Valtari Mandarinas Tampere Kouvola Vilnius Citycon’s gross Citycon’s gross Citycon’s gross leasable area 10,300 sq.m. leasable area 7,600 sq.m. leasable area 7,900 sq.m. Built in 1930. Built in 1994. Built in 2005. Extended and/or renovated in 1990. Extended and/or renovated in 2002. 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
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