Major transactions updated 9/3/2017 Index page Major portfolio transactions, located in several cities Major transactions, Helsinki Major transactions, Espoo Major transactions, Vantaa Major transactions, other areas in Helsinki region Major transactions, Tampere and Turku regions Major transactions, Jyväskylä, Lahti, Kuopio and Oulu regions Examples of major transactions in other cities 1-2 3 4 5 5 6 7 8 This list comprises the largest recently published transactions in the Finnish property market. More detailed information and analyses on property transactions in Finland can be obtained in the KTI Transactions information service. The service includes information on approximately 1,800 transactions since 2001. For more information, please contact: Kauri Melakari (kauri.melakari(a)kti.fi, +358 50 338 5068) or Mikko Soutamo (mikko.soutamo(a)kti.fi, +358 50 548 0480). KTI Property Information Ltd
Major portfolio transactions, located in several cities, 2016Q2-2017Q1 updated 9/3/2017 Property Company / Portfolio Type of use Time Location Portfolio of 25 retail parks in Germany, France, Poland, Sweden, Finland, Denmark, the Czech Republic and Switzerland retail Q1 / 2017 n/a European Retail Parks SCSp (managed by Pradera) IKEA Centres Six retail properties retail Q1 / 2017 many 34 Sirius Fund II Trevian Retail I KY Trevian Retail II KY Five retail properties retail Q4 / 2016 many Sirius Fund II AKR Tuotto II (managed by Auratum Kiinteistöt) Omega portfolio (22 properties) office, industrial, retail Q4 / 2016 many 109 000 15 office properties office Q4 / 2016 many 124 000 130 1344 rental apartments residential Q4 / 2016 many 11 care properties care Q4 / 2016 many 65 Two care properties care Q4 / 2016 113 rental apartments residential Q4 / 2016 Espoo, Tampere Espoo, Vantaa, Tampere Valad Europe Goldman Sachs European Property Investors Special Opportunities 4 fund (EPISO 4, managed by Tristan Capital Partners) Avant Capital Partners Property company managed by Avant Capital Partners Fund managed by AXA Investment Managers Real Assets 4 570 13 Hemsö Fastighets AB YIT Oyj SATO Oyj n/a Varma Mutual Pension Insurance Company VVO-yhtymä Oyj Trevian Care II Ky Fund managed by PATRIZIA Immobilien AG 294 rental apartments residential Q4 / 2016 Oulu, Jyväskylä, Pirkkala KAS-konserni SATO Oyj 29 industrial properties industrial Q4 / 2016 many 103 000 CTV Properties AB n/a Two residential properties (110 rental residential Q4 / 2016 Vantaa, Järvenpää 20 Erikoisijoitusrahasto OP-Vuokratuotto YIT Oyj 2000 rental apartments residential Q4 / 2016 many 110 000 Avant Capital Partners, Unnamed U.S. investor n/a 1800 rental apartments residential Q4 / 2016 many Elo Mutual Pension Insurance YH Kodit Oy 18 retail properties retail Q4 / 2016 many 87 000 n/a Mount Street Loan Solutions LLP Three retail properties retail Q4 / 2016 Espoo, Vantaa, Oulu 16 300 Nordea Life Assurance Finland Ltd LocalTapiola Mutual Life Insurance Company Two logistics properties logistics Q4 / 2016 Seinäjoki, Lappeenranta Private investors Posti Kiinteistöt Oy 12 commercial properties retail, office, industrial Q3 / 2016 many 64 000 Fund managed by M7 Real Estate REFF I Ky (managed by OP Kiinteistösijoitus Oy) 12 day care properties care Q3 / 2016 many 22 Pioneer Property Group ASA Trevian Care II Ky KTI Property Information Ltd 1
Major portfolio transactions, located in several cities, 2016Q2-2017Q1 updated 9/3/2017 Property Company / Portfolio Type of use Time Location Three care properties (150 rooms) care Q3 / 2016 Nurmijärvi, Pälkäne, Lohja 6 500 20 Hemsö Fastighets AB n/a Three logistics properties logistics Q3 / 2016 Hämeenlinna, Akaa 50 000 Nordic Strategies Fund II (managed by NREP) Ahlström Kiinteistöt Oy Nine retail properties retail Q3 / 2016 many 50 000 60 Affiliate of Sirius Capital Partners Private investors Over 600 rental apartments residential Q3 / 2016 Espoo, Helsinki, Jyväskylä ~ 24 000 Nordic Strategies Fund II (managed by NREP) SSR Uusimaa Oy, Pohjola Rakennus Oy Keski- ja Itä-Suomi, JM Suomi Oy 12 industrial properties industrial Q3 / 2016 many 154 000 68 AB Sagax n/a 2 274 rental apartments residential Q3 / 2016 many VVO-yhtymä Oyj Shareholders of ICECAPITAL Housing Fund II 8 571 subsidized rental apartments residential Q1-Q2 / 2016 Three retail properties retail Q2 / 2016 Five retail properties retail Q2 / 2016 Four retail properties retail Q2 / 2016 many Tampere, Turku, Kotka Espoo, Helsinki, Kaarina, Kangasala Jyväskylä, Jämsä 536 (based on the decision made by ARA) Y-Säätiö VVO-yhtymä Oyj 44 000 49,5 Trophi Fastighets AB AB Sagax 46 800 74 Erikoissijoitusrahasto eq Liikekiinteistöt Citycon Oyj 24 500 Business Network Oy City Kauppapaikat Oy 1015 rental apartments residential Q2 / 2016 many ~ 57 000 SATO Oyj Suomen Laatuasunnot Oy 186 retail properties retail Q2 / 2016 many 156 000 90 AB Sagax n/a 356 rental apartments residential Q2 / 2016 HMA 18 781 80 Bayerische Versorgungskammer Tapiola KR IV SVK Yhtymä Oy (1255 rental residential Q2 / 2016 many SATO Oyj Shareholders of SVK Yhtymä Oy KTI Property Information Ltd 2
Major transactions, 2016Q2-2017Q1, Helsinki updated 9/3/2017 Office property (Atomitie 5) retail Q1 / 2017 Helsinki 26 000 AREIM Fund III Genesta Nordic Baltic Real Estate Fund I (GNBRE) Shopping centre Kamppi (50 %) retail Q1 / 2017 Helsinki > 250 European Cities Fund (managed by TH Real Estate) Barings Real Estate Advisers (BREA) Two residential properties (Herttoniemen Petteri & Puotilan Klaavuntorni; 135 rental residential Q1 / 2017 Helsinki 6 000 Lease Deal Oyj ST Capital Oy Nuorisosäätiö Two office properties (Korkeavuorenkatu 30 and majority share of Erottajankatu 9-11) office Q1 / 2017 Helsinki AP Nordic Investment I (managed by Aberdeen Asset Management) Finnish Cultural Foundation Office property (Hämeentie 11) office Q1 / 2017 Helsinki 11 200 Genesta Nordic Real Estate II (GNRE II) Fund owned by JP Morgan Asset Management Aitio Business Park (Vivaldi & Verdi office properties) Office and educational property (Arkadiankatu 28) office Q1 / 2017 Helsinki 11 000 45 Erikoissijoitusrahasto OP-Vuokratuotto NCC office, other Q4 / 2016 Helsinki n/a Merikortteli office block other Q4 / 2016 Helsinki 27 700 100 Antilooppi Ky CBRE Global Investors The Foundation for Business students in Aalto University (KY Foundation) House of Arts (Kaikukatu 4) other Q4 / 2016 Helsinki 19 n/a Helsingin Yliopistokiinteistöt Oy Office and laboratory property (Topeliuksenkatu 41 b) Office property (Rikhardinkatu 2 / Kasarmikatu 42) office, other Q4 / 2016 Helsinki 12 000 39,1 Erikoisijoitusrahasto OP-Vuokratuotto, REFF III Ky (managed by OP Kiinteistösijoitus Oy) Senaatti-kiinteistöt office Q4 / 2016 Helsinki 11 Spoleto Oy (managed by Auratum Kiinteistöt Oy) Senaatti-kiinteistöt KOy Kasarmikatu 25 office Q3 / 2016 Helsinki 5 400 Unnamed German pension fund (managed by Barings Real Estate Advisers) Fund managed by Catella Real Estate AG Office property (Lintulahdenkuja 10) office Q3 / 2016 Helsinki 11 000 Antilooppi Ky Commerz Real hausinvest Three office properties office Q3 / 2016 Helsinki 40 000 Nordic Strategies Fund II (managed by NREP) Aberdeen Real Estate Fund Finland (AREFF) Office property (Itämerenkatu 5) office Q3 / 2016 Helsinki 9 000 Fund managed by PATRIZIA Immobilien AG Fennia Life Insurance Company Office property (former headquarter of Kesko Oyj) office Q3 / 2016 Helsinki 26 000 Varma Mutual Pension Insurance Company Kesko Oyj Headquarter of Tieto Oyj office Q3 / 2016 Helsinki 22 600 Veritas Pension Insurance DEGI Europa (managed by Aberdeen Asset Management) Office property (Sturenkatu 21) office Q3 / 2016 Helsinki 8 398 21 Erikoissijoitusrahasto eq Liikekiinteistöt Warburg-HIH Invest (managed by TH Real Estate) Office property (former headquarter of Metso Oy) Five residential properties (164 rental office Q3 / 2016 Helsinki 8 000 19,6 Genesta Nordic Real Estate II (GNRE II) Metso Oy residential Q2 / 2016 Helsinki SATO Oyj Aalto University Student Union, The Student Union of the University of Helsinki, Hämäläis-Osakunta Student Nation KOy Ilmalan Asema office Q2 / 2016 Helsinki 11 600 50 HANSAINVEST Hanseatische Investment-GmbH Rakennusosakeyhtiö Hartela Hotel St. George Helsinki (153 rooms) As Oy Vanhalinna (over 300 rental hotel Q2 / 2016 Helsinki Deka Immobilien Investment GmbH CapMan Nordic Real Estate residential Q2 / 2016 Helsinki 21 000 Nordea Life Assurance Finland Ltd KTI Property Information Ltd 3 LocalTapiola General Mutual Insurance Company LocalTapiola Mutual Life Insurance Company
Major transactions, 2016Q2-2017Q1, Espoo updated 9/3/2017 Shopping centre Liila retail Q1 / 2017 Espoo 23 600 Erikoissijoitusrahasto eq Liikekiinteistöt Genesta Nordic Baltic Real Estate Fund I (GNBRE) Office property (Tietotie 6) office Q1 / 2017 Espoo 23 000 Regenero (HGR Property Partners Oy & YIT Oyj) W. P. Carey Inc. Residential property (126 rental residential Q4 / 2016 Espoo ICECAPITAL Housing Fund IV Ky Bonava Oy Quartetto Basso office Q4 / 2016 Espoo 4 900 Erikoissijoitusrahasto Fennica Toimitilat I Finnish Cultural Foundation New headquarter of Ramboll Finland Oy office Q4 / 2016 Espoo 19 000 Keva Rakennusosakeyhtiö Hartela Life Science Center Keilaniemi office Q4 / 2016 Espoo 32 000 NIAM Commerz Real Investmentgesellschaft MBH Quartetto Fuuga office Q4 / 2016 Espoo 7 200 Antilooppi Ky Two office properties office Q4 / 2016 Espoo 40 000 42 Hemfosa Finland Oy Shopping centre Iso Omena (part of extension, phase I) Two office and industrial properties As Oy Espoon Moodi (98 rental Service centre (116 care rooms and 53 rental The Church Pension Fund, The Parish Union of Helsinki LocalTapiola Mutual Life Insurance Company Elo Mutual Pension Insurance retail Q3 / 2016 Espoo 80 Citycon Oyj NCC Property Development office, industrial, other Q3 / 2016 Espoo 31 000 Julius Tallberg-Kiinteistöt Oyj Coriant Oy residential Q2 / 2016 Espoo Elo Mutual Pension Insurance Skanska Talonrakennus Oy care, residential Q2 / 2016 Espoo 7 400 30 Hemsö Fastighets AB Rakennusliike Lapti Oy KTI Property Information Ltd 4
Major transactions, 2016Q2-2017Q1, Vantaa Aviabulevardi I office Q1 / 2017 Vantaa 9 000 36 Niam Skanska Commercial Development Finland Oy Logistics property (Wihuri Oy Aarnio) logistics Q1 / 2017 Vantaa 25 000 35 Aberdeen European Balanced Property Fund YIT Oyj Residential property (91 rental Office property Piano (Gate8 Business Park) residential Q4 / 2016 Vantaa ICECAPITAL Housing Fund IV Ky Bonava Oy office Q4 / 2016 Vantaa 5 900 Nordic Strategies Fund II (managed by NREP) Aberdeen Property Nordic Fund I Auto Airport retail, office, other Q3 / 2016 Vantaa 17 800 Erikoissijoitusrahasto OP-Vuokratuotto Nordic Retail Fund (managed by Savills Investment Management) As Oy Vantaan Tellervo (103 rental residential, retail Q2 / 2016 Vantaa 4 800 Varma Mutual Pension Insurance Company Skanska Oy Major transactions, 2016Q2-2017Q1, other areas in Helsinki region Aleksintori block (shopping centre Karuselli, 140 rental apartments, parking centre) As Oy Keravan Solina (89 rental retail, residential Q4 / 2016 Kerava 50 Etera Mutual Pension Insurance Company SRV Yhtiöt Oyj residential Q4 / 2016 Kerava Elo Mutual Pension Insurance Skanska Oy Hotel Rantasipi Sveitsi hotel Q3 / 2016 Hyvinkää Sveitsi Kiinteistörahasto Ky CapMan Hotels RE Ky As Oy Keravan Kokonkulma (55 rental residential Q2 / 2016 Kerava FIM Asuntotuotto Erikoissijoitusrahasto Skanska Oy KTI Property Information Ltd 5
Major transactions, 2016Q2-2017Q1, Tampere region updated 9/3/2017 Retail property retail Q1 / 2017 Lempäälä 5 700 VVT Property Fund I Ky As Oy Tampereen Ratinan Arvo (44 rental apartments & 4 office and retail premises) As Oy Tampereen Tuiskunkatu 2 (97 rental residential, office, retail Rakennusliike Koivukoski Oy (Lehto Group Oyj) UM Kiinteistöt Oy Q1 / 2017 Tampere Erikoissijoitusrahasto OP-Vuokratuotto Pohjola Rakennus Oy Häme residential Q4 / 2016 Tampere Avara Asuinkiinteistörahasto I Ky Skanska Oy Finnmedi campus care, office Q4 / 2016 Tampere 14 200 Office and industrial property (Patamäenkatu 7) office, industrial Erikoissijoitusrahasto eq Hoivakiinteistöt, Erikoissijoitusrahasto eq Liikekiinteistöt Technopolis Oyj Q4 / 2016 Tampere 18 500 14,5 Alma Media Oyj DNB Bank ASA Retail centre Elovainio retail Q2 / 2016 Ylöjärvi 6 000 Erikoissijoitusrahasto eq Liikekiinteistöt Lemminkäinen Oyj Major transactions, 2016Q2-2017Q1, Turku region Eskelin Pysäköintilaitos Oy office Q4 / 2016 Turku 6 863 16 Hemfosa Finland Oy Turun Teknologiakiinteistöt Oy Retail property Centrum retail Q4 / 2016 Turku 9 280 Nordea Henkivakuutus Suomi Oy CapMan RE II Ky Four residential properties (200 rental As Oy Turun Ruusupuisto (84 rental As Oy Turun Puulinna (94 rental residential Q4 / 2016 Turku 27,1 FinCap Fund I Ky-asuntorahasto NCC residential, retail Q3 / 2016 Turku 5 135 Erikoissijoitusrahasto OP-Vuokratuotto Hartela Oy residential Q3 / 2016 Turku 16,5 Erikoissijoitusrahasto OP-Vuokratuotto NCC Retail property (Biolinja 20) retail Q2 / 2016 Turku 8 700 Erikoissijoitusrahasto Fennica Toimitilat I Nereis Business Garden office Q2 / 2016 Turku 7 500 Private investor Peab Oy Virtanen yhtiöt, Rakennustoimisto Lundén KOy PharmaCity office Q2 / 2016 Turku 17 758 31,7 Turun Teknologiakiinteistöt Oy Varma Mutual Pension Insurance Company Retail property (XXL Skanssi) retail Q2 / 2016 Turku 4 000 Aktia Henkivakuutus Oy, VR Eläkesäätiö, Rautuki foundation Etera Mutual Pension Insurance Company High Tech Centre III office Q2 / 2016 Turku 3 516 12 Turun Teknologiakiinteistöt Oy Lundén-Kiinteistöt Oy KTI Property Information Ltd 6
Major transactions, 2016Q2-2017Q1, Jyväskylä region updated 9/3/2017 As Oy Jyväskylän Paperitehtaankatu 16 residential Q4 / 2016 Jyväskylä 1 802 Erikoissijoitusrahasto OP-Vuokratuotto YIT Rakennus Oy Major transactions, 2016Q2-2017Q1, Lahti region Retail property (Paussi 1) retail Q1 / 2017 Lahti 5 667 Aberdeen Property Fund Finland I Ky (APFF) Salpausselän Rakentajat Oy 114 rental apartments residential Q4 / 2016 Lahti Private investor Mandatum Life Insurance Company KOy Lahden Konserttitalo Oy other Q4 / 2016 Lahti Yleisradio pension foundation Lahden Konsertti Holding Oy Logistics property Pennala 2 logistics Q3 / 2016 Orimattila 74 000 51 RBS Nordisk Renting Posti Kiinteistöt Oy As Oy Lahden Malskin Kuohu and part of As Oy Lahden Malskin Tammi (48 rental residential Q2 / 2016 Lahti Erikoissijoitusrahasto OP-Vuokratuotto Skanska Oy Major transactions, 2016Q2-2017Q1, Kuopio region Three office properties office, retail, industrial Major transactions, 2016Q2-2017Q1, Oulu region KOy Oulun Uusikatu 72 (81 rental Q2 / 2016 Kuopio 25 000 Royal House Oy Ilmarinen Mutual Pension Insurance Company residential Q3 / 2016 Oulu 5 000 Shopping centre Ideapark Oulu retail Q3 / 2016 Oulu 30 000 Office property (headquarter of Talenom Oyj) LocalTapiola North LocalTapiola General Mutual Insurance Company Alma Property Partners I AB, Avant Capital Partners office Q2 / 2016 Oulu 7 000 Erikoissijoitusrahasto OP-Vuokratuotto n/a KTI Property Information Ltd 7 NCC Sukari Group
Major transactions, 2016Q2-2017Q1, other cities updated 9/3/2017 Care property Equity care Q1 / 2017 Luoto 2 440 City of Luoto Rönnliden Invest Industrial property industrial Q4 / 2016 Hämeenlinna Erikoissijoitusrahasto eq Liikekiinteistöt n/a WasaGroup Fund II Care property Komiakulma care, residential Q4 / 2016 Seinäjoki 13 Nordic Aged Care fund (managed by Northern Horizon Capital) YIT Oyj Skinnarila campus office Q4 / 2016 Lappeenranta 24 100 Kampus Skinnarila Oy Technopolis Oyj University property Academill other Q4 / 2016 Vaasa 18 500 35,5 Hemsö Fastighets AB Åbo Academi, Harry Schauman foundation Retail property (Raatekankaantie 4) retail Q4 / 2016 Joensuu 24 000 Joensuun Kauppa ja Kone Oy (Kakkonen-Yhtiöt Oy) Schaumann Retail Finland 2 Oy As Oy Rovaniemen Puistola (59 rental residential Q3 / 2016 Rovaniemi 2 189 Erikoissijoitusrahasto OP-Vuokratuotto YIT Rakennus Oy Retail property (Vaasan Tammipiha) retail Q2 / 2016 Vaasa 10 000 Fund owned by Samla Capital Oy Harry Schauman Foundation Two residential properties (84 rental residential Q2 / 2016 Hämeenlinna 2 400 Pohjola Asuntorahasto I Ky Lujatalo Oy Retail property (KOy Vaasan Portti) retail Q2 / 2016 Vaasa 10 200 Waasa Kiinteistöt Oy NIAM KTI Property Information Ltd 8