Kalasatama CentreHelsinki, Finland /Jyrki Maalahti SRV Rakennus Oy

February 2015

SRV in Brief

• Offers comprehensive solutions for the builtenvironment

• Fifth biggest construction company in Finland• Well-known as bold and successful developer

of large-scale demanding projects likeKamppi Centre, Helsinki Music Centre,Viru Keskus

• Responsible service provider• Experienced business concept developer• 25 years experience in Finland, Russia and

the Baltic countries• Listed on the Helsinki Stock Exchange in 2007• Open cooperation and transparent business

Operating profitEUR 14.1 million

Order backlogEUR 810.8 million

RevenueEUR 672.2 million

Personnel933

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Helsinki – the capital• Population of Helsinki metropolitan area

(Helsinki, Vantaa, Espoo, Kauniainen) is1 056 631 (1.1.2012)- 19.5% of Finnish population

• Total population of surrounding Helsinkiregion is 1.3 million

• Helsinki is the economic centre of Finland:- Helsinki region accounts for 36 % of national GDP- GDP per capita 160.3 (PPS, EU27=100)

• Millions of tourists- over 3.3 million bed nights in 2011 (+5.5%)

› 53.5% leisure, 44.8% business travellers

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Kalasatama – a new seaside district

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• The centralisation of Helsinki’s harbour operations to Vuosaari in the last decade has ledto substantial changes in Kalasatama (former Sörnäinen harbour area).

• A completely new seaside district for around 20,000 residents will be built at Kalasatama– next to the existing residential and business area in Helsinki. At the same time, around8,000 new jobs and a wide range of services will be created in the area

• Kalasatama will cover around 175 hectares and the area will be encircled by 6 km seapromenade

Kalasatama district

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Kalasatama Centre

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Kalasatama Centre

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• In spring 2011, SRV won the City of Helsinki’s design competition for the implementation ofKalasatama Centre. The contract was signed and construction works began in August 2011

• Kalasatama Centre will become the heart of the Helsinki Eastern inner city’s services – its operationaland commercial town centre

• Kalasatama and its neighbouring areas form a rapidly growing district between Helsinki city centreand Eastern Helsinki, to which there are good transport links (metro, bus, tram, private cars,pedestrian traffic)

• The projects will be completed in stages between 2017 -2022

• The centre will consist of commercial premises aboveand below ground level as well as eight tower blockscomprising the following separate projects with theirapproximate floor areas:

– REDI-Shopping centre c. 64,000 sq m– Cinema 3,400 sq m– Offices 15,000 sq m– Hotel 10,500 sq m– Residential 106,000 sq m, up to 137 meters– Parking hall 1,700 parking spaces– Health care centre 17,000 sq m

Total up to 200,000 sq m (health care notincluded)

Aerial photograph 2013

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Aerial photograph 1943

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Kalasatama Center

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Overview

• Develop, Design, Construct and Sell(exit)• Primary target –> To develop a Commercial and Residential Centre for the

eastern down town of Helsinki• Homes, services, jobs, health care and culture all concentrated in one place• Part of a larger district construction project called Kalasatama district which

is run by the City• Housing for 2000 and jobs for 800 people (10 % of total overall volume of

housing and jobs in Kalasatama district)

Completion• Construction stage began in September 2011• 60 % of the excavation and blasting work, underground waste station and

Metro bridge completed• Health care center, public premises, shopping center,

infrastructure and first apartments in 2018• The rest (towers, parks etc..) step by step by 2022

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Key figures• Gross floor area 200 000 sq m

• The whole complex is occupying four city blocks, circa 4 hectares of land

• 8 towers, 22 – 37 stores, highest tower reaches 135 m above the sea level

• 6 residential towers

• 1 hotel tower

• 1 office tower

• Retail and entertainment center (REDI)

• Municipal health care center -> next to the Kalasatama Center 17 000 sq m

• Parking lots for 1800 cars and 3000 bicycles

• Mixing uses vertically and horizontally (extra attention required on circulation

planning)

• Total capital value over 1 billion Euros

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Location and accessibility

• 6 minutes toHelsinki citycenter bymetro

• Comprehensivetransportconnections(bicycle andpedestrianlanes, metro,tram, bussesand private car)

• At the moment60 000 peopleliving in awalkingdistance (2 kmradius)

Kalasatama Centre - Construction schedule

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• The first stage consists of infrastructure works which has already been started

• REDI will open in two stages 2018 together with parking and healthcare center

• Residential towers will be completed in stages during 2018-2022

Towers will be completed in stages

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1. Stage 04 – 07 / 2018 2. Stage 10 / 2018 3. Stage 01 / 2019

4. Stage 03 / 2020 5. Stage 12 / 2020 6. Stage 06 / 2021

7. Stage 10 / 2021

3 dimensional ownership contracts

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• Underground vacuum waste collection station serving the wholeKalasatama district

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Waste management and recycling

Structure of the Centre• Load bearing concrete walls• In situ casted concrete slabs• In situ casted concrete core• Curtain wall facades

• Pre-casted concrete elements• Columns• Beams• Slabs

West – East Cross-section

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North-South Cross-section

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Street-Shopping center Cross-section

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Waste collection center

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Green deck

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Apartment inside view

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www.kalasatamankeskus.fi/homepagewww.srv.fi