Real Estate Annual Finland 2014

NORDICUM Real Estate Annual Finland 2014 interviewed head of Guggenheim Richard Armstrong to find out what is it that makes Helsinki so irresistible in his eyes. We also take an in-depth look at the forces changing the cityscape as we know it – from walkability issues to cultural competence, NORDICUM delivers the goods on the development of urban environments. In addition, we bring you the ‘hot list’: the most interesting high-profile real development projects around Finland.

2 Editorial
6 Richard Armstrong wants to build a new Guggenheim museum in Helsinki
12 Culture drives cities, cities push culture
14 The Finnish Travel & Tourism sector is poised for a major breakthrough
15 THE ANGLE by Deputy Mayor of the City of Helsinki, Hannu Penttilä
16 Metsähallitus embarks on its most ambitious real estate development project yet
18 New urban revolution is cooking in the fringe areas
20 Metro Magic
25 Under Construction
26 Tapiola, Otaniemi and Keilaniemi join forces to create the most innovative trio
29 Aalto University is building a true heart for its historic main campus
30 Green-edge communities rising in Espoo
31 Helsinki seeks to reinvent the waterfront – and beyond
36 YIT sets out to create a true superhub in Pasila
38 Skanska’s new workplace concept cuts down on square metres and boosts productivity
40 THE ANGLE by CEO of YIT, Kari Kauniskangas
42 Shopping centres fight back
45 THE ANGLE by Director, Real Estate Transactions and Investors of SRV Group, Markus Laine
46 Kalasatama’s very own shopping centre is big on connectivity
49 THE ANGLE by Managing Director of NCC Property Development Oy, Tero Estovirta
50 Shopping centre Ainoa is the latest piece of the puzzle in the reinvention of the legendary Tapiola Centre
52 New Growth Corridor strategy takes Turku to another level
56 Fresh real estate development opportunities emerging in Lahti
58 Tampere ups the ante with downtown renaissance, high-rise construction and green-edge solutions
60 From pedestrian zones to intermodality, face of transportation keeps changing
61 Wanted: Slow City
63 THE ANGLE by Deputy Mayor of the City of Espoo, Olavi Louko
64 Aulanko looks into the future
66 Real estate investors are – slowly but surely – coming around to take some risks
68 Union Investment Real Estate perceives plenty of potential in Finland
69 Great deal to close the year
70 Company Business Cards