The Finnish Property Market 2012 - KTI

The Finnish Association of Building Owners
and Construction Clients is an interest group
and trade association representing the most
prominent real estate, residential building
and infrastructure owners, investors and management service
providers in Finland. The members represent both the private
and the public sector, and member organisations number
around 220 in total. The association brings together property
and construction professionals.
RAKLI’s activities are divided into three branches and
three committees. The branches are Residential Properties,
Commercial and Public Properties, and Infrastructure
and Urban Development. The committees co-ordinate
investment and finance, asset management and procurement.
For more information, visit: www.rakli.fi
SATO is one of Finland’s leading
corporate investors in housing. SATO
owns a total of some 23,000 rentable homes in Finland’s largest
centres of urban growth and in St. Petersburg. Its investment
assets have a fair value of roughly EUR 1.9 billion.
SATO has set the goal of being the most efficient
and progressive player in the market, which facilitates
the constant improvement of customer services as well as
generating added value for its shareholders. This requires
the constant re-evaluation of operating methods as well as
the ability to regenerate.
SATO’s value creation is based on the trend in value of
the investment properties and on rental business. Continuing
demand for housing fosters the stability of SATO’s business.
Homes will always be needed.
The value of SATO’s annual new investments in the 21st
century has averaged EUR 115 million, and its divestment of
housing has averaged roughly EUR 30 million. The increase
in the difference in values of the investment properties
during the year under review was EUR 122.3 million.
SATO’s biggest shareholders are Finnish pension
insurers and other insurance companies. The Group’s
turnover in 2011 was EUR 232.0 million and profit before
taxes was EUR 52.1 million. Operating profit was EUR 86.8
million. www.sato.fi
other SEB products, to real estate clients in Sweden, Finland,
Norway, Denmark, Germany and Poland. www.sebgroup.
com or www.seb.fi
Skanska is one of the world’s
leading project development
and construction groups with expertise in construction,
development of commercial and residential projects and
public-private partnerships. Based on its global green
experience, Skanska aims to be a client’s first choice for Green
solutions. The Group currently has 52,000 employees in
select home markets in Europe, the United States and Latin
America. Headquartered in Stockholm, Sweden and listed
on the Stockholm Stock Exchange, Skanska’s sales in 2011
totalled over EUR 13 billion.
Skanska’s operations in Finland cover construction
services, residential and commercial project development
and public-private partnerships. Construction services
include building construction, building services, and civil
and environmental construction. In Estonia Skanska’s
activities comprise construction services and residential
development. The combined sales for Skanska’s Finnish and
Estonian operations in 2011 were EUR 1.0 billion, and the
company employed about 3,360 people.
Skanska Commercial Development Finland is part of
Skanska Commercial Development Nordic, which initiates,
develops and invests in property projects within offices,
logistic facilities and retail warehouses. Office operations
focus on the three large metropolitan regions in Sweden,
the Copenhagen region of Denmark and Helsinki, Finland.
The development of logistics facilities and volume retail
properties is conducted in strategic locations in Sweden,
Denmark and Finland. www.skanska.fi
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The Finnish Property Market 2012
SEB is a leading Nordic financial services
group. As a relationship bank, SEB in Sweden
and the Baltic countries offers financial advice and a wide range
of other services. In Denmark, Finland, Norway and Germany
the bank’s operations have a strong focus on corporate
and investment banking based on a full-service offering to
corporate and institutional clients. The international nature of
SEB’s business is reflected in its presence in some 20 countries
worldwide. SEB has 4,000,000 private customers, 400,000
SME customers and 2,600 corporations and institutions as
customers. The Group has about 17,000 employees.
SEB has been present in Finland since 1994, and today
has 400 employees based in central Helsinki.
SEB Commercial Real Estate, which is a part of
Merchant Banking division, is responsible for real estate
clients and offers financing, including structured finance and