<strong>Helsinki</strong> <strong>Metropolitan</strong> <strong>Area</strong> Office Market Approx. 8,0 million sqm 20
<strong>Helsinki</strong> <strong>Metropolitan</strong> <strong>Area</strong>, Office Market Q4/2007 HELSINKI METROPOLITAN AREA, OFFICE MARKET <strong>Helsinki</strong> City Centre UPPER RENTAL LEVEL* PRIME YIELD ** OFFICE STOCK, NET FLOOR AREA VACANCY RATE Q2 07 - Q4 07 Q4 07 % - unit - <strong>Helsinki</strong> CBD €342 m2/year 4,8 - 5,3% 300.000 m2 4,0 % - 1,6% - <strong>Helsinki</strong> Centre (incl. CBD) n.a. n.a. 1.750.000 m2 4,8 % - 0,5% Inner City €180 - 240 m2/year 5,5 - 6,5% 2.500.000 m2 7,3 % - 0,1% Ruoholahti €264 m2/year 5,3 - 5,8 % 300.000 m2 5,6 % - 1,6% Keilaniemi €264 m2/year 5,2 - 5,8 % 260.000 m2 10,1 % - 4,6% Espoo West, (modern space) €222 m2/year 5,8 - 6,8 % 350.000 m2 11,2 % + 1,4% Leppävaara Business Park area €234 m2/year 5,7 - 6,2 % 130.000 m2 3,0 % - 1,6% Herttoniemi, (modern space) €216 m2/year 5,9 - 6,8 % 100.000 m2 19,2 % - 7,1% Aviapolis Airport <strong>Area</strong> €234 m2/year 5,7 - 6,5 % 140.000 m2 1,7 % - 2,3% <strong>Helsinki</strong> <strong>Metropolitan</strong> <strong>Area</strong> n.a. n.a. 8.040.000 m2 8,0 % - 0,4% *Gross rent **Especially long agreements will lay down yield levels by 0,1 – 0,3 %-points. 21