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Business Arena Helsinki

4 February 2020

0 dagar 0 timmar 0 minuter 0 sekunder
Programme
Tuesday, February 4, 2020
08:00 - 09:00 EET

Registration and breakfast

09:00 - 09:05 EET

Welcome to Business Arena Helsinki

Merja Aura Peter Lingmerth Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

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09:05 - 09:45 EET

Finland’s status in a tense world

Fredrik Reinfeldt Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

Over the past few years, Europe has gone through a period of destabilisation. Some European countries are still experiencing the ripple effect of the financial crisis and the Brexit debacle has created a divide larger than the English Channel. In Germany, the question of succession is unsolved and Emmanuel Macron has lost momentum domestically. Is Finland able to act as a stabiliser in our divided part of the world? How do the current global geopolitical tensions affect the country?

 

Fredrik Reinfeldt, Former Prime Minister of Sweden 

 

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09:45 - 10:15 EET

Which role should Helsinki play in Europe?

Jan Vapaavuori Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

As the concept of the nation state seems to be weakening, cities as regional hubs gain strength. In a divided Europe, the importance of strong cities as catalysts for growth and pillars of stability will definitely increase. Helsinki is one of the easternmost capitals of the EU and as such, a strong outpost of modern democracy and values, an ever so important function in an everchanging world. Which role should the city play in the process of maintaining a strong Europe?

 

Jan Vapaavuori, Mayor, City of Helsinki                                
 

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10:15 - 11:00 EET

Coffee and time for networking

11:00 - 11:30 EET

Macroeconomics

Neal Kilbane Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

After a long period of recovery and prosperity, more and more signs indicate that the global economy is at a tipping point and that the business cycle is turning south. Moreover, there are indications that we are going through a fundamental shift of the economic structure which in turns affects geopolitical stability. How will the global economy fare over the coming years, how should central banks conduct monetary policy when the principal of economics are changing and how will trade wars affect? Where does this leave Finland? 
 

Neal Kilbane, Senior economist, Oxford Economics    

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11:00 - 11:30 EET

The demographic megatrend - where does it lead?

Björn Teir Jan Saarela Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist​

 

Slowly but securely, the demographic structure of society has been changing for centuries. Over the past decades, this process has picked up pace and we now talk about a demographic megatrend driven by urbanisation combined with an aging population. As a result, new challenges arise with increased housing shortages in major cities, an infrastructure that is both underdeveloped and undersized, as well as an increasing need for housing solutions for the elderly. What is the demographic projection for Finland in the coming decades and how does it affect the property industry?

 

Expert: Björn Teir, Partner, Haahtela ​

 

Jan Saarela,  Professor of Demography with Statistics, Åbo Akademi University,     

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11:00 - 11:30 EET

Property management as a driver of social sustainability – examples from Sweden

Ilija Batljan Katarina Skalare Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

We exist in a time where the social gap is wider than it has been for decades, the demographic structure of society is shifting and new citizens of various origin struggle to adapt to their new homes. This, of course, creates new challenges for society as a whole as well as the property market. In fact, the property market may just provide an effective tool to contribute to a more socially equal society. How can this be done and how have Swedish residential companies included tenants in their property management?

 

Ilija Batljan, CEO, Samhällsbyggnadsbolaget                    
Katarina Skalare, Chief Sustainability Officer, Heimstaden
 

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11:00 - 12:00 EET

Market overview - sector by sector

Marko Oinas Sven Dahlin Sverker Källgården Tomi Grönlund Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News


While the Finnish property market in general has performed well over the past few years, there are always some segments that outperform the rest. Moreover, there are always some segments that perform outright poorly. In this session, local market experts give us a guided tour throught the various asset classes, without geographical regard. We take a closer look at how they have performed and are expected to perform in coming years.

 

Expert: Seppo Koponen, CEO, Partner, GEM Property


11.00 Office Tomi Grönlund, Managing Director, Mrec Investment Management Confirmed
11.15 Retail Sverker Källgården, CEO, Cibus Nordic Real Estate
11.30 Logistics Sven Dahlin, Partner, Nordanö
11.45 Residentials/Social infrastructure Marko Oinas, Senior Vice President, Business Development, YIT

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11:00 - 12:00 EET

Special topic: Hotel investments in Finland

Antti Kerppola Kati Soini Kimmo Virtanen Laura Tarkka Pirjo Ojanperä Tuomas Laakso Room: 103B Special topic – Hotel

Chair: Kati Soini, Senior Business Advisor/Hotel Investments, Helsinki Business Hub

 

Finland’s newly found position as an international hub between Europe and eastern Asia combined with the increased internalisation of the Finnish economy in general, has led to a steady growth in demand for hotels. By tradition, domestic brands have dominated the market and although international brands have been entering the market in past years, there is still room for more. What are the main trends going ahead and why should international hotel players invest in Finland? Welcome to an in-depth discussion on the Finnish hotel market.

 

Laura Tarkka, CEO, Kämp Collection Hotels 
Pirjo Ojanperä, Head of Real Estate Hotel Fund, CapMan
Kimmo Virtanen, Director, Scandinavia, Russia and the Baltic States, Christie & Co 
Tuomas Laakso, Vice President Marriott Development
Antti Kerppola, CEO, Ylva 

 

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11:30 - 12:00 EET

Main trends in the Helsinki property market

Annika Paitula Hanna Rauhala Ilkka Tomperi Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

While the main rationale of doing real estate business doesn‘t differ fundamentally from one market to another, all markets have their own idiosyncrasies. Moreover, business cycles and short-term trend may differ quite drastically, even in markets with similar characteristics. Which are the main trends facing the Helsinki property market and where does it stand in an international comparison?

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11:30 - 12:00 EET

Yhteiskunnalliset kiinteistöt

Björn Teir Jarkko Leinonen Mikko Heiska Room: 101C Seminar 2 – Housing and (social) infrastructure Seminar in Finnish

Chair: Peter Nyman, Journalist,

 

Päiväkotien, koulujen ja hoivakotien mahdollistaminen on yksi yhteiskunnan tärkeimpiä tehtäviä.
Kun näiden tilojen tarve kasvaa, julkiselle taloudelle aiheutuu yhä enemmän kustannuksia – samaan aikaan, kun päättäjien on entistä tarkemmin pidettävä kulutasot kurissa. Tämä on synnyttänyt uudenlaisia kiinteistösijoitusmahdollisuuksia, kun kiinteistöalan yksityiset toimijat voivat pääomittaa julkisen sektorin investointeja.

 

Expert: Björn Teir, Partner, Haahtela ​

 

Jarkko Leinonen, Country Manager Finland, Hemsö                
Mikko Heiska, Head of Property Management Finland, Samhällsbyggnadsbolaget

 

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11:30 - 12:00 EET

A house is a house is a house...

Anders Lendager Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 


Over the span of a lifetime, the biggest part of our carbon footprint is generated by the construction process and the materials we use. Hence, we can achieve great benefits when designing our properties. Reusing and recycling materials may therefore be an excellent way of achieving a circular construction process. What can we do to make the entire process circular? Danish Lendager Group views the circular economy as a central feature of the cities of the future and the business models that emerge in the shift towards the future city.

 

Anders Lendager, CEO and founder, Lendager Group

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12:00 - 13:30 EET

Lunch and time for networking

12:30 - 13:00 EET

Special topic: Nordic Proptech Scene

Christoffer Börjesson Nadim Stub Roger Tofft Tasha Tolmacheva Exhibition Area (Lounge 7) Special topic - Nordic Proptech Scene

Chair: Christoffer Börjesson, Chief Digital Officer, Fastighetsägarna Stockholm


The Finnish tech scene is well-known around the world as a powerful generator of innovation. This is of course beneficial to the property sector as Finland has a blossoming proptech scene which in the longer-term should be able to contribute to the development of the property industry, around the globe. Which are the main proptech trends and what is the optimal environment for proptech companies to thrive? How can this be ensured?

 

Tasha Tolmacheva, Community Builder, PropTech Finland        
Nadim Stub, Managing Director, PropTech Denmark         
Roger Tofft, Founder, PropTech Sweden   

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13:30 - 14:00 EET

The housing market - overview

Hannu Penttilä Risto Mustaniemi Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist

 

In today’s society, housing is one of the main challenges for policymakers to resolve. How are we going to meet the demand created by urbanisation in an affordable manner without easing the basic standard requirements too much. Further, how do we provide land for development of new residential areas with all the following basic needs such as infrastructure and social infrastructure?

 

Hannu Penttilä, Deputy Mayor, City of Vantaa,                 
Risto Mustaniemi, Head of Residential Business, Newsec        
 

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13:30 - 14:00 EET

Kiinteistöjohtaminen ja kestävä kehitys

Eelis Rytkönen Lotta Partanen Mari Rajaniemi Room: 101D Seminar 4 – Property management Seminar in Finnish

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

Vaikka kiinteistöala on tehnyt paljon vähentääkseen negatiivisia ympäristövaikutuksia, rakennettu ympäristö on jo lähtökohtaisesti suoraan kosketuksissa muuhun ympäristöön. Siksi on suorastaan moraalinen velvollisuutemme tehdä kaikkemme  ympäristöhaittojen minimoimiseksi. Joustavat rakenneratkaisut ja ympäristömyötäiset kiinteistöt ovat hyvä alku, mutta miten siitä eteenpäin?

 

Lotta Partanen, Corporate responsibility, Eco Real                     
Mari Rajaniemi, Director, Energy and Environmental Services, Realia        
Eelis Rytkönen, Urban developer, NCC Property Development     

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13:30 - 14:30 EET

Leasing and transactions - overview

Jussi Raitaniemi Petteri Kokko Simo Vilhunen Tero Lehtonen Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

Over the past few years activity has been strong in the Finnish commercial property market with a number of global players showing good appetite for investment in Finland. Will this development continue even going forward? Welcome to an overview session covering the leasing and transactions markets in Finland.

13.30-14.00 Leasing
Jussi Raitaniemi, Business Director, Partner, Trevian Asset Management                                
Tero Lehtonen, CEO, JLL Finland     


14.00-14.30 Transactions
Simo Vilhunen, Head of Capital Markets, Partner, Newsec Finland
Petteri Kokko, Director, Real Estate Team, Advium    

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13:30 - 14:30 EET

Investment opportunities in the Finnish market: Development areas

Anni Sinnemäki Antti Kari Niko Kyynäräinen Virpi Ekholm Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News


Similar to most other countries, the metropolisation megatrend has affected Finland creating an explicit divide between growth cities and other urban centres that for some reason have missed out. Growth cities are growing and there is big demand for investment in different development projects. Which are the main development projects in Finland’s main cities and where can future opportunities be found?

 

Expert: Saija Toivonen, Assistant Professor in Real Estate Economics, D.Sc. (Tech.), Aalto University 

 

Helsinki Metropolitan Area   
Anni Sinnemäki, Deputy Mayor, City of Helsinki            

Tampere 
Virpi Ekholm, Director, Real Estate and Housing, City of Tampere        

Turku 
Niko Kyynäräinen, CEO, Turku Business Region            

Vantaa                        
Antti Kari, Real Estate Director, City of Vantaa          

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14:00 - 14:30 EET

Asunnot omaisuusluokkana

Hannele Pokka Ville Raito Room: 101C Seminar 2 – Housing and (social) infrastructure Seminar in Finnish

Chair: Peter Nyman, Journalist ​

 

Vaikka monet haluavat omistaa oman kotinsa, myös vuokra-asuntoja tarvitaan aina. Esimerkiksi aikuistumisen kynnyksellä olevat ikäluokat, opiskelijat ja myös monet aivan tavalliset työssäkäyvät eivät halua sitoutua asunnon omistamiseen ja pitkään asuntolainaan. Nämä kaikki luovat kysyntää, johon ammattimaiset kiinteistökehittäjät ja -sijoittajat voivat vastata.Millainen on Suomen asuntomarkkinoiden rakenne? Mitkä tahot ovat asuntosegmentin päätoimijoita ja millainen rooli on sosiaalisella asuntotuotannolla?

 

Ville Raito, Chief Investment Officer, Kojamo              
Hannele Pokka, Permanent Secretary of the Ministry of the Environment  

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14:00 - 14:30 EET

Digitalisaatio

Hannu Rantanen Matti Uusivirta Toni Luhti Room: 101D Seminar 4 – Property management Seminar in Finnish

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

Suomi tunnetaan teknologisesti edistyksellisenä maana, ja maan start up -yritykset pitävät ansiokkaasti yllä Nokian perintöä. Kiinteistöalan on pakko pysyä mukana digitalisaatiokehityksessä ja sillä voisi olla paljon opittavaa maan teknologiasektorilta.

Kuinka saamme kiinteistöalan ja teknoyritykset toimimaan yhdessä niin, että molemmat tahot hyötyvät? Millä tavalla teknologiaosaajat voivat parantaa kiinteistösektorin tehokkuutta ja kannattavuutta?

 

Matti Uusivirta, Head of Sales Finland, Datscha                     
Toni Luhti, CEO, Platform of Trust                        
Hannu Rantanen, CEO, Assetti     

 

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14:30 - 15:00 EET

Coffee and time for networking

15:00 - 15:45 EET

What lies ahead in the Finnish property market?

Arvi A. I. Luoma Hanna Kaleva Pertti Vanhanen Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

While the Finnish property market has performed well over the past few years, it is by nature - as are all markets - cyclical. This implies that there will be dry spells in the market. One important question of course is how severe these dry spells usually are and how it affects the view of international investors of the market. This, in turn, leads to the question whether the Finnish market is regarded a core market or if the FDI is mainly speculative? Moreover, the market is dominated by open-ended funds and the number of listed players has diminished drastically. Will this development continue? How will the Finnish property industry evolve in the coming years and how can transparency and liquidity in the market be increased?

 

Hanna Kaleva,  Managing Director, KTI Finland, KTI 
Pertti Vanhanen, Former Global Co-Head of Real Estate, Aberdeen Standard Investments  Confirmed
Arvi A. I. Luoma, Managing Director, Head of European Investments, W. P. Carey  Confirmed
    

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15:00 - 15:45 EET

6x5 – visionary projects in urban development and infrastructure

Anri Linden Markus Holm Päivi Ahlroos Reijo Väliharju Taina Riekkinen Tiina Antinoja Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist 

Finland is known for its pioneering in design and architecture and there is a variety of interesting visionary projects on the horizon. In this final session, we will learn about six of the most interesting projects - each project having five minutes to present itself.

Expert: Niklas Svensson, Business Unit Manager, Tengbom  

 

1. On Track for Growth with New Tramway (City of Vantaa)

Markus Holm, Head of Planning at Public Utilities Services Centre, City of Vantaa

 

2. Helsinki East Urban Centre – open ideas competition

 Anri Linden, Unit Manager, Architect SAFA, City of Helsinki

 

3. “How is low-budget family housing designed in the future city?”

Tiina Antinoja, Tiina Antinoja, Architect, Partner, Muuan

 

4. The Hiedanranta Area (City of Tampere) 

Reijo Väliharju, Program Director, Hiedanranta, City of Tampere

 

5. Pasila project (City of Helsinki) 

Päivi Ahlroos, Project Director, City of Helsinki

 

6. Skanssi (City of Turku) 

Taina Riekkinen, Project manager, City of Turku

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15:00 - 15:45 EET

Why do we prefer Finland?

Michael Swank Nils Styf Victor Persson Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News

 

In the past few years, the Finnish property market has been firing on all cylinders, attracting vast amounts of international capital in search for returns. Some of the planets most prominent institutional investors have entered the market and demand is still strong. Which market characteristics attract foreign investors and what are their plans for Finland?

 

Expert: Seppo Koponen, CEO, Partner, GEM Property

 

Carola Lavén, Vice President and Investment director, Castellum  
Michael Swank, Managing Director, Real Estate, Blackstone         
Nils Styf, CEO, Hemsö                                
Victor Persson, Director, BlackRock        

 

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15:00 - 15:45 EET

The “co”-trend

Karita Huotari Leigh Ewin Riikka Jakovuori Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    
 

 

Sharing is caring, they say, and one of the most commonly cited ways to provide for a better climate is simply to better utilise the resources our planet and past generations have left us, including houses. The co-trend is perhaps the best example of how the sharing economy has impacted the property industry, with both co-working and co-living as prominent features of the modern property market. How has the co-trend penetrated the Finnish market and how can we make even better use of the existing resources?

 

 

Riikka Jakovuori, Country Manager, Epicenter Helsinki,                 
Leigh Ewin, Community Manager, A Grid, Aalto Campus Real Estate         
Karita Huotari, Director, UMA Workspace, Technopolis Plc        

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16:00 - 16:20 EET

Investor panel – what’s it like doing business in Finland?

Arvi A. I. Luoma James Seppala Jenny Lindholm Room: 101AB Concluding session

Chair: Alasdair Ross, Editor, The Economist

 

Investing in a new country may often be tricky as all markets have their own idiosyncrasies that usually are unknown to foreign investors. Working knowledge of a local market may just be difference between success and failure when it comes to investments, or any kind of business for that matter. What are the main characteristics of the Finnish property market? Which pitfalls and threats should investors be aware of and avoid? Which opportunities does the Finnish market present? International investors with an experience from the Finnish market share their insights.

 

Jenny Lindholm, Head of Nordics, Allianz Real Estate        
James Seppala, Head of Real Estate Europe, Blackstone    
Arvi A. I. Luoma, Managing Director, Head of European Investments, W. P. Carey 

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16:20 - 16:30 EET

Summary of Business Arena Helsinki 2020

Alasdair Ross Room: 101AB Concluding session
16:30 - 18:00 EET

Business Arena Helsinki networking drinks

08:00 - 09:00 EET

Registration and breakfast

09:00 - 09:05 EET

Welcome to Business Arena Helsinki

Merja Aura Peter Lingmerth Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

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09:05 - 09:45 EET

Finland’s status in a tense world

Fredrik Reinfeldt Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

Over the past few years, Europe has gone through a period of destabilisation. Some European countries are still experiencing the ripple effect of the financial crisis and the Brexit debacle has created a divide larger than the English Channel. In Germany, the question of succession is unsolved and Emmanuel Macron has lost momentum domestically. Is Finland able to act as a stabiliser in our divided part of the world? How do the current global geopolitical tensions affect the country?

 

Fredrik Reinfeldt, Former Prime Minister of Sweden 

 

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09:45 - 10:15 EET

Which role should Helsinki play in Europe?

Jan Vapaavuori Room: 101AB Opening session

Chair: Alasdair Ross, Editor, The Economist

As the concept of the nation state seems to be weakening, cities as regional hubs gain strength. In a divided Europe, the importance of strong cities as catalysts for growth and pillars of stability will definitely increase. Helsinki is one of the easternmost capitals of the EU and as such, a strong outpost of modern democracy and values, an ever so important function in an everchanging world. Which role should the city play in the process of maintaining a strong Europe?

 

Jan Vapaavuori, Mayor, City of Helsinki                                
 

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10:15 - 11:00 EET

Coffee and time for networking

11:00 - 11:30 EET

Macroeconomics

Neal Kilbane Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

After a long period of recovery and prosperity, more and more signs indicate that the global economy is at a tipping point and that the business cycle is turning south. Moreover, there are indications that we are going through a fundamental shift of the economic structure which in turns affects geopolitical stability. How will the global economy fare over the coming years, how should central banks conduct monetary policy when the principal of economics are changing and how will trade wars affect? Where does this leave Finland? 
 

Neal Kilbane, Senior economist, Oxford Economics    

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11:00 - 11:30 EET

The demographic megatrend - where does it lead?

Björn Teir Jan Saarela Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist​

 

Slowly but securely, the demographic structure of society has been changing for centuries. Over the past decades, this process has picked up pace and we now talk about a demographic megatrend driven by urbanisation combined with an aging population. As a result, new challenges arise with increased housing shortages in major cities, an infrastructure that is both underdeveloped and undersized, as well as an increasing need for housing solutions for the elderly. What is the demographic projection for Finland in the coming decades and how does it affect the property industry?

 

Expert: Björn Teir, Partner, Haahtela ​

 

Jan Saarela,  Professor of Demography with Statistics, Åbo Akademi University,     

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11:00 - 11:30 EET

Property management as a driver of social sustainability – examples from Sweden

Ilija Batljan Katarina Skalare Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

We exist in a time where the social gap is wider than it has been for decades, the demographic structure of society is shifting and new citizens of various origin struggle to adapt to their new homes. This, of course, creates new challenges for society as a whole as well as the property market. In fact, the property market may just provide an effective tool to contribute to a more socially equal society. How can this be done and how have Swedish residential companies included tenants in their property management?

 

Ilija Batljan, CEO, Samhällsbyggnadsbolaget                    
Katarina Skalare, Chief Sustainability Officer, Heimstaden
 

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11:00 - 12:00 EET

Market overview - sector by sector

Marko Oinas Sven Dahlin Sverker Källgården Tomi Grönlund Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News


While the Finnish property market in general has performed well over the past few years, there are always some segments that outperform the rest. Moreover, there are always some segments that perform outright poorly. In this session, local market experts give us a guided tour throught the various asset classes, without geographical regard. We take a closer look at how they have performed and are expected to perform in coming years.

 

Expert: Seppo Koponen, CEO, Partner, GEM Property


11.00 Office Tomi Grönlund, Managing Director, Mrec Investment Management Confirmed
11.15 Retail Sverker Källgården, CEO, Cibus Nordic Real Estate
11.30 Logistics Sven Dahlin, Partner, Nordanö
11.45 Residentials/Social infrastructure Marko Oinas, Senior Vice President, Business Development, YIT

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11:00 - 12:00 EET

Special topic: Hotel investments in Finland

Antti Kerppola Kati Soini Kimmo Virtanen Laura Tarkka Pirjo Ojanperä Tuomas Laakso Room: 103B Special topic – Hotel

Chair: Kati Soini, Senior Business Advisor/Hotel Investments, Helsinki Business Hub

 

Finland’s newly found position as an international hub between Europe and eastern Asia combined with the increased internalisation of the Finnish economy in general, has led to a steady growth in demand for hotels. By tradition, domestic brands have dominated the market and although international brands have been entering the market in past years, there is still room for more. What are the main trends going ahead and why should international hotel players invest in Finland? Welcome to an in-depth discussion on the Finnish hotel market.

 

Laura Tarkka, CEO, Kämp Collection Hotels 
Pirjo Ojanperä, Head of Real Estate Hotel Fund, CapMan
Kimmo Virtanen, Director, Scandinavia, Russia and the Baltic States, Christie & Co 
Tuomas Laakso, Vice President Marriott Development
Antti Kerppola, CEO, Ylva 

 

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11:30 - 12:00 EET

Main trends in the Helsinki property market

Annika Paitula Hanna Rauhala Ilkka Tomperi Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

While the main rationale of doing real estate business doesn‘t differ fundamentally from one market to another, all markets have their own idiosyncrasies. Moreover, business cycles and short-term trend may differ quite drastically, even in markets with similar characteristics. Which are the main trends facing the Helsinki property market and where does it stand in an international comparison?

Show details Hide details
11:30 - 12:00 EET

Yhteiskunnalliset kiinteistöt

Björn Teir Jarkko Leinonen Mikko Heiska Room: 101C Seminar 2 – Housing and (social) infrastructure Seminar in Finnish

Chair: Peter Nyman, Journalist,

 

Päiväkotien, koulujen ja hoivakotien mahdollistaminen on yksi yhteiskunnan tärkeimpiä tehtäviä.
Kun näiden tilojen tarve kasvaa, julkiselle taloudelle aiheutuu yhä enemmän kustannuksia – samaan aikaan, kun päättäjien on entistä tarkemmin pidettävä kulutasot kurissa. Tämä on synnyttänyt uudenlaisia kiinteistösijoitusmahdollisuuksia, kun kiinteistöalan yksityiset toimijat voivat pääomittaa julkisen sektorin investointeja.

 

Expert: Björn Teir, Partner, Haahtela ​

 

Jarkko Leinonen, Country Manager Finland, Hemsö                
Mikko Heiska, Head of Property Management Finland, Samhällsbyggnadsbolaget

 

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11:30 - 12:00 EET

A house is a house is a house...

Anders Lendager Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 


Over the span of a lifetime, the biggest part of our carbon footprint is generated by the construction process and the materials we use. Hence, we can achieve great benefits when designing our properties. Reusing and recycling materials may therefore be an excellent way of achieving a circular construction process. What can we do to make the entire process circular? Danish Lendager Group views the circular economy as a central feature of the cities of the future and the business models that emerge in the shift towards the future city.

 

Anders Lendager, CEO and founder, Lendager Group

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12:00 - 13:30 EET

Lunch and time for networking

12:30 - 13:00 EET

Special topic: Nordic Proptech Scene

Christoffer Börjesson Nadim Stub Roger Tofft Tasha Tolmacheva Exhibition Area (Lounge 7) Special topic - Nordic Proptech Scene

Chair: Christoffer Börjesson, Chief Digital Officer, Fastighetsägarna Stockholm


The Finnish tech scene is well-known around the world as a powerful generator of innovation. This is of course beneficial to the property sector as Finland has a blossoming proptech scene which in the longer-term should be able to contribute to the development of the property industry, around the globe. Which are the main proptech trends and what is the optimal environment for proptech companies to thrive? How can this be ensured?

 

Tasha Tolmacheva, Community Builder, PropTech Finland        
Nadim Stub, Managing Director, PropTech Denmark         
Roger Tofft, Founder, PropTech Sweden   

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13:30 - 14:00 EET

The housing market - overview

Hannu Penttilä Risto Mustaniemi Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist

 

In today’s society, housing is one of the main challenges for policymakers to resolve. How are we going to meet the demand created by urbanisation in an affordable manner without easing the basic standard requirements too much. Further, how do we provide land for development of new residential areas with all the following basic needs such as infrastructure and social infrastructure?

 

Hannu Penttilä, Deputy Mayor, City of Vantaa,                 
Risto Mustaniemi, Head of Residential Business, Newsec        
 

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13:30 - 14:00 EET

Kiinteistöjohtaminen ja kestävä kehitys

Eelis Rytkönen Lotta Partanen Mari Rajaniemi Room: 101D Seminar 4 – Property management Seminar in Finnish

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

Vaikka kiinteistöala on tehnyt paljon vähentääkseen negatiivisia ympäristövaikutuksia, rakennettu ympäristö on jo lähtökohtaisesti suoraan kosketuksissa muuhun ympäristöön. Siksi on suorastaan moraalinen velvollisuutemme tehdä kaikkemme  ympäristöhaittojen minimoimiseksi. Joustavat rakenneratkaisut ja ympäristömyötäiset kiinteistöt ovat hyvä alku, mutta miten siitä eteenpäin?

 

Lotta Partanen, Corporate responsibility, Eco Real                     
Mari Rajaniemi, Director, Energy and Environmental Services, Realia        
Eelis Rytkönen, Urban developer, NCC Property Development     

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13:30 - 14:30 EET

Leasing and transactions - overview

Jussi Raitaniemi Petteri Kokko Simo Vilhunen Tero Lehtonen Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

Over the past few years activity has been strong in the Finnish commercial property market with a number of global players showing good appetite for investment in Finland. Will this development continue even going forward? Welcome to an overview session covering the leasing and transactions markets in Finland.

13.30-14.00 Leasing
Jussi Raitaniemi, Business Director, Partner, Trevian Asset Management                                
Tero Lehtonen, CEO, JLL Finland     


14.00-14.30 Transactions
Simo Vilhunen, Head of Capital Markets, Partner, Newsec Finland
Petteri Kokko, Director, Real Estate Team, Advium    

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13:30 - 14:30 EET

Investment opportunities in the Finnish market: Development areas

Anni Sinnemäki Antti Kari Niko Kyynäräinen Virpi Ekholm Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News


Similar to most other countries, the metropolisation megatrend has affected Finland creating an explicit divide between growth cities and other urban centres that for some reason have missed out. Growth cities are growing and there is big demand for investment in different development projects. Which are the main development projects in Finland’s main cities and where can future opportunities be found?

 

Expert: Saija Toivonen, Assistant Professor in Real Estate Economics, D.Sc. (Tech.), Aalto University 

 

Helsinki Metropolitan Area   
Anni Sinnemäki, Deputy Mayor, City of Helsinki            

Tampere 
Virpi Ekholm, Director, Real Estate and Housing, City of Tampere        

Turku 
Niko Kyynäräinen, CEO, Turku Business Region            

Vantaa                        
Antti Kari, Real Estate Director, City of Vantaa          

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14:00 - 14:30 EET

Asunnot omaisuusluokkana

Hannele Pokka Ville Raito Room: 101C Seminar 2 – Housing and (social) infrastructure Seminar in Finnish

Chair: Peter Nyman, Journalist ​

 

Vaikka monet haluavat omistaa oman kotinsa, myös vuokra-asuntoja tarvitaan aina. Esimerkiksi aikuistumisen kynnyksellä olevat ikäluokat, opiskelijat ja myös monet aivan tavalliset työssäkäyvät eivät halua sitoutua asunnon omistamiseen ja pitkään asuntolainaan. Nämä kaikki luovat kysyntää, johon ammattimaiset kiinteistökehittäjät ja -sijoittajat voivat vastata.Millainen on Suomen asuntomarkkinoiden rakenne? Mitkä tahot ovat asuntosegmentin päätoimijoita ja millainen rooli on sosiaalisella asuntotuotannolla?

 

Ville Raito, Chief Investment Officer, Kojamo              
Hannele Pokka, Permanent Secretary of the Ministry of the Environment  

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14:00 - 14:30 EET

Digitalisaatio

Hannu Rantanen Matti Uusivirta Toni Luhti Room: 101D Seminar 4 – Property management Seminar in Finnish

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    

 

Suomi tunnetaan teknologisesti edistyksellisenä maana, ja maan start up -yritykset pitävät ansiokkaasti yllä Nokian perintöä. Kiinteistöalan on pakko pysyä mukana digitalisaatiokehityksessä ja sillä voisi olla paljon opittavaa maan teknologiasektorilta.

Kuinka saamme kiinteistöalan ja teknoyritykset toimimaan yhdessä niin, että molemmat tahot hyötyvät? Millä tavalla teknologiaosaajat voivat parantaa kiinteistösektorin tehokkuutta ja kannattavuutta?

 

Matti Uusivirta, Head of Sales Finland, Datscha                     
Toni Luhti, CEO, Platform of Trust                        
Hannu Rantanen, CEO, Assetti     

 

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14:30 - 15:00 EET

Coffee and time for networking

15:00 - 15:45 EET

What lies ahead in the Finnish property market?

Arvi A. I. Luoma Hanna Kaleva Pertti Vanhanen Room: 101AB Seminar 1 – Property market

Chair: Markus Steinby, Director, KTI    

 

While the Finnish property market has performed well over the past few years, it is by nature - as are all markets - cyclical. This implies that there will be dry spells in the market. One important question of course is how severe these dry spells usually are and how it affects the view of international investors of the market. This, in turn, leads to the question whether the Finnish market is regarded a core market or if the FDI is mainly speculative? Moreover, the market is dominated by open-ended funds and the number of listed players has diminished drastically. Will this development continue? How will the Finnish property industry evolve in the coming years and how can transparency and liquidity in the market be increased?

 

Hanna Kaleva,  Managing Director, KTI Finland, KTI 
Pertti Vanhanen, Former Global Co-Head of Real Estate, Aberdeen Standard Investments  Confirmed
Arvi A. I. Luoma, Managing Director, Head of European Investments, W. P. Carey  Confirmed
    

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15:00 - 15:45 EET

6x5 – visionary projects in urban development and infrastructure

Anri Linden Markus Holm Päivi Ahlroos Reijo Väliharju Taina Riekkinen Tiina Antinoja Room: 101C Seminar 2 – Housing and (social) infrastructure

Chair: Peter Nyman, Journalist 

Finland is known for its pioneering in design and architecture and there is a variety of interesting visionary projects on the horizon. In this final session, we will learn about six of the most interesting projects - each project having five minutes to present itself.

Expert: Niklas Svensson, Business Unit Manager, Tengbom  

 

1. On Track for Growth with New Tramway (City of Vantaa)

Markus Holm, Head of Planning at Public Utilities Services Centre, City of Vantaa

 

2. Helsinki East Urban Centre – open ideas competition

 Anri Linden, Unit Manager, Architect SAFA, City of Helsinki

 

3. “How is low-budget family housing designed in the future city?”

Tiina Antinoja, Tiina Antinoja, Architect, Partner, Muuan

 

4. The Hiedanranta Area (City of Tampere) 

Reijo Väliharju, Program Director, Hiedanranta, City of Tampere

 

5. Pasila project (City of Helsinki) 

Päivi Ahlroos, Project Director, City of Helsinki

 

6. Skanssi (City of Turku) 

Taina Riekkinen, Project manager, City of Turku

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15:00 - 15:45 EET

Why do we prefer Finland?

Michael Swank Nils Styf Victor Persson Room: 103A Seminar 3 – International investor update

Chair: Lotta Edling, Editorial Director of Development, Bonnier News

 

In the past few years, the Finnish property market has been firing on all cylinders, attracting vast amounts of international capital in search for returns. Some of the planets most prominent institutional investors have entered the market and demand is still strong. Which market characteristics attract foreign investors and what are their plans for Finland?

 

Expert: Seppo Koponen, CEO, Partner, GEM Property

 

Carola Lavén, Vice President and Investment director, Castellum  
Michael Swank, Managing Director, Real Estate, Blackstone         
Nils Styf, CEO, Hemsö                                
Victor Persson, Director, BlackRock        

 

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15:00 - 15:45 EET

The “co”-trend

Karita Huotari Leigh Ewin Riikka Jakovuori Room: 101D Seminar 4 – Property management

Chair: Maarit Nordmark, Head of Asset Management, Hestia Part of Realia Group    
 

 

Sharing is caring, they say, and one of the most commonly cited ways to provide for a better climate is simply to better utilise the resources our planet and past generations have left us, including houses. The co-trend is perhaps the best example of how the sharing economy has impacted the property industry, with both co-working and co-living as prominent features of the modern property market. How has the co-trend penetrated the Finnish market and how can we make even better use of the existing resources?

 

 

Riikka Jakovuori, Country Manager, Epicenter Helsinki,                 
Leigh Ewin, Community Manager, A Grid, Aalto Campus Real Estate         
Karita Huotari, Director, UMA Workspace, Technopolis Plc        

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16:00 - 16:20 EET

Investor panel – what’s it like doing business in Finland?

Arvi A. I. Luoma James Seppala Jenny Lindholm Room: 101AB Concluding session

Chair: Alasdair Ross, Editor, The Economist

 

Investing in a new country may often be tricky as all markets have their own idiosyncrasies that usually are unknown to foreign investors. Working knowledge of a local market may just be difference between success and failure when it comes to investments, or any kind of business for that matter. What are the main characteristics of the Finnish property market? Which pitfalls and threats should investors be aware of and avoid? Which opportunities does the Finnish market present? International investors with an experience from the Finnish market share their insights.

 

Jenny Lindholm, Head of Nordics, Allianz Real Estate        
James Seppala, Head of Real Estate Europe, Blackstone    
Arvi A. I. Luoma, Managing Director, Head of European Investments, W. P. Carey 

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16:20 - 16:30 EET

Summary of Business Arena Helsinki 2020

Alasdair Ross Room: 101AB Concluding session
16:30 - 18:00 EET

Business Arena Helsinki networking drinks