ELIXIA Pitäjänmäki provides our customers with a wide range of exercise opportunities. We offer nearly 100 group exercise classes each week, which is an exceptionally high number. Thanks to effective collaboration and excellent facilities, we will also relocate our head office to Move's premises.

Well-being and sustainability are the primary operational goals at Move. Utilizing ELIXIA's services directly in the workplace offers a significant advantage for our tenants. Our partnership with ELIXIA enhances both the workplace well-being of companies and the overall well-being of individuals.

The goal is to continue this development and create an environment that supports both physical activity and well-being at work.

Finland has an exceptional potential for implementing large-scale infrastructure projects. These projects align perfectly with Trevian's strategy, as energy management related to real estate and socially significant investments are at the core of Trevian's strategic focus. Jukka-Pekka Joensuu's expertise in the field adds substantial value to Trevian.

In the next five years, the capacity of Finnish data centers is expected to multiply. Finland excels in implementing safe and functional data centers, and the country is large, stable, and strategically close to central locations of the European economic area. This is an important and topical business area on which I am happy to work with Trevian.

Over the years, we have diligently worked to enhance sustainability measures and operational transparency in the properties we manage. The sustainability measures implemented and ongoing reporting improvements facilitate proactive administration and real estate management; BREEAM certificates are shaping the future direction of Agore Properties.

The Agore shopping centres have achieved the 'Very Good' certification level, showcasing our dedication to meeting modern standards through continuous sustainable real estate management. However, at Agore, our objective goes beyond mere compliance; we strive to build a high-quality and sustainable future locally in each city where we operate. Agore Properties also aims to obtain similar certifications for our other shopping centres in various Finnish cities.

The hybrid power plant project is a key component in Trevian's ESG roadmap. It represents a positive challenge that showcases how innovative technology solutions can transform existing properties to utilize renewable energy. We customize the right solution for each property to ensure the effectiveness of the selected ESG measures.

This concept, implemented with hybrid power plants, effectively combines the financial and technical expertise of Trevian's real estate asset management. We are considering expanding the concept to several other Trevian-managed properties. Through this initiative, we actively participate in building a sustainable future within the real estate industry.

Kasarmikatu 21 stands out in the downtown area for its blend of quality and modernity while preserving the historical value of the nearby properties. Notably, the property holds the highest LEED environmental certificate at the Platinum level, reflecting its commitment to sustainability.

We look forward to working with Hines to enhance customer relationships at Kasarmikatu 21. The Helsinki central business district remains a prime location for office space demand, and K21 is an environmentally conscious building that offers modern, flexible, and bright office spaces designed to meet companies' sustainability requirements.

We are thrilled with the outcome of our cooperation with Nuveen – it has been a pleasure to support them in their entry to the Finnish residential market. Single-family homes represent a highly appealing yet underserved segment within Finland's real estate landscape, and the market fundamentals offer robust support for concentrating on this niche. We're genuinely excited about the opportunities this partnership brings for both our companies.

Data collection is important in sustainability work; it allows us to measure and track our progress towards sustainable goals. By collecting data on various sustainability indicators, such as energy consumption, greenhouse gas emissions, and waste recycling, we can identify areas where we need to improve and track the effectiveness of our efforts over time.

Sustainability is increasingly important for our tenants and their customers. Tenants are at the heart of our stakeholder engagement. We consider high tenant satisfaction to be a matter of honour. We want to provide our tenants with attractive spaces close to city centres.

Data collection also enables us to make informed decisions about allocating resources and prioritizing actions to achieve the greatest impact. Additionally, data can be used to communicate our progress to stakeholders and demonstrate our commitment to sustainability.

Trevian specializes in creating tailored solutions to enhance the energy efficiency of existing properties while considering both the technical and financial aspects. We work closely with property owners to deliver proactive solutions that align with the increasing demand for sustainability from tenants, while also ensuring transparent reporting. We always strive to build solutions that provide the best possible outcome for our customers.

According to the standards set by the EU taxonomy, a property that is in use must meet certain criteria, including being highly energy-efficient and primarily powered by renewable energy sources. This implies that the carbon footprint of each asset must be tracked, and its long-term sustainability must be evaluated. With the help of the energy solution piloted in the property, Iso Paja will achieve operational carbon neutrality. This concept can also enhance the energy efficiency of several other properties managed by Trevian.

Sustainability has been a central theme in the development work of Iso Paja. Actively monitoring the carbon footprint, optimizing energy efficiency, and achieving carbon neutrality are essential to implementing the sustainability strategy of the property. Sustainability is also a fundamental part of the Pharmacy Pension Fund's mission as an investor. The fund aims to reduce its environmental impact by lowering its carbon footprint in its operations and direct real estate investments. Significant progress has already been made in Iso Paja.

The importance of sustainability in the real estate industry has significantly increased in recent years. The European Union has implemented several regulations defining sustainable business practices, especially regarding environmental and nature protection. In the real estate sector, energy and eco-efficiency measures and the related reporting, in compliance with the appropriate taxonomy, will increasingly direct funding towards properties that support sustainable development in the future.

Real estate investors and financiers increasingly demand that real estate development aligns with sustainable development principles and metrics. The key is to ensure the long-term sustainability of properties, which Trevian addresses by tailoring customized solutions for each property. The hybrid power plant concept is a significant step towards operational carbon neutrality while also reducing maintenance costs.

Trevian possesses extensive knowledge in the fields of economics and technical real estate asset management. Our analyses consider the macro-level economic environment, future trends, and legislative changes. Additionally, we highly value the customer experience of the property and its users. This provides a comprehensive understanding of the properties, the wishes and needs of stakeholders, and allows us to choose the right strategy for each property.

Although the spread of remote work has affected the occupancy rate of offices, there is always strong demand for the most desirable locations. Pitäjänmäki has long been among the challenging districts in terms of the use of office properties. As for Move, the occupancy rate has increased strongly. The foundation for this lies in our firm commitment to developing the property.

Renewal is essential because the comfort, functionality, and representativeness of the work environment, as well as the versatility of restaurant and wellness services, which meet the requirements of today's office worker, are increasingly important distinguishing quality factors for both companies looking for office space and real estate investors. Move is a modern and attractive option for those looking for high-quality office premises considering responsibility and well-being aspects.

We are happy to take part in creating a homelike, cozy meeting place in the Move office property. Sustainability and well-being are the most important cornerstones in our operations.

Our new office hotel in Erottaja2 opens one of Helsinki's most beautiful office buildings for small companies and private entrepreneurs. We want to offer a place where working is efficient and comfortable, and where employees feel good. We invest in the well-being of our community and a pleasant working environment.

It's great to be involved in developing this concept with a renowned operator. Hybrid work has increased interest in flexible workspace solutions, and the city center as an office location has remained attractive. Office hotels offer the opportunity for self-employed people, small companies, and freelancers to be part of a larger community, and they can also serve larger companies as hubs or additional capacity. The cooperation with VillageWorks complements Erottaja2's space and service selection. Erottaja2 is now able to cater for smaller companies too.

We warmly welcome VillageWorks to Erottaja2. Erottaja2 is a very prominent building in Helsinki with a lot of history and we have been proud to develop and restore it back to its former glory. A community operator like VillageWorks is a great addition to the existing tenant mix at Erottaja2 and will complement the existing and future tenants very well. We look forward to seeing VillageWorks open their new flagship office location.

Adding family housing in the Kallio area is necessary for the development of the city centre. Strategically, this is the general direction many major cities are taking.

We have added significant value to the property through the successful plan alteration. The cooperation with the authorities of the city of Espoo has been positive and constructive; we achieved the result and goals we anticipated.

Our development project will create a vibrant, community focused place to live in the heart of Tapiola that complements the architecture of Finland’s best-known garden city and takes into account the national landscape.

We are proud that we were able to facilitate the completion of the transaction. In the future, our goal is to increase the portfolio even further, and buy more assets of similar characteristics.

Amidst the challenges of the general market situation, we establish a new and important relationship with Partners Group through this transaction, further strengthening our position as Finland's leading commercial real estate asset manager.

We have been actively targeting the logistics sector across Europe and investing in select opportunities in strategic growth locations. The way we work, live, and consume is fundamentally changing and is increasing the demand for logistics occupiers in Finland, an export market relying on logistics to support its key economic industries.

Effective solutions and measurable energy-saving and economic benefits prove that we have succeeded in Spektri's asset management. Furthermore, the BREEAM certification confirms the development activities' sustainability and sets the requirement for their continuous evaluation. At Trevian, we consider property sustainability certification the standard for our operations.

Concrete results have already been achieved. The impact on the carbon footprint is already significant in the first years: total emissions in the first quarter of 2022 were up to 450 tonnes lower than in the corresponding period in 2020.

Environmental responsibility is increasingly a criterion for our customers when choosing office space. In addition, transparent monitoring of the carbon footprint on the premises is essential for companies to implement their environmental strategy. With the BREEAM certification, we can better support our customers in achieving their sustainability goals.

Corporations have a significant role to play in mitigating climate change. At Bayer, we want our growth to be both ecologically and economically sustainable and have reduced our carbon footprint by as much as 89 percent in three years, for example, by switching entirely to renewable energy at our Turku production plant. The chosen solutions at the Espoo office premises also contribute to achieving our sustainability targets.

Monitoring the carbon footprint throughout the value chain is an integral part of evaluating the measures taken. Trevian's role is to support companies like Bayer in their climate targets through sustainable office space solutions. Economic growth and sustainable development are mutually reinforcing; sustainability must be a joint responsibility of all industries and a visible part of each company's individual business strategy.

Trevian's approach of taking overall responsibility for the development and management of the property has been highly praised by investors. As a result, Duetto's development project and the subsequent transaction exceeded our expectations.

The goal in Duetto was to improve the occupancy rate and increase attractiveness. The renovations were carried out to a high quality while maintaining cost efficiency and respecting green values.

We continue to believe in offices, and the winners in this space will be the modern, flexible, and well-located properties with strong sustainability credentials. Duetto Park clearly falls into this category.

Trevian has a strong track record of office development, and this project gives us a great opportunity to enter a new district in Helsinki. We are pleased to add The Finnish Municipal Foundation to our clientele, strengthening our connections to municipalities.

Trevian serves the international investors as their local partner and therefore it’s extremely important that we participate in the local area development, creating a pleasant environment for all residents and businesses alike.

Key elements of the development plans are to enhance comfort and practical functionality and by the changes in external structures create an enjoyable visual experience. We want to work together with Helsinki city towards a lively district with variation of municipal, business and residential users.

Trevian’s excellent knowledge of real estate made it a natural acquisition for us.

Trevian Funds AIFM will get a strong new owner, ensuring the continued growth of the company. Trevian's real estate expertise and Mandatum's strong position in the capital markets guarantee excellent success in the real estate investment market.

The transfer of the business to Mandatum Asset Management will enable the strong growth of our real estate fund business also in the future and offer our team a vantage point in a prestigious group.

For Tristan, maximizing energy efficiency is a crucial goal, including at sites in Finland. Spektri has been a high-priority project executed with technically innovative solutions. The pilot project, coordinated by Trevian, has been a good model from the owner's perspective, demonstrating a combination of local cooperation as well as energy and cost-efficiency.

Improving energy efficiency is vital from both an environmental and cost perspective. However, it is a priority for Trevian to ensure tenants' well-being in our premises. The energy project helps our customers achieve their own climate goals and improve the indoor working conditions.

Although office work has been in a state of emergency almost throughout Europe, we have taken Duetto forward even more effectively than planned. The business park's location along important highways, outside the downtown area, has played a significant role in its success.