Wereldhave N.V.: New generation of cinema to open in Itis

Wereldhave Finland has reached an agreement with Finnkino to open a 9 screen cinema in its shopping centre Itis in Helsinki, Finland with an anticipated opening at the end of 2018. The cinema with a unique concept for Finland will be the first in East Helsinki and it will be an excellent addition to the leisure offer at Itis.

Finnkino is the market leader in Finland with 98 screens in 14 cinemas in 11 cities. Finnkino is part of Nordic Cinema Group, the market leader in the Nordics, with 469 screens in 6 countries, amongst which is the recently opened cinema in the mall of Scandinavia in Stockholm.

"This is good news for Wereldhave, as it will change the entire nature of Itis shopping centre, adding to the attractiveness of the centre and creating a solid basis to further improve the food and beverage and leisure offer. It will clearly enhance Itis's status as the leading shopping centre in Finland", says Dirk Anbeek, CEO of Wereldhave.

"Our estimate is that footfall of the centre will increase with at least 500,000 visitors per year, which will reach 17m visitors at the end of 2016", says Director of operations Richard Belt at Wereldhave Finland Oy.
"We are very excited to be opening a new state of the art cinema in the Itis shopping mall. We see large potential in the Eastern part of Helsinki and we are planning a totally new generation of cinema", says Veronica Lindholm, CEO of Finnkino.

Information for the press:    
Richard W. Beentjes
E richard.beentjes@wereldhave.com
T + 31 20 702 78 37

Veronica Lindholm
E veronica.lindholm@finnkino.fi
T +358 40 676 3443

Richard Belt
E richard.belt@wereldhave.com
T +358 40 664 5999

Information for analysts:
Jaap-Jan Fit
E jaapjan.fit@wereldhave.com
T + 31 20 702 78 43