On 24 May 2023, SRV GROUP PLC announced that it had reached mutual understanding on the main terms of a project management contract for a large office tower in Keilaniemi with a consortium formed by Ilmarinen Mutual Pension Insurance Company and HGR Property Partners Oy. As announced, the commencement of construction works was conditional on the actualisation of the customary investment preconditions for property development projects, and the client consortium's final project decision. On 16 November 2023, the client consortium confirmed to SRV that the preconditions for starting up the project had not been met in the target schedule and that thus the project will not proceed as planned.