24.5.2021

NREP – Noli Studios Project in Herttoniemi

We are advising NREP in their new Noli Studios project consisting of a new-build serviced living site in the Herttoniemi residential area of Helsinki. When completed, the project will strengthen the provision of flexible living solutions in an emerging urban area.

‘Emerging urban areas have a need for different housing and living solutions. Areas with good transport connections in particular are developing strongly and increasing their attractiveness, such as Herttoniemi on the metro route. It is great that we at NREP can be involved in this development’, says Petri Valkama, a partner in NREP.

Developed by NREP in Finland, Noli Studios has grown into a major player in the industry in about 1.5 years, responding to the growing need for new living solutions with urbanisation, and uniquely combining the comfort of your own home with hotel-level services.

The project is expected to be completed in spring of 2023.

Latest references

United Bankers – Sale of three care properties
We advised United Bankers on the sale of three care properties to Kinland AS. The buildings were completed between 2021 and 2022 and meet high technical and environmental standards. All three properties are fully leased. The portfolio has a weighted average unexpired lease term of 13 years.
Case published 1.6.2026
We are advising Terrieri Kiinteistöt Ky and A. Ahlström Kiinteistöt Oy in the sale of a modern production and logistics building complex to Swedish property investment company Catena AB. We are also assisting S-Bank Building Plot non-UCITS Fund which in connection with the transaction, has agreed to sell the land area where the building complex is located to Catena AB. The building complex located in the immediate vicinity of Helsinki-Vantaa Airport was completed in 2021 and comprises approximately 23,260 square metres of leasable area, fully leased to Cramo Finland Oy. The approximately 140,000-square-metre plot offers additional long-term development potential in the form of approximately 45,000 square metres of additional building rights.
Case published 21.5.2026
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Case published 10.12.2025