19.8.2022

Varma – Central Pasila’s office and commercial premises

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Real Estate Investments & Transactions

We advise Varma in an office building project where Varma creates office and commercial premises in Central Pasila’s new Tower Area. The building will house over 3,000 office work stations as well as restaurant and commercial premises to be used by tenants and other people in the nearby area. The lettable floor area will be 43,000 square metres in total. The main tenant will be Elisa. The project is expected to be completed in 2026.

Varma’s goal is to achieve an entirely carbon-neutral real estate investment portfolio by 2035. Varma’s environmental sustainability targets and circular economy guidelines for construction will be taken into account in planning the Central Pasila office building. When the building is complete, the highest BREEAM environmental certification (BREEAM Excellent) will be sought for the building.

Varma is one of Finland’s largest real estate investors, with real estate assets worth approximately EUR 5.2 billion. Varma has some 80 commercial properties and roughly 4,200 rental apartments throughout Finland. The Central Pasila project is one of Varma’s largest office building projects ever.

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