Hemsö develops new school in city centre of Helsinki
Hemsö has been awarded a lease agreement by the City of Helsinki in a public procurement. The city will rent premises for two upper-secondary schools for the arts in Helsinki. An extensive redevelopment will be carried out on the property at Siltavuorenpenger, which Hemsö acquired in 2021. The lease agreement has a 15-year term, and the lettable area is 5,000 square metres.
Hemsö, in partnership with the City of Helsinki, will develop new premises for the Visual Arts School of Helsinki and Kalio Upper Secondary School at Siltavuorenpenger in the Kruununhaka district in Helsinki.
“Offering modern, first-class premises to current and future students of the arts is important to us. For example, we previously refurbished the premises of the University of Arts in Helsinki and developed new premises for the Joensuu Conservatory of Music and Gaudia Upper Secondary School in Lahti, all of which focus on studies in the arts. We are now taking those experiences with us into this development project. We are looking forward to continuing our excellent partnership with the representatives of the city,” says Tino Raatikainen, Project Developer at Hemsö.
“The current premises of the school for the arts are no longer sufficient. We were looking for a reliable, established partner to develop new premises, and Hemsö fulfilled our criteria well,” says Juha Aaltonen, Project Manager for the City of Helsinki.
In this re-development, the premises will be upgraded with the latest technology, and the inner courtyards will feature bicycle parking and spaces for outdoor learning. The energy efficiency of the buildings will also be improved and modernised to meet current requirements.
The first phase of the development project will be completed in the summer of 2025 and the second phase in the summer of 2026.
Hemsö owns approximately 150,000 square metres of educational property in Finland.
For more information, please contact:
Jarkko Leinonen, Head of Region, Finland +46 8 501 170 51
Åsa Thoft, Head of Communications +46 8 501 170 57
Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 85 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.
