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Campus Oulu allows us to extend our infrastructure capabilities into next-generation AI and high-performance computing while continuing to support our existing customers and services across the Nordics.
The project is designed around phased expansion and operational flexibility, allowing infrastructure growth to align closely with customer demand and long-term investment planning.
This agreement is an important milestone in Trevian’s broader infrastructure strategy. The combination of existing infrastructure, power availability and scalable development capability creates a highly competitive platform for digital infrastructure operators seeking long-term capacity in the Nordics.
Together with Glesys, we are building an environment designed to support growing demand for high-performance and energy-efficient digital infrastructure in Finland and across Europe.
Our focus is on continuously developing our properties to serve tenants and local demand. At the same time, improving energy efficiency and sustainability is essential to securing strong long-term returns and maintaining the attractiveness of our assets.
By combining these development areas, we are able to create a unified platform that emphasizes redundancy, availability and scalability. This provides operators with a highly competitive environment. In a market where access to capacity and infrastructure readiness are critical, particularly for advanced digital applications, the Oulu region stands out clearly.
This is an exceptionally strong development platform in the Finnish context. We are able to offer operators and investors a ready-to-scale environment that combines location, infrastructure and future capacity potential. This creates a solid foundation for long-term value creation.
Infrastructure is one of the most attractive and fastest-growing asset classes today. The appointment of Mika Alanko is an important step in executing our growth strategy. He brings valuable experience in demanding development projects and international transactions, which strongly supports the continued expansion of our infrastructure business.
Infrastructure plays a critical role in shaping future societies. Data centers, energy solutions and social infrastructure combine investor return objectives with essential societal needs. I am excited to join Trevian at this stage and contribute to further developing its platform together with the team and its clients.
Successful pre-leasing confirms a strong market signal. Family rental housing that meets today’s standards is in genuine short supply in the capital region, creating an attractive and structurally resilient segment for investors.
This family rental housing investment in the Greater Helsinki residential market represents a meaningful milestone for us. It has been rewarding to see how well the homes have met the needs of families, particularly in terms of location and everyday functionality.
We set high standards and Toivo Group has delivered to an exceptional level. All handovers were completed with zero defects, and we are very satisfied with the quality of execution.
We have worked long-term to ensure that Hehku and Pilke offer companies more than just office space – they provide a functional, modern, and collaborative work environment. Successful leasing is above all about activity, commitment, and understanding the customer’s needs.
When searching for new premises for our staff in Vantaa, we were primarily looking for a dynamic workspace where our employees would enjoy working, located with excellent transport connections and smooth services. This allows us to focus on our core business. Plaza Business Park meets these expectations well, and we look forward to the relocation.
The decision to establish our Finnish office at Plaza was made quickly. The team understood our needs and helped us find a space solution that supports our international growth strategy. The proximity to the airport makes it an ideal location.
Trevian’s success at Plaza demonstrates that active and customer-oriented office leasing delivers results even in a demanding market. It highlights that well-managed and high-quality Finnish assets can continue to offer investors stable returns despite market challenges.
A property without a future user has no value. We are building on the strong foundation established by Sagax, with a shared focus on ensuring that every asset is given a clear and sustainable purpose – commercially, operationally and societally. The Oulu facilities previously occupied by Nokia are an excellent example of how we combine analysis, market insight and the ability to innovate.
Our goal is to ensure that the site continues to play a meaningful role in the region’s economic landscape and evolves to meet future needs. Trevian’s expertise and local networks create excellent conditions for this next chapter.
Close cooperation between our business units strengthens our promise to provide comprehensive service to our customers. N35 was the natural choice of location – some of our units were already based there, and its position by the Tampere bypass is ideal for us. Logistics work smoothly, there’s plenty of space, and the area’s services fit our needs perfectly.
This project showed that when determination and execution meet, something truly lasting is created – and it provides a solid foundation for future projects together with Trevian.
The portfolio’s ESG improvements demonstrate our commitment to long-term, measurable sustainability goals. We are proud of the progress and remain dedicated to creating resilient, responsible properties.
Integrating sustainability into every aspect of asset management delivers real value for tenants, visitors, and investors alike.
Oulu is Trevian's second hometown, and it is great to be involved in developing its vitality and the experiences it offers to city residents with this project. The future of Oulu is important to us, and we want to do our part to promote societally significant projects through our real estate expertise – in Oulu, Helsinki and across Finland.
The Experience Arena will provide modern facilities for sports, culture, and community activities – in a sustainable and responsible way. This is a great continuation for Trevian in the growing arena sector, following the successful Veikkaus Arena project in Helsinki.
We thank the City of Oulu for the trust placed in our Raksila 2.0 business consortium and for the interesting and cooperative competition process that has lasted for about 1.5 years. Although the main focus of the competition has been on the plans, conceptualization and economic modelling of the future Oulu Experience Arena, our proposal also serves as a starting point for the wider urban development of the center of Oulu.
The reopening of Veikkaus Arena demonstrates that even the most challenging projects can be successfully executed with expertise and persistence. We are proud to return this iconic venue to public use.
This project is an excellent example of the full lifecycle of a real estate investment. First, the right property and its potential are identified, a realistic yet ambitious plan is developed, a suitable user is secured, investors are engaged, the transaction is executed, and necessary improvement investments are made to bring the property into full use. Each step requires deep expertise, long-term commitment, and trust, the very elements that define Trevian.
The Helsinki Arena project demonstrates how Finnish real estate expertise and international structuring can combine to deliver outcomes that benefit society as a whole.
Trevian’s expertise is highlighted in customized energy efficiency solutions that promote both sustainability and cost-effectiveness. Our goal is to minimize the property's carbon footprint and provide our tenants with the most environmentally friendly workspace solutions possible.
It is great to see concrete improvements in energy efficiency. The Iso Paja project provides valuable insights that we can apply to our other properties. The savings in both energy consumption and euros have already been significant during the first three months.
The launch of the hybrid power plant and the BREEAM Excellent certification are the result of long-term development work and a strong commitment to environmentally friendly solutions. We are proud of this achievement and will continue our efforts to promote sustainability at Iso Paja.
The year 2024 was significant for Agore in terms of both financial performance and our sustainability efforts. We have demonstrated that consistent development, responsible practices, and strong local collaboration lead to sustainable growth, reflected not only in our business success but also in the well-being of our communities and positive environmental impact.
In 2025, Agore will continue to develop its operations in close collaboration with tenants and local partners. Investments will focus on commercial renovations, tenant improvements, and upgrades that enhance sustainability and technical performance. Our goal is to further strengthen the role of our properties as integral parts of vibrant city centers.
We are thrilled about this transaction. With Skanssi, we can strengthen our presence in Southwestern Finland. Skanssi offers a prime location, a diverse customer base, and is in excellent technical condition. We see great potential to further enhance Skanssi’s role as a dynamic shopping and business hub in the Turku region. We are also committed to advancing the shopping center’s ESG initiatives.
Skanssi’s commercial development will focus on strengthening the tenant mix, fostering tenant relationships, and refining the overall user experience.
This acquisition symbolizes Swiss Life Asset Managers’ goal to further grow in Finland across all property segments, as we continue to look for more investment opportunities in the Finnish market in the near future.
We are excited to announce Live Nation as the operator of this iconic venue. This agreement is a key part of Trevian’s strategy to enhance the property’s long-term value, and our collaboration with Live Nation is essential to realizing that vision for Helsinki Arena. We have also created comprehensive business and investment plans to ensure the arena’s sustainable value development.
We are thrilled to reopen the arena and bring world-class entertainment back to Helsinki in partnership with Live Nation. Our vision is to blend the energy of Rock 'n' Roll with sustainability, transforming the arena into a premier venue and a model of energy efficiency through strategic investments.
The negotiations lasted more than two years and proceeded in a spirit of cooperation. Despite the challenging circumstances, all parties shared the common goal of bringing Helsinki Arena back into operation.
The business environment for this transaction was challenging due to the EU sanctions legislation and the national Enforcement Code that had to be carefully considered. The broader real estate market slowdown has also stalled many transactions. A wide network of authorities was involved in the process, which required expertise, problem-solving skills, and perseverance. The contribution of advisors has been particularly significant in this context.
Exciting news! With this transaction, we can finally reopen the arena for events. The three-year closure has significantly limited our ability to host sports events, concerts, and corporate events in Helsinki. Reopening the arena will have a tremendous impact on major events and cultural life, as well as on the economy and attractiveness of Helsinki and the entire country. Additionally, it will contribute to the development of the local service sector.
We are exploring other locations in Finland for multi-purpose arena projects that can benefit local economies and cultural offerings. Developing socially significant properties in Finnish cities is a key area for Trevian.
ELIXIA Pitäjänmäki provides our customers with a wide range of exercise opportunities. We offer nearly 100 group exercise classes each week, which is an exceptionally high number. Thanks to effective collaboration and excellent facilities, we will also relocate our head office to Move's premises.
Well-being and sustainability are the primary operational goals at Move. Utilizing ELIXIA's services directly in the workplace offers a significant advantage for our tenants. Our partnership with ELIXIA enhances both the workplace well-being of companies and the overall well-being of individuals.
The goal is to continue this development and create an environment that supports both physical activity and well-being at work.
Finland has an exceptional potential for implementing large-scale infrastructure projects. These projects align perfectly with Trevian's strategy, as energy management related to real estate and socially significant investments are at the core of Trevian's strategic focus. Jukka-Pekka Joensuu's expertise in the field adds substantial value to Trevian.
In the next five years, the capacity of Finnish data centers is expected to multiply. Finland excels in implementing safe and functional data centers, and the country is large, stable, and strategically close to central locations of the European economic area. This is an important and topical business area on which I am happy to work with Trevian.
Over the years, we have diligently worked to enhance sustainability measures and operational transparency in the properties we manage. The sustainability measures implemented and ongoing reporting improvements facilitate proactive administration and real estate management; BREEAM certificates are shaping the future direction of Agore Properties.
The Agore shopping centres have achieved the 'Very Good' certification level, showcasing our dedication to meeting modern standards through continuous sustainable real estate management. However, at Agore, our objective goes beyond mere compliance; we strive to build a high-quality and sustainable future locally in each city where we operate. Agore Properties also aims to obtain similar certifications for our other shopping centres in various Finnish cities.
The hybrid power plant project is a key component in Trevian's ESG roadmap. It represents a positive challenge that showcases how innovative technology solutions can transform existing properties to utilize renewable energy. We customize the right solution for each property to ensure the effectiveness of the selected ESG measures.