Hines appoints Trevian to develop lease operations in Helsinki CBD - Kasarmikatu 21 addresses the city’s most vital demand for office space
Hines has appointed Trevian Asset Management Oy to develop the lease operations of the Kasarmikatu 21 office building located in Helsinki. Currently, the largest corporate accounts of this LEED Platinum-certified property are Roschier and Danske Bank. The first new office building of the millennium in Helsinki's central business district has particularly attracted the finance and asset management industry as well as law firms.
Hines is one of the world's largest privately owned investment, development, and property management firms, with USD 93.2 billion in assets under management. The acquisition of Kasarmikatu 21 marked the firm's entry into the Finnish market in 2017. The 7-storey office building of approximately 16,000 square metres was constructed with LEED Platinum certification and was the first new office development in the heart of Helsinki in three decades.
The main tenants of the office building are the leading Nordic law firm Roschier, Attorneys Ltd. and Danske Bank. Additionally, the listed Nordic equity fund company Taaleri Plc and the Finnish equity investor Sentica Partners Oy have their headquarters in the office building.
– Kasarmikatu 21 stands out in the downtown area for its blend of quality and modernity while preserving the historical value of the nearby properties. Notably, the property holds the highest LEED environmental certificate at the Platinum level, reflecting its commitment to sustainability, says Business Director Elisa Loitto of Trevian Asset Management.
– We look forward to working with Hines to enhance customer relationships at Kasarmikatu 21. The Helsinki central business district remains a prime location for office space demand, and K21 is an environmentally conscious building that offers modern, flexible, and bright office spaces designed to meet companies' sustainability requirements, says Outi Kymäläinen, the property's asset manager at Trevian Asset Management.
For more information, please contact:
Elisa Loitto
Business Director
Trevian Asset Management Oy
+358 50 390 1581
elisa.loitto@trevian.fi
Outi Kymäläinen
Asset Manager
Trevian Asset Management Oy
+358 400 311 149
outi.kymalainen@trevian.fi
Trevian Asset Management is a Finnish real estate investment and asset management company focused on commercial and residential real estate, owned by its key personnel. We offer full-service asset management and structured investment services throughout the whole investment lifecycle. The services are focused especially for institutional real estate investors, banks, and other professional investors. Trevian’s assets under management is 1.2B€. www.trevian.fi/en
About Hines
Hines is a global real estate investment, development, and property manager. The firm was founded by Gerald D. Hines in 1957 and now operates in 30 countries. We manage a $93.2B portfolio of high-performing assets across residential, logistics, retail, office, and mixed-use strategies. Our local teams serve 857 properties totaling over 270 million square feet globally. We are committed to a net zero carbon target by 2040 without buying offsets.
To learn more about Hines, visit www.hines.com and follow @Hines on social media.
