ENGLISH HELSINKI AIRPORT / Projects / Helsinki Airport AIRPORT AREA TAKING OFF The growth of Helsinki Airport area is causing an increasing demand for real estate to support the larger scale of operations. With the aim to develop the existing and future real estate infrastructure in the area, NREP entered a partnership with Pontos Oy in 2018, and today, we own the majority share of LAK Real Estate Oy, which previously was a fully owned subsidiary of Finavia. LAK Real Estate Oy currently have control over large areas at the airport and in the Aviapolis area to develop further. The properties include the Hilton Hotel, the multi-functional centre “TOKE”, and the WTC office tower which are located at the airport. SUPPORTING THE GROWTH OF AVIAPOLIS AREA There are currently about 20,000 jobs in the Helsinki-Vantaa airport area and the number is estimated to grow further. We aim to develop different commercial premises such as hotels, offices, and logistic spaces around the area. Aviapolis is also a strategic development target for the City of Vantaa, and NREP’s involvement with LAK Real Estate will bring significant new resources and capital to the development of the region. The long-term plan for Aviapolis includes developing more than 200,000 square metres of residential, office, and service property over the next decades. The Avia City will hold approximately 6,400 square metres of leasable office space and housing for approximately 2,000 residents. In addition, the plans include a commercial centre to support the daily demands of the residents and new facilities to allow LAK to better respond to the growing office and parking demands of the airport area. PROJECT SUMMARY PROJECT TYPE: Urban development LOCATION: Helsinki airport and Aviapolis area FUTURE PLANS: The long-term plan for Aviapolis includes developing more than 200,000 square metres of residential, office, and service property over the next decades. JANI NOKKANEN Finland jano@nrep.com +358 9 674 410 NREP is a real estate company that invests, develops, operates – and innovates – to make real estate better. info@nrep.com Linkedin Twitter About us News Careers Contact us Investor login Policies © Copyright NREP 2021 All rights reserved. HOW WE USE COOKIES We use cookies to give you the best possible experience of our website. For more detailed information about cookies, read our cookie policy. NECESSARY COOKIES Cookies are needed to provide our basic services, e.g. to check if you can use JavaScript. Our services would not work without these cookies. I GIVE CONSENT TO THE FOLLOWING COOKIES: Analytics cookies Function cookies Accept all cookies Proceed with the selected cookies