Peab rebuilds office building into homes in Helsinki

Peab has been commissioned to convert an old office building into homes in Helsinki. The customer is SL-Yhtiöt Oy and the contract is worth EUR 19 million.

The property which will be renovated and converted to apartments is an eight story office building from 1953 that was in use until the end of 2019. The project comprises building 58 apartments, two commercial spaces and three office areas as well as a garage and common areas for residents. The building’s lighter structures, facades and roof as well as building technique will be upgraded to current standards.

“We’re very proud to take on this project and convert an existing property into homes for residents of Helsinki. This particularly good from a climate perspective,” says Marko Rinkinen, Region Manager Peab Finland.

The project is a turnkey contract. Construction starts soon and the project is expected to be completed in January 2025.

The project will be order registered in the second quarter 2023.

For further information, please contact:

Marko Rinkinen, Region Manager Peab Finland, +358 40 767 6160

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

BoBusiness peab hietalahdenranta aluevisualisointi 02

Marko Rinkinen



Our website contains cookies. A cookie is a small piece of data (text file) that a website - when visited by a user - asks your browser to store on your device to remember information about you, such as your language setting or login information.

These cookies are set by us and are called first-party cookies. We also use third-party cookies - which are cookies from a domain other than the domain of the website you are visiting - for our advertising and marketing efforts. More specifically, we use cookies and other tracking techniques for the following purposes:

  • Absolutely necessary cookies
  • Performance cookies
  • Functional cookies

According to the Electronic Communications Act, everyone who visits a website with cookies must be informed that the website contains cookies, and what cookies are used for.
The visitor must also consent to the use of cookies.

See which cookies are used and change cookie settings.