JLL acts as Valmet’s commercial and technical advisor in a new office project

Valmet has announced the signing of a lease agreement with real estate management company Sponda on the leasing and construction of an office building in Tikkurila, Vantaa. JLL acted as Valmet’s representative and advisor in the project aimed at designing modern, functional and comfortable premises for Valmet that support the well-being and collaboration of their employees. In the built-to-suit development project the developer builds the leased property to specifications of the tenant. A high-class environmental certificate will be sought for the property. Special attention will be paid in the property’s carbon footprint during its life cycle and in production of renewable energy. The new office building will bring together more than 700 employees for Valmet’s two current office locations.

The construction of the development project is scheduled to start during 2022 and is estimated to be completed in the end of 2024. The new office building will be located in close proximity from the Tikkurila train station at Lauri Korpisen katu 9 and Valmet’s rental area of the property will be approximately 13 000 floor square meters. 

Tatu Silventoinen, Project Development Director, JLL: “In a built-to-suit development project it’s especially important to understand the tenant’s contractual position and set their objectives already in the preparation phase. Valmet’s office project is a fine example of a built-to-suit development project where the occupier’s high expectations were considered when launching the design process. This ensures the new building will meet the tenant’s actual needs later when completed and the project as a whole is prolific for all parties.”

JLL will continue to represent Valmet through the construction process.