Peab completed Ultimes Business Garden I in 2016 and it is now fully occupied with several renters, in addition to Peab which maintains its Finnish headquarters there.
The second office building, Ultimes Business Garden II, will be seven-stories high with rentable office space of around 7,900 square meters and 150 parking spaces.
Construction has begun and the building will be ready in the beginning of 2019. Peab intends to develop a total of six office buildings in the area over time, comprising some 50,000 square meters. Peab will invest EUR 30M in the office building.
“We are very happy to begin construction on the second office building in the area. There is a good demand for modern, space-efficient premises, an area where our Business Garden concept is proving successful,” says Göran Linder, BA Manager Project Development.
Peab Creates Offices in Helsinki
Finland — Peab has begun the construction of its second office building in Pitäjänmäki in Helsinki.
Maria Olsson Äärlahtmaria@nordicpropertynews.com