News

Aalto University releases capital through property sales

The university frees up capital for university’s research, teaching, digitalization and campus development.
Aalto University flags. Photo: Aino Huovio

Aalto University Foundation has divested the properties at Lämpömiehenkuja 2, Lämpömiehenkuja 3, Tekniikantie 3 and Maarintie 6 to eQ Hoivakiinteistöt special investment portfolio on 6 June 2019.

The purpose of the divestment is to free tied-up capital for research, teaching, digitalization as well as campus development. The decision is part of the campus strategy agreed in 2015, according to which the university will focus its activities on the centre of the campus in Otaniemi. The properties are located outside the core campus area. 

Activities in the premises remain unchanged

Aalto University has signed a lease agreement for parts of the premises of Tekniikantie 3 and Maarintie 6. As a result of the lease, Aalto's operations in the premises will continue as normal. Other tenants of the buildings also continue to operate in the properties.

The gross floor area of the properties is approximately 6450 square metres at Lämpömiehenkuja 2, approximately 4020 square metres at Lämpömiehenkuja 3, approximately 3390 square metres at Tekniikantie 3 and approximately 9230 square metres Maarintie 6.

CBRE Finland Oy acted as seller’s advisor. 

More information: 
Antti Tuomela
Managing Director
Aalto University Campus and Real Estate Ltd
tel. 040 719 4007 

Jennifer Eloheimo
Investment Director
eQ Asset Management Ltd
tel. 050 5473 660

  • Published:
  • Updated:
Share
URL copied!

Read more news

Raide-jokeri logo
Campus Published:

Night work at Raide-Jokeri construction site during July

Night work will be done at Raide-Jokeri construction site during July
Crystal Flowers exhibition Collineation Grounds. Photo: Mikko Raskinen.
Campus, Studies Published:

Persistent students created an exhibition combining math and art despite exceptional circumstances

The sheltered courtyard next to the main lobby of the Undergraduate Centre and its dark-red brick, black granite and copper clad façade provides a solid frame for the 2021 exhibition, Collineations grounds.
K3 building in the summer
Campus Published:

Check out the Aalto University Works K3 site online

A Webcam has been installed to the Aalto Works K3 site to follow the real-time situation. The site has been started up during the spring 2021.
Asko ja Else-Maj Harmia Aalto-yliopisto Töölön juhlasalissa
Campus Published:

‘The building designed by my father and Woldemar Baeckman really is magnificent’

Asko Harmia, the son of architect Hugo Harmia, visited the former School of Business building designed by his father and Woldemar Baeckman.