Gigahermia is located in Hervanta, close to the Tampere University of Technology. Commuters can easily reach the university campus using public transport. The upcoming tramline will further improve the area’s accessibility. Several lunch restaurants, a grocery store, a medical centre are located within walking distance. Gigahermia offers a multifunctional space that allows for a range of options. The property has four floors, each of which has an area of 1,350 m². It is possible to combine the separate floors, creating premises for a larger company as well. For more information visit toimitilat.varma.fi/gigahermia and come take a look!
Contact: Juhani Mäkelä, Real Estate Manager, tel. +358 50 062 1014, firstname.lastname@example.org.
Varma is a major real estate investor
Our real estate investments include, in addition to direct real estate investments, domestic and international real estate funds. We also consider it important to offer quality rental flats at a reasonable price, especially in growth regions.
As a real estate investor using its own equity, Varma has made major real estate investments and supported the progress of several real estate projects and will actively continue to develop properties under its ownership and convert them, for example, for residential use. Through these actions, we play a key role in supporting Finnish industry and trade and employment.
Varma's direct real estate investments are located in Finland. The assets are diversified according to types of premises and geographical location. In addition to rental flats, the portfolio includes all types of business premises, with the greatest weight on office and retail premises.
The value of international and Finnish real estate fund investments amounted to EUR 805 million on 31 December 2017, and the return between 1 January and 31 December 2017 was 12 per cent. The value of international real estate fund investments was EUR 664 million. Most of our real estate investments, i.e. nearly 80 per cent, are focussed on Finland.
Most of our international investments take place through diversified real estate funds, which are complemented, for example, by project-specific funds and co-investments. Our international investments focus on Europe’s largest real estate markets – the UK, France and Germany – and on Sweden.
High occupancy rate in real estate portfolio
After the fourth quarter, on 31 December 2017, Varma had 120 flats under construction in the capital region. Several building and development projects are also in the pipeline. In terms of investments in business premises, the focus is on developing, maintaining and renovating Varma's directly owned premises.
The occupancy rate for business premises has remained at a good level with a 7 per cent vacancy rate on 31 December 2017.
We let diverse business premises that meet the needs of companies of different types and sizes. We own a total of around two million square metres of lettable property, more than half of which is office and commercial premises. Approximately 60 per cent of the real estate is located in the Helsinki Metropolitan Area. Varma owns 4053 rental flats, 60 per cent of which are in the Helsinki Region.