Siirry suoraan sivusisältöön


Premises and Land


Picture: Santa's Technology Park close to the airport


Rovaniemi has a great variety of premises for office, production and selling purposes. In addition, as Europe’s largest city by land area, there is space to build on. We suggest the following contacts:

Rovaseudun Markkinakiinteistöt Oy is owned by Rovaniemi City. It develops and leases premises to companies located in Rovaniemi.
Ainonkatu 1, 3rd floor 96200 Rovaniemi
Tel: +358 20 152 5090


The following text is from Business Guide 2008, produced by Invest in Finland:

Real Estate Deals in Finland

Real estate in Finland can be owned either directly, or through shares in a housing or real estate company. In legal terms, owning real estate directly means owning either the land, or the land and the buildings on it. It is also possible to own only the building and have a long-term lease agreement with the landowner, typically the municipality. Direct ownership and land lease agreements are registered with the Land Register maintained by local courts.

Transactions with real property are official legal acts that have to be carried out according to a specified procedure. These transactions are public by nature and are registered and published by the National Land Survey of Finland. In some cases defined in legislation municipalities have a pre-emptive right to real property transactions, but they seldomly apply this right.

In practice, it is very common for property ownership to be organised through a limited company (a real estate/ housing company) founded for the sole purpose of owning the property. In these cases, the legal owner of the real estate is the limited company, which may have one or several shareholders. The shares may be connected to a specific apartment/amount of space in the property, entitling the shareholder to physical control and occupancy of these premises. These types of company are called mutual real estate. This form of ownership is commonly used in both residential and commercial properties.

Rental practices

Rental practices in the Finnish commercial property market are varied, and the liberal legislation regulating them gives the parties lots of freedom in agreeing on the terms. A common term in Finnish lease agreements is “until further notice”; an indefinite contract is valid until either the tenant or landlord wishes to terminate it after an agreed notice period, which might be three, six or 12 months, typically. These indefinite lease terms are especially popular in smaller office units, but are widely used in other property types as well.

For larger units, longer fixed-term agreements are commonly applied. For a purpose-built, single-tenant office building, a net lease of ten years or more is common. The need for corporations to outsource operational property assets has brought innovations in traditional saleand- leaseback agreements, which are mostly financial deals by nature. Agreements in large single-tenant buildings often have lease terms of up to 20 years. The terms of this kind of agreements are also driven by accounting issues.

Further information: www.investinfinland.fi