UPM to build new head office in Helsinki
Dec 13 2011 UPM builds a new head office in the center of Helsinki. The building will be owned by a real estate company, while UPM will be a long-term tenant.
Helin & Co Architects won the design competition arranged for invited participants. The new building represents Finnish design, and its space and greatly demonstrates the use of UPM products and wood as construction material.The new five-storey building will be nearly one third smaller than the current head office. The operating costs of the new office will be annually nearly two million Euros lower than those of the current head office. The office provides premises for around 400 people.“The business cycle is now favourable to us. We have agreed with the constructor, YIT Corporation, that we start the construction work in the beginning of 2012,” says Kaj-Erik Lindberg, Vice President, Real Estate, UPM. /AA