Office conversions in Finland could create over 10 thousand new apartments in Helsinki alone

A recent assessment reveals that Finland's Helsinki metropolitan area has approximately 528,000 square meters of vacant office space, with estimates suggesting this could reach one million square meters when considering additional areas. If converted into residential units, this space could yield around 10,560 apartments, assuming an average size of 50 square meters per apartment.

This trend mirrors findings from a study conducted by the ifo Institute and Colliers in Germany,