Residential Construction: Museokatu 18
Museokatu 18, 00100 Helsinki
Premico the transformation of a prestigious Etu-Töölö property into high-quality rental apartments
The Jugend-style building in Etu-Töölö, completed in 1914, changed ownership in 2021, after which its intended use was modified – the former apartment hotel’s 43 rooms were converted into 37 high-quality rental apartments.
In this demanding renovation project:
- apartment layouts were modified to improve lettability
- the former hotel reception area was converted into a commercial unit
- tenant alterations were carried out in a large commercial space
- the lifts were refurbished and one lift was fully replaced
- all surfaces, bathrooms and kitchens in the apartments were renewed
- building services were partially renewed and modernised
Premico carried out a technical condition assessment of the property and, based on that, prepared a project plan and investment budget prior to the acquisition by a fund managed by Morgan Stanley.
Project information:
Client: Morgan Stanley Real Estate Investing (MSREI)
Owner: Prime Property Fund Europe
Project Management and Supervision: Premico Construction Management
Scope: Residential floor area 1,648 m², commercial premises 293 m², utilised building right/gross floor area 2,924 m²
Completion: 2022
Apartment Leasing: Premico Kodit
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For more information, please contact:
Tuomo Lindstedt
Director, Construction Management
+358 50 330 4422
tuomo.lindstedt@premico.fi
Eetu Järvinen
Project Engineer
+358 44 070 2901
eetu.jarvinen@premico.fi