JLL advises the City of Helsinki on the sale of the iconic Kappeli property in Helsinki CBD

HELSINKI 01.06.2020 - The City of Helsinki is entering an agreement to sell the iconic Kappeli property. The property is sold in an open tender process to HOK-Elanto, which has been the tenant at the Kappeli property since 1976.

The Kappeli property is one of the best-known buildings in Helsinki CBD and the landmark property is located in the middle of the Esplanade Park. The oldest part of the property is designed by architect Axel Hampus Dalström and it was built between 1865-1867. Kappeli comprises approximately 1,100 sq m of restaurant premises and a large terrace to the park.

The purchase price is 20 million euros. JLL is acting as the City of Helsinki’s sole commercial advisor in the transaction.


Additional information:

Tero Uusitalo

Co-Head of Capital Markets, JLL Finland

+358 400 103 450



About JLL
JLL (NYSE: JLL) is a leading professional services firm that specialises in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit