Annual report 2017

Watch the CEO’s greetings

University Properties of Finland Ltd’s year in brief

We had one of the busiest years in our entire history in 2017. Our customer base became even more diverse than before. The new tenants at our campuses included, among others, the Touhula day-care centre in Tampere and a primary school in Lappeenranta. We also had several businesses relocate to our campuses. In Tampere, the Kampusareena building reached full occupancy.

The renewal and growth of our organisation continued during the year, ensuring our capacity to effectively respond to customer needs going forward.

We achieved good results in our customer satisfaction survey, with an average score of 3.7 on a scale of 1–5. As many as 98 per cent of the respondents indicated that our role as campus developer is very important or fairly important.


We build and develop campuses into international-level environments for learning and the creation of new knowledge.

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We are responsible for providing our customers with appropriate and safe operating premises. Our sustainable development vision is to own the most responsible campuses in Europe by 2030. We move towards this vision by focusing on environmental, financial and social responsibility.

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GRI index

Key figures

Revenue EUR 150.1 million
Number of properties 247
Total area of properties 1.1 million m²
Investments EUR 116.3 million
Balance sheet total EUR 1.3 billion
Number of personnel on 31 December 2017 35

Financial statements

Our customer base grew and became even more diverse in 2017.

To the financial statements

University Properties of Finland Ltd

We produce and provide to our customers cost-efficient facilities that suit their needs. We must maintain the value of our properties over the long term, which requires effective property maintenance and management of the property portfolio.

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