What's a typical lease term in Helsinki?

5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.

How is rent quoted in Helsinki?

In EUR/sqft/year. We also publish a USD-normalised view ($470/sqft/yr) for cross-market comparison.

Finnish double-net structure: tenant pays vastikkeet (operating charges) and CPI-indexed annual reviews.

Typical lease length: 5 years.
Typical rent-free: 8 months.
Vacancy: 14.2%; trend softening.
Finnish double-net structure: tenant pays vastikkeet (operating charges) and CPI-indexed annual reviews.

Helsinki office lease norms

Finnish double-net structure: tenant pays vastikkeet (operating charges) and CPI-indexed annual reviews.

TL;DR

Typical lease length: 5 years.
Typical rent-free: 8 months.
Vacancy: 14.2%; trend softening.
Finnish double-net structure: tenant pays vastikkeet (operating charges) and CPI-indexed annual reviews.

Structure

Finnish double-net structure: tenant pays vastikkeet (operating charges) and CPI-indexed annual reviews. 3-7 year terms standard with break options. Rent-free of 6-12 months on 10-year terms plus EUR 200-400/sqm TI typical.

Negotiating levers

Free rent and TI remain the most negotiable line items; landlords prefer concessions to face-rent cuts because they preserve headline rent and implied valuation. Always model effective rent (face minus PV of concessions).

Key facts

city	Helsinki
country	Finland
region	EMEA
classARentLocal	432 EUR/sqft/yr
classARentUsd	$470/sqft/yr
vacancy	14.2%
typicalLeaseYears	5
typicalRentFreeMonths	8
submarkets	5
primeYieldPct	5%

Frequently asked questions

What's a typical lease term in Helsinki?: 5 years for institutional Class A. Shorter terms are achievable on smaller floor plates with stronger covenants.
How is rent quoted in Helsinki?: In EUR/sqft/year. We also publish a USD-normalised view ($470/sqft/yr) for cross-market comparison.

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

CBRE Marketview reports — CBRE
JLL Office Insight — JLL
Cushman & Wakefield Marketbeat — Cushman & Wakefield
Savills World Research — Savills
Colliers Global Office Outlook — Colliers

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