SRV has sold the Oulu Torihotelli project to Balder Finland, with construction scheduled to resume in autumn 2025, aiming for completion by summer 2026 ahead of the Oulu2026 celebrations.

Information on the Target

The Oulu Torihotelli project is a significant real estate development located in the heart of Oulu, Finland. This property spans an approximately 6,500 square meter area and is strategically situated adjacent to the market square, enhancing its accessibility and appeal. The project will feature a modern 144-room Scandic Go hotel, which is expected to provide exceptional accommodation options for visitors and residents alike.

In addition to the hotel facilities, the Torihotelli project will include a spacious ground floor that encompasses around 1,800 square meters dedicated to a restaurant and event space, managed by the well-respected local company 2 Fam Group Oy. Aimo Park Finland Oy will oversee parking services, ensuring convenience for guests and patrons of the venue.

Industry Overview in Finland

The Finnish real estate market has been experiencing significant growth in recent years, driven by increasing demand for both residential and commercial properties. The hospitality sector, in particular, has seen a surge in i