{"id":18879,"date":"2025-10-08T13:52:39","date_gmt":"2025-10-08T10:52:39","guid":{"rendered":"https:\/\/trevian.fi\/?p=18879"},"modified":"2025-10-08T13:52:40","modified_gmt":"2025-10-08T10:52:40","slug":"trevian-makes-the-impossible-real-estate-transaction-possible-veikkaus-arena-reopens-to-the-public","status":"publish","type":"post","link":"https:\/\/trevian.fi\/en\/trevian-makes-the-impossible-real-estate-transaction-possible-veikkaus-arena-reopens-to-the-public\/","title":{"rendered":"Trevian makes the impossible real estate transaction possible \u2013 Veikkaus Arena reopens to the public"},"content":{"rendered":"\n

After more than three years of closure, Veikkaus Arena, formerly known as Helsinki Arena, will reopen its doors tomorrow. The reopening marks the culmination of a complex, multi-phase real estate transaction that stands as one of the most significant achievements in Finnish commercial property investment. The arena is owned by Trevian Kasvu LP Ky, a real estate investment company managed by Finland\u2019s Trevian Asset Management Oy.<\/strong><\/p>\n\n\n\n

The acquisition and reopening required years of careful planning, exceptional structuring, and even amendments to EU-level sanctions regulations, necessary because the arena\u2019s previous owners were subject to sanctions.<\/p>\n\n\n\n

\u2013  The reopening of Veikkaus Arena demonstrates that even the most challenging projects can be successfully executed with expertise and persistence. We are proud to return this iconic venue to public use, says Reima S\u00f6dervall, CEO of Trevian Asset Management Oy.<\/strong><\/p>\n\n\n\n

The project was initiated by Trevian three years ago under the guidance of commercial advisor, Tuomas Poskiparta<\/strong>, with legal advice provided by Krogerus Attorneys<\/strong>, who played a central role in navigating EU sanctions and securing regulatory approvals. Following an EU sanctions amendment in late 2024, and final regulatory approvals in February 2025, the transaction was completed, enabling the arena to resume operations as Finland\u2019s leading multipurpose venue, strengthened and responsibly managed.<\/p>\n\n\n\n

Event operations at the arena will be handled by VN Helsinki Oy<\/strong>, part of the Live Nation Finland Oy<\/strong> group, which will manage the full event calendar, daily operations, and commercial activities. The agreement term is over 20 years, creating a stable financial foundation for the arena.<\/p>\n\n\n\n

Trevian will continue to develop the arena and implement substantial long-term investments aimed at improving energy efficiency, operational performance, and the visitor experience. This year alone, investments have included ensuring the functionality of core systems after the prolonged closure and updating critical technical infrastructure as well as conducting necessary regulatory inspections. Significant further investments are planned to support the arena\u2019s long-term operations, sustainability, and event quality.<\/p>\n\n\n\n

\u2013  This project is an excellent example of the full lifecycle of a real estate investment. First, the right property and its potential are identified, a realistic yet ambitious plan is developed, a suitable user is secured, investors are engaged, the transaction is executed, and necessary improvement investments are made to bring the property into full use. Each step requires deep expertise, long-term commitment, and trust, the very elements that define Trevian, S\u00f6dervall adds.<\/p>\n\n\n\n

Trevian is actively pursuing multipurpose arena and other real estate projects across Finland, focusing on properties that deliver both economic and societal value while supporting local vitality.<\/p>\n\n\n\n

\u2013  The Helsinki Arena project demonstrates how Finnish real estate expertise and international structuring can combine to deliver outcomes that benefit society as a whole, S\u00f6dervall concludes.<\/p>\n\n\n\n

\n\n\n\n

For additional information, please contact:<\/strong><\/p>\n\n\n\n

Reima S\u00f6dervall
CEO
Trevian Asset Management Oy
050 362 7400
reima.sodervall@trevian.fi<\/p>\n\n\n\n

Trevian Asset Management<\/em><\/strong> is a Finnish real estate investment and asset management company focused on office, retail, residential, logistics, infrastructure, and multipurpose arenas, owned by its key personnel. We offer full-service asset management and structured investment services throughout the whole investment lifecycle. The services are focused especially for institutional real estate investors, banks, and other professional investors. Trevian\u2019s assets under management is 1.2B\u20ac. www.trevian.fi\/en<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

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