Sponda secures long-term lease renewal with HPP for Bulevardi 1
Sponda Ltd Press release 4 September 2025 at 9:00 am
Sponda secures long-term lease renewal with HPP for Bulevardi 1
Sponda Ltd, one of Finland’s leading real estate asset management companies, has agreed terms for a long-term lease agreement at Bulevardi 1 in central Helsinki with the law firm HPP Attorneys Ltd. The new agreement extends HPP’s previous 20-year tenancy at the building and will see the offices undergo a comprehensive renovation.
Completed in 1890, the Bulevardi 1 property is a recognisable part of the Helsinki cityscape. The building is commonly known as the ‘HPP building’—due, in part, to the illuminated HPP sign on its rooftop. Its central location ensures excellent transport connections and a wide range of nearby services.
As part of the lease renewal, HPP’s 2,500 sqm office will undergo a complete renovation during 2025–2026. The design has been developed in close collaboration with HPP to modernise and upgrade the space, ensuring it reflects their specific needs, working culture, and business objectives. Modern technology will be deployed to optimise indoor conditions for comfort and improve energy efficiency, creating bright, fresh and modern workspaces complemented by a stylish lounge and client area.
“Our office space project coincided nicely with HPP’s 50th anniversary. The renewal of our premises symbolizes the transformation we are actively driving forward. While honoring our history, we are evolving and entering the next phase of HPP, which places exceptionally high demands on the working environment. In light of this transformation, it feels natural to continue in a familiar location, now enhanced with thoughtfully modernized workspaces. In line with our values, we trust that our long-term partner will continue to support our business in the best possible way,” says Antti Rintakoski, Managing Partner of HPP Attorneys.
“We are proud of our long-standing partnership with HPP, and the decision to extend their lease with us reflects our mutual trust and the value they place on the quality, central location, and sustainability of our Bulevardi 1 property. The new agreement and upcoming renovation demonstrate the continued demand for modern, future-oriented work environments in the heart of the city, with location increasingly becoming a key strategic consideration for attracting top talent”, says Sponda’s CEO Christian Hohenthal.
Many tenants choose to extend their leases with Sponda, primarily due to the central location and the high quality of its office premises. When a lease is extended, Sponda reviews whether the company’s needs have changed and works with the tenant to explore ways to modify, renew or re-scale the premises to meet any new requirements. Sponda is continuously investing in modernising its facilities and implementing sustainable solutions, reinforcing its offering as a reliable long-term partner who supports the success of its tenants and the wellbeing of their employees.
Sponda Ltd
Further information:
Anita Riikonen, Brand and Communications Manager
tel. 040 833 3804, anita.riikonen@sponda.fi
Sponda Ltd is a leading real estate asset management company in Finland specialising in owning, managing, developing and letting commercial properties in the largest cities across the country. With a focus on customer-oriented solutions and high-quality properties, Sponda is actively developing best practice in the sector, enhancing the cityscape in a sustainable way and supporting its customers. www.sponda.fi/en.