Cityvarasto Oyj purchased a new property in Lahti

On 30.12.2019, Cityvarasto Oyj has acquired a 4-storey property located in Sopenkorpi, Lahti, at Okeroistentie 1, with an area of 3,824 m2 and an additional 1,015 m2 of covered vehicle parking space on the roof of the building. The property has good transport connections and is located in a prominent location less than 2 km from the center of Lahti.

Cityvarasto Oyj purchased a new property in Lahti

Cityvarasto is a nation wide self storage company.  The self storage sector is still a young and developing sector in Finland. Global trends such as urbanisation, the shrinking number of apartments and storage spaces, as well as the quantity of goods and the growing need for additional space are creating demand for self storage. 

In the past, the property has been used for the sale and repair of cars, as well as fuel distribution. The renovation of the building will begin in early 2020, and a  modern self storage unit and other rentable premises will be opened in the premises. The self storage facility will be the largest in the Lahti region.

With the real estate acquisition, Cityvarasto strengthens its position in Lahti, where  the company already has two offices, in Tonttila and in the city centre on Hämeenkatu (formerly Lahti's Ykkösvarasto warehouse).  After the transaction, the company will have 43 offices in the largest cities around Finland: Helsinki, Espoo, Vantaa, Oulu, Jyväskylä, Kuopio, Lahti, Naantali, Järvenpää, Kerava, Turku, Tampere, Seinäjoki, Pori, Hämeenlinna, Rovaniemi, Porvoo and Hyvinkää. 

Investor contacts

Cityvarasto investor connections
Ville Stenroos
  • Chief executive officer, Founder, Main Owner
  • puhelinumero029 123 4747
Cityvarasto investor connections
Matti Leinonen
  • Financial expert
  • Puhelinumero029 123 4768