SOK (The Central Finnish Cooperative Society) has sold a real estate complex that previously operated as the Jollas Institute and a hotel in a transaction completed on 30 April 2025. The property is located in the prestigious Jollas area of Helsinki.
The site has a land area of more than 40,000 sq m and over 5,000 sq m of existing building space. In addition, the property includes unused development rights, more than 40 metres of shoreline, and a private island.
Juha Kivelä and Pekka Sirén of GEM acted as the seller’s advisors throughout the process.
GEM is an independent real estate advisory firm established in 2016 and fully owned by its employees. GEM provides comprehensive advisory services to owners and occupiers of real estate assets and individual premises, including:
- Sell-side and buy-side advisory
- Property valuation
- Leasing services
All members of GEM’s brokerage team hold the Finnish LKV (Licensed Real Estate Agent) qualification, and all members of the valuation team hold AKA (Authorized Property Valuer) authorization. Our professionals have an average of 20 years of experience in the real estate industry.