Lease Agreement Signed with Sodexo as the New Food Service Provider at Kasarmikatu 21 in Helsinki

(HELSINKI, FINLAND) – Hines, the international real estate firm, has entered into a lease agreement with Sodexo, as the new food service provider at Kasarmikatu 21 in Helsinki, Finland. CBRE was the leasing agent on the deal.

Sodexo is one of the largest food service providers in Finland with more than 200 restaurants in the country. The global company employs 11,000 people in the Nordic countries.

Kasarmikatu 21 is a 7-story, 16,000-square meter office building in the heart of Helsinki’s central business district, which Hines acquired on behalf of CNP Assurances in 2017. With LEED Platinum certification, Kasarmikatu 21 provides high-quality and modern office space for c900 people, including tenants Roschier, Danske Bank amongst others.

James Robson, Senior Managing Director – Nordics, at Hines, commented:

“Kasarmikatu 21 is an exceptionally located office building with standout ESG credentials and facilities in the nub of Helsinki. The acquisition in 2017, marked our first foray into the Finnish market and we’re very happy to lease the space to a globally renowned brand such as Sodexo.”

Elina Katila, Head of Sales and Business Development – Sodexo Finland, added:

“The bundled services provided by Sodexo at the property include an extensive restaurant (incl. lunch, bistro and café) serving quests from morning till night, complemented by lobby, cleaning, meeting and event services. We utilize modern technology in order to provide our customers with a superior experience and develop our offering in an agile and customer-oriented manner.”

Krista Ruigendijk, Head of A&T - Finland at CBRE, added:

“It was a pleasure to have advised Hines in finding a tenant that can offer quality catering services required in a high-class office building such as Kasarmikatu 21. City of Helsinki´s open-air food court at Kasarmitori Square this summer is a testament to the continued attractiveness of the area.”

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 240 cities in 27 countries. Hines oversees a portfolio of assets under management valued at approximately $160.9 billion¹, including $81.7 billion in assets under management for which Hines serves as investment manager, and $79.2 billion representing more than 172.9 million square feet of assets for which Hines provides third-party property-level services. Historically, Hines has developed, redeveloped or acquired approximately 1,450 properties, totaling over 485 million square feet. The firm has more than 180 developments currently underway around the world. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to ESG, Hines is one of the largest and most-respected real estate organizations in the world.

Since entering Europe in 1991, Hines has grown its European platform to include offices in 16 cities as well as a presence in 62 cities in 13 countries. Hines oversees a portfolio of assets under management valued at approximately €26.3 billion of assets under management in Europe, including €21.9 billion for which Hines serves as an investment manager and €4.4 billion representing more than 3.8 million square metres of assets for which Hines provides third-party property-level services, in Austria, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Poland, Spain and the United Kingdom.

1. Includes both the global Hines organization as well as RIA AUM as of December 31, 2020.

About Sodexo

Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 64 countries, Sodexo serves 100 million consumers each day through its unique combination of On-site Services, Benefits & Rewards Services and Personal & Home Services. Sodexo provides clients an integrated offering developed over more than 50 years of experience: from food services, reception, maintenance and cleaning, to facilities and equipment management; from services and programs fostering employees’ engagement to solutions that simplify and optimize their mobility and expenses management, to in-home assistance, child care centers and concierge services. Sodexo’s success and performance are founded on its independence, its sustainable business model and its ability to continuously develop and engage its 420,000 employees throughout the world. Sodexo is included in the CAC Next 20, CAC 40 ESG, FTSE 4 Good and DJSI indices.

Key figures

19.3 billion euro in Fiscal 2020

consolidated revenues 420,000

employees as at August 31, 2020

#1 France-based private employer worldwide

64 countries

100 million consumers served daily

12.1 billion euro in market capitalization (as at March 31, 2021)

About CBRE

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2020 revenue). The company has more than 100,000 employees serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at

CBRE Finland Oy is part of CBRE Group with more than 140 professionals working in offices in Helsinki, Turku and Jyväskylä. We offer a broad range of commercial real estate services for real estate investors and occupier clients such as sales advising, debt advisory, leasing, valuations, transactions, consulting, workplace and building consultancy as well as asset and shopping center management. To learn more, visit our website at

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