What Spatium Toimitilat Oy does

Spatium Toimitilat Oy is a Finnish commercial real estate company, founded in 2000 and headquartered in Lahti, Päijät-Häme, operating as a wholly-owned subsidiary of the Lahti City Group (Lahti-konserni), a municipal conglomerate. The company develops, owns, and leases production, logistics/warehouse, and office premises to businesses in the Lahti region, serving both small local enterprises (Bo LKV, HL-Elec, Nirafon, Wheel Energy) and larger national/international tenants (Woodio, Dieffenbacher, Enersense, ISS), as well as public-sector organizations (Päijät-Häme Joint Authority for Health and Wellbeing, regional catering kitchen). Its go-to-market is direct enterprise field sales, with the CEO and Asset Manager handling leasing inquiries and custom development mandates personally.

The company's product portfolio spans four core offerings: Tuotantotilat (production facilities), Logistiikka- ja varastotilat (logistics and warehouse facilities), Toimistotilat (office spaces), and custom Development Projects (kehityskohteet), supplemented by Wemasto Areena (a multi-purpose ice arena and event venue operated through wholly-owned subsidiary Lahden Jäähalli Oy). The underlying technology is oriented around sustainable construction: BREEAM-certified new builds (Very Good level achieved for the Woodio project, 2025), geothermal heating and cooling delivered through partner Aitoenergia Oy, solar installations, and the EcoCompass environmental management system (ISO 14001-based, certified since 2022, renewed January 2025).

Revenue is generated primarily through recurring rental income from 26 active lease agreements on a 71,076 m² leasable portfolio (2024), with secondary streams from one-time property sales (e.g., Ilmarisentie and Väinämöisentie sold to FinCap DC Corp Oy in September 2024) and professional services for custom development projects. Reported turnover was €5.2M in 2024, down from €7.96M in 2023 following deliberate portfolio rationalization. Operational performance remains strong at 99% occupancy, NPS 76, and customer satisfaction of 5.0/5.0, with carbon-neutrality achieved for own operations by end of 2025. The company employed 5 staff as of 2024 with 5 additional personnel transferring from Lahden Tiedepuisto effective May 1, 2026.

Name

Spatium Toimitilat Oy

Legal name

Spatium Toimitilat Oy

Website

https://spatium.fi

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Spatium Toimitilat Oy is a municipal-owned Finnish commercial real estate company in Lahti that develops and leases production, logistics, warehouse, and office premises to local SMBs, enterprises, and public-sector tenants, with a sustainability-focused portfolio and custom build-to-suit development services.

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Industrial Building Construction (23621)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Warehousing, Distribution & Cold Storage Facility Construction (IMAFADAL)

Keywords

• Commercial real estate leasing
• Property development services
• Industrial property leasing
• Office space rental
• Sustainable building development

Headquarters

HQ city

Lahti

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Commercial Property Rental: Primary revenue stream from leasing production facilities, logistics/warehouse spaces, and office premises to businesses in the Lahti region. Rental agreements numbered 26 in 2024, down from 54 in 2023 and 58 in 2022.
2. Property Sales: Occasional sales of properties as part of strategic portfolio management. Sold properties at Ilmarisentie 3 and Väinämöisentie 2 to FinCap DC Corp Oy in September 2024.
3. Property Development Services: Custom development and construction of new premises tailored to client needs, such as the Woodio factory project and Dieffenbacher new facility in Nastola.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Spatium Toimitilat Oy develops and leases commercial premises — production facilities, logistics and warehouse spaces, and offices — to businesses in the Lahti region of Finland. The company also provides custom-built property development projects tailored to client requirements, and operates the Wemasto Areena event venue. It is a wholly-owned subsidiary of the Lahti City Group (Lahti-konserni).

Product overview

Spatium Toimitilat Oy is a real estate company that develops and leases commercial premises. The company's product portfolio consists of physical commercial properties organized into four core offerings: Tuotantotilat (Production Facilities), Logistiikka- ja varastotilat (Logistics and Warehouse Facilities), Toimistotilat (Office Spaces), and Kehityskohteet Lahdessa (Development Projects). Additionally, the company operates Wemasto Areena as an event space. The portfolio includes various individual properties such as Kallio-Pietilänkatu 1, Moukarikatu 13, Mukkulankatu 18, Sammon8, Tikkula, Varikontie 9, and others, with services including space search functionality and tenant service requests.

Differentiator

Problem solved

Functional benefit

Products and services

• Tuotantotilat (Production Facilities) Flexible and versatile production facilities for manufacturing operations in the Lahti region, leased to industrial and production businesses.
• Logistiikka- ja varastotilat (Logistics and Warehouse Facilities) Warehouse and logistics facilities with overhead doors and transport connections, leased to logistics, distribution, and storage companies in the Lahti region.
• Toimistotilat (Office Spaces) Versatile and adaptable office spaces with good transport connections, leased to office-based businesses in the Lahti region.
• Kehityskohteet Lahdessa (Development Projects in Lahti) Custom-built commercial premises developed according to customer needs, including feasibility studies, planning, construction, and property management, for companies planning expansion or relocation.
• Wemasto Areena (Event Venue) Multi-purpose event and ice arena venue including ice hockey arena (home of Lahti Pelicans) and venue for shows and concerts, operated through subsidiary Lahden Jäähalli Oy.

Quantifiable outcome

• Reduced carbon footprint by 48.85% in 2024 compared to 2023, achieving 334.4 t CO2e
• +5 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered minor, core and major.

• UmaconminorImplementation/ SI/ Consulting Partner · 1 February 2025Umacon performed selective demolition services at the Nastola construction site, achieving 98.8% material recovery rate with only 1.2% going to landfill.
• Paremman Luonnon Puolesta Foundation (Paremman Luonnon Puolesta -säätiö)coreStrategic or Co-development Partner · 1 January 2025Spatium partners with this foundation for carbon compensation through nature conservation. The foundation acquires and protects natural areas, particularly around Lake Päijänne. Compensation was directed to Vehkosaari island conservation.
• Aitoenergia OycoreTechnology or Integration · 1 August 2024Aitoenergia Oy provides geothermal heating and cooling services as a comprehensive energy solution for new construction projects. They handle design, investment, and operations for renewable energy solutions over the property lifecycle, supporting Spatium's carbon neutrality goal.
• Superior Oy (Rakentaja)majorImplementation/ SI/ Consulting Partner · 1 April 2024Superior Oy served as the construction contractor for the Woodio factory project. Project progressing on schedule with completion expected early 2025.
• LAB University of Applied Sciences (LAB-ammattikorkeakoulu)minorStrategic or Co-development Partner · 1 November 2023Collaboration with LAB University of Applied Sciences on sustainability program development. Students and teachers facilitated responsibility workshops to develop Spatium's sustainability program.
• LADEC (Lahden Seudun Kehitys)coreStrategic or Co-development Partner · 1 August 2023LADEC collaborated with Spatium to attract Woodio to locate in Lahti. LADEC's customer manager Marian Vainiomäki was involved in finding optimal service solutions and operating environment for Woodio's new factory.

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Others

• SATO Oyj: Finnish residential rental housing operator owned by major institutional investors. Related to Spatium as a Finnish long-term rental landlord with municipal/ institutional governance heritage, but focuses on residential rather than commercial premises.
• YIT Oyj: Finnish construction and real estate development company building commercial, residential, and infrastructure projects across Finland. Comparable to Spatium's developer role in commercial premises construction, though operating as a general contractor and listed company.
• Kojamo Oyj: Finnish residential rental operator (Lumo brand) and one of the largest landlords in Finland. Comparable to Spatium as a Finnish landlord with a large managed property portfolio and sustainability focus, though exclusively residential.
• Newsec Oy: One of the leading commercial real estate advisory and property management firms in the Nordics, active in Finnish CRE brokerage and asset management. Comparable to Spatium as a key Finnish CRE services ecosystem participant, but operates as a third-party advisor rather than an owner.

Direct peers

• Technopolis Plc: Finnish workspace and office real estate operator leasing premises to businesses across regional campuses. Highly comparable to Spatium in operating model (own/develop/lease commercial premises), geographic footprint (multiple Finnish regional cities), and tenant mix (SMBs and corporates). Both combine property development with active tenant services.
• SRV Yhtiöt Oyj: Finnish construction and development company building commercial premises, offices, and mixed-use projects, including developer-led projects in regional Finnish cities. Comparable to Spatium in its custom commercial development capability in the Finnish regional market, though more constructor-led and broader in scope.
• Cibus Nordic Real Estate AB: Nordic-listed real estate company focused on grocery-anchored and logistics properties in the Nordics and Finland. Comparable to Spatium in its Nordic/Finnish logistics and light-industrial real estate focus and tenant-anchored income model, though larger and publicly listed.
• Sponda Oy: One of Finland's largest commercial real estate owners, historically focused on office and retail properties in Helsinki and other growth centers, owned by Blackstone. Directly comparable to Spatium as a Finnish CRE owner/lessor with a mixed portfolio of office and logistics, although larger scale and urban-focused.
• Antilooppi Oy (Exilion): Finnish commercial real estate investor and developer focused on office, logistics, and retail properties. Comparable to Spatium as a Finnish CRE owner/lessor with a similar mix of office, logistics, and development activities, although operating at a larger scale and with private institutional ownership.
• Logicenters (NREP): Nordic logistics and warehouse real estate owner-developer operating across the Nordics, including Finland. Comparable to Spatium's logistics/warehouse leasing business, though at much larger scale and with institutional capital backing.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/spatium-toimitilat-oy

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spatium Toimitilat Oy