Office rents in Finland 2026 – what does office space cost?
Rent is the largest cost of commercial premises, but it is not the only one. We have gathered the latest market figures and the cost items you should know before signing a lease in Finland.
Office rents by city
Office rents vary considerably even within a city: location, condition, size and lease terms all have a significant effect on the price. For Turku, Tampere and Oulu, we provide up-to-date rent levels with comparable properties free of charge as part of a property search. For the Helsinki region, detailed area statistics are available:
Rents in the Helsinki region
| Area / type of premises | Average rent |
|---|---|
| Helsinki city centre, offices – new leases (9/2024–8/2025) | approx. €34/m²/month |
| Helsinki city centre, offices – all current leases | approx. €37–38/m²/month |
| Ruoholahti, offices | €29/m²/month |
| Keilaniemi (Espoo), offices | €29/m²/month |
| Vallila, offices | €22/m²/month |
| Kalasatama, offices | €20/m²/month |
| Helsinki city centre, retail – new leases | approx. €60/m²/month |
| Helsinki region, logistics premises | approx. €10/m²/month (upper quartile approx. €12) |
Worth noting: new office leases in central Helsinki have been signed at about 10% below the average of current leases. Tenants are now in a good negotiating position.
What makes up the total cost of commercial premises?
- Capital rent – the payment for the premises themselves.
- Maintenance rent – property management, heating, water, cleaning of common areas, property tax and insurance. Some leases are gross leases in which these are included in one price – always check which type you are signing.
- VAT – if the landlord has registered for VAT on the lease, 25.5% VAT is added to the rent. A VAT-registered company can usually deduct it.
- Indexation – rent is usually tied to the cost-of-living index and increases annually in line with it.
- Security deposit – often a cash deposit or bank guarantee equal to a few months’ rent.
- Fit-out works – partition walls, furniture, technology. Agree in writing who pays and whether the premises must be restored to their original condition.
- Your own running costs – electricity, data connections, cleaning and parking.
Maintenance costs have started to decrease
According to the KTI maintenance cost index, maintenance costs of office properties fell by an average of 2.4% in 2025. Energy costs fell by an average of 6.6%, and by about 9% in the Helsinki region, while property tax fell by 1.0%. This is worth taking into account when negotiating maintenance rent.
Example calculation
A 200 m² office in Vallila at €22/m²/month: 200 × €22 = €4,400 per month. If 25.5% VAT is added, the monthly rent is €5,522. Annually, the rent alone is €52,800 (excluding VAT) – which is why a difference of a few euros per square metre, or three rent-free months, changes the total cost by thousands of euros.
How to get better terms
- Compare the total cost, not just the rent per square metre.
- Check how the floor area is measured (net area or lettable area, which may include a share of common areas).
- Negotiate incentives: rent-free months, stepped rent or landlord-funded fit-out works have become more common.
- Consider the lease term: a longer fixed term often brings better terms, a shorter one more flexibility.
- Use an expert – tenant representation by Blanc Toimitilat is free of charge for companies looking for premises.
See also: Free property search · Locations · Contact us
Sources: City of Helsinki, “Toimitilamarkkinat Helsingissä ja pääkaupunkiseudulla 2025/2026” (based on the KTI rental database); KTI maintenance cost indices (“Ylläpitokustannusindeksit”, 10 April 2026). The figures are market averages – the rent for individual premises may differ.