Lofty use of space

Kiinteistö Oy Turun Lentorahti’s first years passed quietly, according to managing director Heikki Koho, in running the operations of the cargo terminal. The subsidiary established by Finavia in 1996 leases cargo premises to airlines and shipping agents including e.g. Finnair, DHL and UPS. The company developed a second terminal at Turku Airport in 2003, which was leased in its entirety by TNT Finland Oy.

“The new cargo terminal was part of a long-term project that aimed to improve Turku’s logistical operating environment,” explains Mr. Koho.

“The utilization rate of both of our terminals is almost one hundred per cent. It is not difficult to fi nd new tenants because we can off er them modern premises and good connections to various parts of Finland.”

The operations of Turun Lentorahti Oy picked up again in 2006 when it started construction of the new maintenance centre at Turku Airport. The building will be completed in the summer of 2007 and will replace the old centre that has been in use for over 50 years. The new building will contain premises for on-call staff , a rescue centre, premises for maintaining and repairing machinery and storage facilities.

Two office buildings are part of the silhouette of Helsinki-Vantaa Airport, in which a little over a thousand people work every day to advance the aviation sector. The blue-coloured buildings were developed by Finavia’s subsidiary companies Koyj Lentäjäntie 1 and Lentäjäntie 3.

“Construction started in the 1990s because both the Civil Aviation Administration and Finnair needed larger office buildings. Finnair in particular wanted a crew centre for its employees that fl y,” explains managing director Juha Schreck.

The Civil Aviation Administration and Finnair set up the property companies together. Finavia is the major owner of the buildings, although the airline is the main user of them. Finavia’s corporate headquarters are in Lentäjätie 3 and Helsinki Vantaa Airport’s approach control office, among others, is located in Lentäjäntie 1.

“We lease premises that may become available to companies closely tied in with air transport. As a result of the expansion to the hotel and international terminal, the central position of our properties at the airport will be further reinforced,” Mr. Schreck believes.

IP-Kiinteistöt Oy manages the property assets of the defence forces transferred to the company’s ownership. The company’s key customers are the air force and the Utti Jaeger Regiment which specializes in helicopter operations. Finavia’s subsidiary company owns and develops the structures and buildings used for flight operations by the defence forces and all the structures used for air transportation at Kauhava, Halli and Utti airports - the runways, aprons and taxiways.

“We are responsible for ensuring that the infrastructure for flight operations by the defence forces is in order and available at all airports,” says managing director Hannu Salomaa. “Through constant renovation we can ensure that the use value of the buildings and traffic areas we own is maintained.”

In 2006, two major construction projects were brought to conclusion: the emergency area was completed at Tampere-Pirkkala Airport for use by the Satakunta Wing and an apron area was completed at Utti, which is intended for new transport helicopters.

“In these projects we acquired services from our parent company Finavia whose expertise in airport construction benefits our customers.” Similarly, Finavia has the opportunity to use and strengthen its specialist expertise.

Kiinteistö Oy Turun Lentorahti leases premises in the cargo terminals at Turku Airport to air carriers and forwarding companies.

Kiinteistö Oyj Lentäjäntie 1 ja Lentäjäntie 3 administer the office buildings at Helsinki-Vantaa.

IP-Kiinteistöt Oy responsible for maintaining the buildings and constructions at airports used by the defence forces.