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CapMan Real Estate and Scandic undertake extensive renovation of historic Hotel Laajavuori, in Finland

CapMan Real Estate, in collaboration with Scandic, is carrying out an extensive renovation of Hotel Laajavuori located in Jyväskylä, Finland. The historic hotel will be modernized by significantly improving its energy efficiency, renovating rooms and spaces, and implementing a large-scale geothermal heating project. The geothermal heating project is executed by LeaseGreen in cooperation with Heatly. 

The renovation, which began this month, will bring the historic 24,000 square metre hotel property up to current standards in one go. The property will be transformed into a modern, energy-efficient entity that respects its history, serving guests for decades to come. Work started on March 10th, when the hotel was temporarily closed, and is scheduled to be completed in January 2026. The hotel will however reopen for guests already on June 26th, 2025. Hotel Laajavuori was originally opened in 1969 and was significantly expanded in the mid-1970s. CapMan’s hotel fund took ownership of the hotel in 2008, which is also when the latest expansion occurred. The hotel’s exterior represents brutalist concrete architecture and is protected. 

Source: capman.com on the 18 March 2025 
https://capman.com/2025/03/capman-real-estate-and-scandic-undertake-extensive-renovation-of-historic-hotel-laajavuori-in-finland/