Ruby Group enters Finland with First Hotel Project in Helsinki

Ruby Group enters Finland with Helsinki hotel project
Property located in Kamppi district within Professor House Proffa
Hotel will feature 84 rooms with 24-hour bar and café
Set to open in Q1 2028 in partnership with Union Investment
Becomes IHG’s fourth property in Finland

The Ruby Group is strengthening its presence in Northern Europe with a new project in Finland, with the upcoming Ruby Hotel in Helsinki located in the Kamppi district within the Professor House Proffa. The property will feature 84 rooms, bringing Ruby’s Lean Luxury philosophy to one of the city’s most creative and culturally rich neighbourhoods. The project will be developed in partnership with long-term real estate partner Union Investment and is set to open in Q1 2028.

The listed building at Lapinlahdenkatu 3 was constructed in the 19th century and served as an office building for many years. It will be converted to accommodate 84 rooms and inviting public areas on the first floor while preserving essential historic features. All guests will have access to a 24-hour bar and café in the public area. The property is multi-tenant, with the ground floor shared by established long-term operators including a pub and restaurant. Situated in the heart of Kamppi, the property offers excellent connectivity with the Kamppi metro station just steps away and the central station reachable on foot.

The new Ruby hotel in Helsinki will become IHG’s fourth property in Finland and add to its growing presence in key Northern European cities. Part of IHG Hotels & Resorts’ premium collection, Ruby was founded in 2013 and operates 22 hotels across Europe with an additional 18 hotels currently under construction or in the planning phase. Union Investment, one of Germany’s most renowned institutional investors, has been a trusted Ruby Group partner for many years and already serves as one of the landlords in Düsseldorf.

Elena Günther-Jakobs, Associate Director for Central and Northern Europe at the Ruby Group, shared: “Helsinki has long been a priority for us, and we are excited to finally make our market entry in Finland. The city’s creative spirit, with its music scene, rich cultural landscape, and gentle Nordic warmth, makes it a perfect match for our target group.” Bastian Stuhke, Senior Asset Manager Hospitality at Union Investment, shared: “We are very pleased to have secured Ruby Group, an experienced and modern hotel operator, as a tenant and to continue our partnership with this project.”