Katajanokan Laituri wins Finlandia Prize for Architecture
6.10.2025 16:57:17 EEST | Varma | Press release
Katajanokan Laituri, the wooden commercial building owned by Varma, has won the Finlandia Prize for Architecture. Katajanokan Laituri was selected as the winner from among four finalists.

The Finlandia Prize for Architecture awarded by the Finnish Association of Architects (SAFA) is Finland’s most prestigious architectural prize.
“Varma’s ambition for Katajanokan Laituri was for the building to have a long useful life and to be easy to modify, versatile, low carbon and energy efficient. From its inception, the project was exceptional due to its location, building material and architecture. The collaboration between the project’s parties was excellent from start to finish. It is thrilling to receive such a prestigious prize,” says Sari Raunio, Varma’s Property Development Director.
The winner was selected by Archbishop Tapio Luoma from among four finalists chosen by a pre-selection jury. What impressed Luoma most about the building that has altered Helsinki’s silhouette were its architectural style, brightness and the use of wood.
“And yet, the real surprise, as it turns out, awaits you within. The soaring timber structures above the open-plan foyer create a truly one-of-a-kind atmosphere that invites the visitor to take a moment and sit a while on the large circular bench provided with their comfort in mind,” Luoma writes in his comments.
“At times, the abundance of wood leaves you feeling as if you’ve found yourself enveloped by a forest. The building may have been intended as an office and hotel, but from time to time it succeeds in transporting you to another dimension altogether,” Luoma describes.
Architecture based on environmental values and natural wood
Katajanokan Laituri has made the former Katajanokka harbour area’s waterfront accessible to the public. In charge of designing Katajanokan Laituri were Anttinen Oiva Arkkitehdit’s Senior Architect Selina Anttinen, Vesa Oiva and Lead Designer Teemu Halme.
“From the beginning, this project was characterised not only by a high degree of ambition and professional curiosity but also by its commitment to sustainability. It is a joy and a privilege to share this prize with everyone who contributed to the end result, from the client to the designers and the builders,” Selina Anttinen says.
From day one, the building’s design focused on environmental values. Wood is omnipresent in the building’s structures, cladding and interior decoration. The use of solid wood is evident in the interior’s details. As a material, wood creates a warm and relaxed ambience and provides excellent acoustics.
The Finlandia Prize for Architecture was presented for the twelfth time
The purpose of the Finlandia Prize for Architecture is to promote the appreciation of high-quality, creative architecture and to highlight the importance of architecture in generating cultural value and increasing well-being. The prize has been awarded since 2014.
Katajanokan Laituri has received multiple awards and accolades. Katajanokan Laituri won an award for wood architecture in Paris, granted by the international press. The building also received the 2004 Wood Award, the Association of Project Professionals’ (PRY) Project of the Year award and the RIL Award 2024, which spotlights Finnish engineering skills and expertise.
The building houses Stora Enso’s head office and the Solo Sokos Pier 4 hotel.
Additional information:
Marjut Tervola, Communications Manager, tel. +358 45 673 0120 or marjut.tervola(at)varma.fi
Keywords
Images
Varma Mutual Pension Insurance Company
Varma Mutual Pension Insurance Company is a responsible and solvent investor of pension funds. The company is responsible for the statutory earnings-related pension cover of 993,000 people in the private sector. Varma's premiums written totalled EUR 6.7 billion in 2024, and pension payments stood at EUR 7.5 billion. Varma’s investment portfolio amounted to EUR 64.9 billion at the end of June 2025.
Alternative languages
Subscribe to releases from Varma
Subscribe to all the latest releases from Varma by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Varma
Aktiernas starka utveckling ökade Varmas avkastning till 6,9 procent23.10.2026 09:01:44 EEST | Pressmeddelande
Avkastningen på Varmas placeringar uppgick till 6,9 procent, det vill säga 4,7 miljarder euro under perioden januari–september. Särskilt aktieplaceringarna har gett stark avkastning till följd av företagens resultatförbättringar och investeringar relaterade till artificiell intelligens. Varma har varit med och finansierat flera lovande inhemska tillväxtföretag.
Osakkeiden vahva kehitys nosti Varman sijoitustuoton 6,9 prosenttiin23.10.2026 09:01:44 EEST | Tiedote
Varman sijoitukset tuottivat 6,9 prosenttia eli 4,7 miljardia euroa tammi–syyskuussa. Erityisesti osakesijoitukset ovat tuottaneet vahvasti yritysten tuloskasvun ja tekoälyyn liittyvien investointien tukemina. Varma on ollut rahoittamassa useita lupaavia kotimaisia kasvuyhtiöitä.
Strong equity performance boosted Varma’s investment returns to 6.9 per cent23.10.2026 09:01:44 EEST | Press release
The return on Varma’s investments was 6.9 per cent or EUR 4.7 billion in January–September. Equity investments in particular performed very well, driven by companies’ earnings growth and AI-related capital expenditure. Varma has been financing several promising Finnish growth companies.
Muistutuskutsu medialle: Varman tulos Q3 ja tekoälybuumin vaikutukset talouteen21.10.2026 12:24:34 EEST | Kutsu
Varman tammi–syyskuun 2026 tulos julkaistaan perjantaina 23.10. klo 9. Samalla järjestämme tiedotustilaisuuden median edustajille.
Kutsu medialle: Varman tammi–syyskuun 2026 osavuositulos13.10.2026 11:53:26 EEST | Tiedote
Varman tammi–syyskuun 2026 tulos julkaistaan perjantaina 23.10. klo 9. Samalla järjestämme tiedotustilaisuuden median edustajille.
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom




