Two centuries of tradition
For more than 180 years, until 1995, most of the Finnish state`s property was managed by the National Board of Public Building and its predecessors. In 1995, the National Board of Public Building was closed and the state`s property focused on 15 property units.
The largest of these units, the State Real Property Agency (SRPA), was given responsibility for managing almost half of the Finnish state`s property assets. In early 1999, the SRPA became a government enterprise and on 1 March 2001 its name was changed to Senate Properties. Click the link for major landmarks in the history of Senate Properties.
Background of the Senate Properties name
The change of name reflects Senate Properties modern business philosophy highlighting service, customer relationships and partners. The name also refers to the Senate Square in Helsinki and the impressive buildings we manage around the Square. Moreover, we think the word senate conjures up an image of traditions and respect for such traditions. It refers back to our long history and the frank recognition of our roots.