Operating environment and trends

As Kojamo operates in the residential real estate sector, the company is affected particularly by the situation in the residential property market and development in Finnish growth centres. The company is also affected by macroeconomic factors, such as economic growth, employment, disposable income, inflation, regional population growth and household sizes.

Urbanisation continues as residential construction slows down

Inflation, rising interest rates and geopolitical tensions have slowed the growth of the global economy. Rising prices and interest rates have reduced household consumption and investment, which led to the Finnish economy contracting slightly in 2023. The number of residential start-ups fell sharply during the year, which means that fewer apartments will be completed in the market in the next few years. Nevertheless, the trend of urbanisation is predicted to remain strong.

Read more about our operating environment from Annual Report 2023

Read updated information about our operating environment from our interim reports

Kojamo responds to the trends of urbanisation, digitalisation and communality in accordance with its strategy. Kojamo offers rental apartments and living services for residents in Finnish growth centres.

Page updated 6 March 2024