Near-term risks and uncertainties

As given in the Half-Year Financial Report January–June 2019

There were no significant changes in Kojamo’s near-term risks and uncertainties during the review period.

Kojamo estimates that the risks and uncertainties in the current review period are related, first and foremost, to the development of the Finnish economy. Economic development is reflected in both the housing and financial markets. These factors may have an impact on Kojamo’s profit and cash flow.

Finland’s economic development may bring on fluctuations in housing prices, which could have an impact on the fair value of the Group’s real estate property.

The supply of rental apartments may increase locally in the main areas in which Kojamo operates, and the changes in supply and demand could have an impact on the turnover of Kojamo’s tenants or the financial occupancy rate and, thereby, rental income.

A more detailed description of the risks and uncertainties is presented in the 2018 financial statements.

Read more about Kojamo’s risk management here.

Page updated 23 August 2019