Kojamo plc Press release 22 April at 5.40 p.m.
Kojamo plc: Lumo Kodit acquired condominium Matinkylän Forma from Hausia and starts construction of 59 apartments in Espoo
Lumo Kodit Oy acquired the share capital of condominium Matinkylän Forma from Hausia Oy and signed an agreement on the construction of 59 apartments in Espoo.
Condominium Matinkylän Forma is part of a five-storey building that includes Lumo apartments on two wings. On the roof of the house, there will be a gym with large windows with a view and a roof terrace, as well as three sauna sections. The location of the modern Lumo apartments is excellent next to the services of Iso Omena, the metro and Länsiväylä. The new apartments are studios, one-bedroom, two-bedroom and there-bedroom apartments. The apartments will be completed in October 2021.
The transaction supports Kojamo’s strategic growth in the Helsinki Metropolitan Area. Kojamo’s strategy is to invest heavily in increasing the housing supply in Finland’s growth centres, where the demand for rental apartments is on the rise due to urbanisation and the increased popularity of rental housing.
Kojamo plc, Ville Raitio, Chief Investment Officer, tel. + 358 20 508 3012
Hausia Oy, Kari Kiviluoma, CEO, tel. +358 45 8533 533
Kojamo is Finland’s largest private residential real estate company and a frontrunner in the housing business. Our mission is to create better urban housing. The Lumo brand provides environmental-friendly housing and services in Finland’s biggest growth centres. We actively develop the value of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. Kojamo’s shares are listed on the official list of Nasdaq Helsinki. For more information, please visit kojamo.fi/en/