Kojamo plc Press release 30 October 2020 at 12.30 p.m.
Kojamo plc: Lumo Kodit and Jatke Uusimaa Oy agree on the construction of 77 new homes in Kontula, Helsinki
Lumo Kodit Oy and Jatke Uusimaa Oy have agreed on the construction of 77 apartments in Kontula, Helsinki. An eight-storey building will be constructed at Keinutie 9d.
The Keinutie property is an infill development project, which produces a lower carbon footprint than building a new property on an unbuilt plot. The area has good transport links, including a metro station, and it also has a shopping centre, schools and day care centres as well as park-like spaces for outdoor activities. The site employs 140 person-years. The project will be completed in the summer 2022.
This investment supports Kojamo’s strategic growth especially 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.
For more information, please contact: Kojamo plc, Tommi Parikka, Unit Director, Construction, tel. +358 (0)20 508 3614
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/