Kojamo plc Media release 25 November 2020 at 11:30 a.m.
Kojamo plc: Lumo Kodit and Pohjola Rakennus agree on the construction of 54 apartments in Kannelmäki, Helsinki
Lumo Kodit Oy and Pohjola Rakennus Oy Suomi agree on the construction of 54 apartments in Kannelmäki, Helsinki. The project is included in the cooperation agreement signed with Pohjola Rakennus Oy Suomi on 16 December 2019.
Vanhaistentie 1 D is located in Kannelmäki, which a green district close to stores, a school and a day care centre and has excellent public transport links. The club room will be decorated as a comfortable recreation room that can also be used for remote work. The shared club room of the block is also located in the next building. In addition to the communal premises, there are additional services, such as home cleaning and moving services, available for these homes. The new apartments include singles, two-room apartments and three-room apartments, which are well suited also for families.
The construction of the new homes will start in November 2020 and will be completed in early 2022. The project’s employment effect is 154 person-years.
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.
Kojamo plc, Ville Raitio, Chief Investment Officer, tel. +020 508 3012
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/