Kojamo Plc: Lumo Kodit Oy has acquired 83 apartments in Vallila
Media release 2 May 2019 at 10.30 a.m.
Lumo Kodit Oy has acquired the entire share capital of Kiinteistö Oy Helsingin Somerontie 14. Consisting of 83 apartments and one business premises, the building is located in Helsinki’s Vallila district in close proximity to excellent transportation connections and services.
The inner courtyard of Somerontie 14 is part of Vallila’s historic block courtyard, a large and attractive area surrounded by residential buildings. The building is located in close proximity to good transportation connections and services. The new Lumo apartments are singles and two-room apartments, which are in high demand in Helsinki.
The transaction agreement was signed on 30 April 2019 and the tenants will be notified of the transaction separately by letter.
Kojamo plc, Ville Raitio, Chief Investment Officer, tel. +358 20 508 3012
Kojamo is Finland’s largest private residential real estate company and a frontrunner in the rental housing business. Our mission is to create better urban housing. We operate in Finland’s most significant growth centres and our Lumo brand provides rental housing and new services for urban housing with 50 years of experience. We actively develop the value and number 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.