Kojamo plc Press Release 13 May 2020 at 2.30 p.m. EEST
Kojamo plc: Lumo Kodit to build 137 apartments with Peab
Lumo Kodit Oy has signed a contract with Peab to build 137 apartments in Vermonniitty, Espoo. The new Lumo apartments will be located at Uuno Kailaan katu 4, in a quickly developing area close to Leppävaara’s excellent service offering and great public transport links.
The apartment building at Uuno Kailaan katu 4 will have 5–8 floors, four stairways and an outdoor storage. The apartments at the location include singles as well as two-room, three-room and four-room apartments. A shared parking hall has recently been completed for residents’ use. The new Lumo apartments will be completed in January 2022.
The investment in Uuno Kailaan katu 4 support’s 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. +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/