Kojamo Plc Press release 23 September 2019 Kojamo and SRV have agreed on the acquisition of 42 new apartments on Santaniitynkatu 17 in Kerava. The acquisition is part of the cooperation agreement on 527 apartments made with SRV that was completed with a reverse tendering process organised by Kojamo.
Kojamo and SRV have agreed on the acquisition of 42 new apartments on Santaniitynkatu 17 in Kerava. The acquisition is part of the cooperation agreement on 527 apartments made with SRV that was completed with a reverse tendering process organised by Kojamo.
Santaniitynkatu 17 in Kerava is the first completed deal of the MEUR 120 cooperation agreement with SRV. On 30 August 2019, Kojamo plc and SRV signed a cooperation agreement on implementing rental apartments worth approximately MEUR 120 in Munkkivuori in Helsinki, Matinkylä in Espoo, Iivisniemi in Vantaa and Kerava. The agreement includes six locations with a total of 527 Lumo rental apartments to be completed. The agreement was announced with a stock exchange release on 30 August 2019.
The 42 rental apartments are located by the railway station and services in the Kerava city centre. The apartments will be completed in early October. The apartments are singles and two-room apartments with ideal surface areas. In addition, the house has a few apartments with two or three bedrooms.
Kojamo’s strategy is to invest heavily in the growing apartment supply in Finnish growth centres where the demand for rental apartments is growing due to urbanisation and the popularity of living in rental apartments.
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 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. For more information, please visit kojamo.fi/en/