Media release 14 December 2021 at 12.30 p.m.
Lumo Kodit Oy has agreed with SRV on the construction of 78 new apartments in Munkkivuori, Helsinki
Lumo Kodit Oy has signed an agreement with SRV on the construction of 78 new apartments in Munkkivuori, Helsinki. The 11-storey residential building will be built in the popular residential area next to the well-known Pohjola building. The project is part of the cooperation agreement signed with SRV on 30 August 2019.
Lapinmäentie 8 offers its residents high-quality housing and diverse services that make their daily lives easier, such as home cleaning and installation services. All apartments have a sunroom or balcony. The building will also have good storage facilities and a washing room for residents.
The size of the apartments ranges from studios to three-room apartments, and several family apartments also have their own saunas. The building also has four three- and four-room-apartments that are on two floors. The apartments will be completed in late 2023.
Lapinmäentie 8 will be built in the residential area next to the Munkkivuori shopping centre and the Kangaspelto park. Public transport links are great and local services are comprehensive, ranging from grocery stores to banks, cafés, restaurants and health services. There is both a Finnish- and a French-speaking school in the area, as well as a number of day care centres. Tali golf course, bowling alley and tennis centre are located nearby. The area is a short distance to nature trails and the seashore.
The project is in line with Kojamo’s investment strategy. Kojamo’s strategy is to invest in increasing 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 one of the biggest investors in Finland. Our mission is to create better urban housing. Lumo offers environmentally friendly housing and services for the city dweller who appreciates quality and effortlessness. 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 https://kojamo.fi/en/.