Kojamo plc Press Release 11 March 2020 at 9.00 a.m.
New rental housing for Lumo homes in Leinelä, Vantaa
Skanska and Lumo homes, a Kojamo Group company, have signed an agreement on the construction of rental housing in Leinelä, Vantaa. As a residential area, Leinelä is almost complete and served by good transportation connections. Construction of the property called Asunto Oy Vantaan Leineläntie 10 will begin in March 2020, and it is due for completion in late 2021.
The four-storey property will have 47 apartments in two wings. The facade of the building will be mainly plastered in white, with a few colours added as special effects. The facade of lower storeys will be covered with a light granite. The residents will have access to a common club room and a shared sauna, and a separate storage unit for outdoor equipment and a waste disposal room will be built in the yard. The possibility to install solar panels will be built on the roof.
“Cooperation with Kojamo has been fluent and we are looking forward to building this project. The new residents will love the green and colourful blocks in Leinelä,” says Project Manager Iikka Alanen of Skanska.
“The agreement with Skanska supports our strategy 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,” says Kojamo’s Chief Investment Officer Ville Raitio.
Leinelä has developed intensely in the 2010s and the area has an original design, including colourful facades and urban art. Services in the area include two day care centres and a grocery store, and the nature close by provides excellent opportunities for outdoor recreation and sports. The location is ideal for commuters using various modes of transport, because Leinelä is situated along the Ring Rail Line between Tuusulanväylä and Lahdenväylä roads.
Further information:
Skanska Talonrakennus Oy, Iikka Alanen, Project Manager, tel. +358 40 726 4303, iikka.alanen(at)skanska.fi
Skanska Oy, Liisa Salmela, Communications Manager, tel. +358 50 374 3070, liisa.salmela(at)skanska.fi
Kojamo plc, Irene Kantor, Marketing and Communications Director, tel. +358 20 508 3589, irene.kantor(at)kojamo.fi
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. Our Lumo brand provides environmentally friendly housing and services in Finland’s largest growth centres. We actively develop the value of our investment properties by developing new properties, acquiring properties and developing 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. https://kojamo.fi/en