Kojamo Announces Sale of 44 Residential Properties for EUR 242M

Author: Olivia Taylor Updated: 06-06-2025 04:09 PM

Kojamo Enters Agreement to Sell Residential Properties

Kojamo plc has taken a significant step by agreeing to sell 44 rental housing properties to funds managed by Apollo and Avant Capital Partners for a total amount of EUR 242 million. This decision marks a strategic move within Kojamo's investment strategy, demonstrating its commitment to evolving its portfolio.

Details of the Transaction

This sale includes approximately 1,944 apartments located across various municipalities. The properties involved in the transaction span different regions, highlighting the diversity of Kojamo's holdings. Many of these properties date from the 1970s to the 2000s, indicating an established presence in the residential market.

Geographical Scope of the Sale

The residential properties are situated in several Finnish cities, including Jyväskylä, Lahti, Kuopio, Hämeenlinna, Helsinki, Tampere, Turku, and Espoo. By parting with these assets, Kojamo is not only optimizing its portfolio but also concentrating its investments in urban areas, which aligns with modern housing trends.

Timeline and Conditions

The transaction is contingent upon customary closing conditions typical in real estate deals. Both parties aim to finalize the sale during the summer of the upcoming year, indicating a proactive approach to execution.

Strategic Rationale Behind the Sale

According to Ville Raitio, Executive Vice President of Kojamo, the sale represents a key milestone for the company. Nearly 80 percent of the sold properties are outside the capital region, reinforcing Kojamo's ongoing strategy to focus on investment opportunities in larger cities.

Financial Implications

The properties involved in the sale are expected to generate approximately EUR 21 million in annual revenue. Once the sale is completed, Kojamo plans to provide updates on how this transaction impacts its financial outlook for the fiscal year.

About Kojamo

Kojamo stands out as Finland's largest private residential real estate company and a major player in the country's investment landscape. The company's mission emphasizes creating improved urban housing solutions. Through its Lumo housing brand, Kojamo caters to urban residents looking for environmentally friendly living options complemented by quality services.

Committed to enhancing property values, Kojamo continues to evolve its portfolio by developing new properties and improving existing ones. The company seeks to be a leader in the property market and aims to remain the top choice for its customers.

Frequently Asked Questions

What is the total sale price for the properties?

The total sale price for the 44 residential properties is EUR 242 million.

Who are the buyers of the properties?

The properties are being sold to funds managed by Apollo and Avant Capital Partners.

How many apartments are included in the sale?

A total of approximately 1,944 apartments are included in this transaction.

When will the transaction be finalized?

The transaction is expected to be finalized during the summer of the upcoming year.

What is Kojamo's strategy moving forward?

Kojamo's strategy focuses on investing in larger cities and optimizing its property portfolio by selling non-strategic assets.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.