Kojamo Agrees to Sell 44 Residential Properties for 242 Million Euros

Kojamo's Strategic Move in the Real Estate Market



In a significant development for Finland's housing sector, Kojamo plc has announced its agreement to sell 44 residential properties to Apollo-managed funds and Avant Capital Partners for an impressive EUR 242 million. This transaction, which involves selling 1,944 apartments spread across eight municipalities, marks a strategic shift for Kojamo as it continues to concentrate on its investment strategy aimed at Finland's largest urban areas.

The properties included in this deal, completed primarily between the 1970s and 2000s, are located in various cities including Jyväskylä, Lahti, Kuopio, Hämeenlinna, Helsinki, Tampere, Turku, and Espoo. About 80% of these properties are situated outside of the capital region, reflecting Kojamo's intent to streamline its operations and focus on more strategic locations.

Details of the Transaction


Kojamo's plan to divest these non-core assets aligns with its overarching goal for the current fiscal year. The sale aims to enhance the company's portfolio management by shifting resources towards properties that promise higher growth potential. As stated by Ville Raitio, Executive Vice President at Kojamo, “The sale is a significant milestone for Kojamo,” emphasizing the company’s ongoing evolution in a competitive market.

While the transaction is still subject to customary conditions typical of real estate deals, the parties involved are optimistic about finalizing the sale during the summer of 2025. Once completed, the annual total revenue from the properties anticipated to be sold is around EUR 21 million. This financial outcome will provide insight into the impact of this strategic decision on Kojamo’s overall figures for the year 2025.

Future Outlook


Kojamo is Finland's largest private residential real estate company and a major player in the national investment landscape. Its mission centers on creating better urban housing solutions while maintaining a focus on environmentally friendly living. With the impending sale, Kojamo aims to bolster its position as a frontrunner in the property market, ensuring that it continues to meet the evolving needs of city dwellers who value quality and convenience.

As the transaction progresses, Kojamo has committed to updating its stakeholders regarding the sale’s impact on its overall performance. The company’s shares are listed on Nasdaq Helsinki, and it remains a trusted choice for customers looking for quality urban housing solutions. For more information on this transaction or to reach out for subsequent inquiries, you can contact Ville Raitio directly.

In conclusion, KOJAMO’s decision to divest assets signals a pivotal shift in its strategic focus and a sustained commitment to strengthening its core activities in Finland’s urban housing landscape. Stakeholders and market analysts will be keeping a close watch on how this bold maneuver unfolds in the months ahead.

Topics General Business)

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