With the transaction, 1,944 apartments will be sold from eight different municipalities across Finland. The properties were mostly completed between the 1970s-2000s, and they are located in Jyväskylä, Lahti, Kuopio, Hämeenlinna, Helsinki, Tampere, Turku and Espoo.

The transaction is subject to the fulfilment of customary conditions for a real estate transaction. The parties’ objective is to finalise the transaction during the summer of 2025.

The sale of these non-strategic properties is aligned with Kojamo’s goals for the current year.

“The sale is a significant milestone for Kojamo. Nearly 80 per cent of the sold properties are located outside the capital region. Kojamo’s investment strategy continues to focus on the largest cities in Finland,” says Executive Vice President Ville Raitio.

The annual total revenue of the properties in sale is approximately EUR 21 million. The company will disclose the impact on the 2025 figures after the closing of the sale.