Eden Living invests in build-to rent residential development project in Herttoniemi region of Helsinki, Finland. Eden Living is a joint venture established by Taaleri Real Estate and Keva, Finland's largest pension insurer. Eden Living builds 71 high-quality rental apartments, ranging from studios to family homes. The investment is EU Taxonomy aligned, and the building’s energy efficiency class is A.

Construction work starts immediately, and the property will be constructed by JM Finland.

Eden Living aims to invest a total of EUR 300 million in high-quality build-to-rent residential development projects in Finland's growth centres. Taaleri Real Estate is actively looking for multifamily development projects to be acquired in line with its investment strategy. The joint venture's projects comply with Keva's responsible investment principles for direct real estate investments, which emphasise the energy efficiency of properties and the climate impact of the energy production on site at properties.

“The current market environment presents attractive opportunities for residential investments aligned with our strategy. We are confident that the ongoing megatrend of urbanisation will continue and will drive demand for high-quality rental apartments in areas with strong transport links,” says Jan Hellman, Investment Director at Taaleri Real Estate.

“We are excited about our collaboration with Keva. Herttoniemi property marks a robust start for Eden Living’s investment activities. Our goal is to carry out several similar investments,” says Tuomas Ahonen, Head of Investments at Taaleri Real Estate.