Sepänniemenkatu 2 was completed in 1993. There are 82 apartments in the detached house area. The two blocks of flats of Hirsimetsäntie 94 were completed in 1983. They have 63 apartments and are used as student housing.

The sale of real estate is part of the Lahden Talot's strategic reform program, where the real estate portfolio is being systematically developed by divesting some properties, refurbishing existing properties and investing in new production.

"We are pleased that the development program is progressing and the properties have found a good new owner," says Jukka Anttonen, Managing Director of Lahden Talot.

"The real estate will continue to be leased, and the current lease agreements will be transferred under the terms of the transaction," says Henri Neuvonen, Managing Director of JHS Real Estate Ltd.

The parties will not disclose the purchase price. Lahden Talot was advised by Suomen Toimila.