Construction work has started and the site will be completed in the spring of 2025. The parties have agreed that the purchase price will not be disclosed.

The site will be built as an A energy class house. Almost all apartments have glazed balconies. On the first floor there are three communal saunas, three club rooms and a laundry.

As Oy Espoo's Puustellinhuipu will have a total of 72 parking spaces, some of which will be located in the parking garage already completed for the area and some in the parking garage being built under the yard deck.

"The site developed by JM Finland will have wonderful rental apartments in an excellent location. The views are beautiful in the tower building that rises on top of the hill, which is conveniently located near Leppävaara's comprehensive services and the train station, says Tommi Vaisalo, JM Finland's regional director.

"The property we acquired is a continuation of our excellent cooperation with JM Suomi Oy and increases our fund's supply of high-quality rental apartments in an excellent location," says Mikko Suominen from ICECAPITAL REAM Oy.