Elo's goal is to invest in new or excellent rental properties. As a pension company, Elo makes investments with a long investment horizon beyond market cycles, and real estate will continue to play an important role in diversifying investment risk.

"Although the situation in the real estate transaction market has been challenging, there have also been good opportunities in the market for long-term investors like us. The properties we have now acquired are located in prestigious areas, are well maintained and support the development of our portfolio. We see residential properties located in interesting areas as attractive investments," says Elo's senior portfolio manager responsible for transactions Tatu Pakarinen .

The Töölö and Kallio sites are well suited to Elo's diversified real estate investment portfolio, both in terms of the quality of the sites and their excellent location. The quality level of the renovated apartments meets the customers' requirements well, and the surrounding areas offer comprehensive services and functioning public transport connections.

"According to our plans, we continue to invest in high-quality residential properties where we operate as a long-term landlord. The properties we have now acquired have a great history, and they complement Elo's housing supply in central locations in Helsinki. The outlook for residential investments, both from the perspective of rental demand and stable returns, has remained favorable in the long term," says Kimmo Kuoppa, portfolio manager of Elo's residential investments.

Elo's total investment assets are worth a total of approximately EUR 30 billion, of which real estate investments account for approximately EUR 3.9 billion.