Kojamo divests historic Helsinki property to Cobbleyard and HCP Bricks

Finland Finland — Kojamo sells the historic property located in Kamppi to Cobbleyard Real Estate Oy and HCP Bricks.

Finnish giant predicts a sharp fall in house prices

Finland Finland — Finnish housing company Kojamo's total revenue landed at 112 million euros in the third quarter, which is an increase of 5.7 percent, while net rental income increased by 6.3 percent to 83.1 million euros compared to the same period last year, when the figure was 78 ,2. "Our business has developed as expected and our results are stable," says the company's CEO, Jani Nieminen.

Kojamo has signed a new EUR 425 million term loan

Finland Finland — Kojamo has signed a new EUR 425 million term loan facility agreement linked to its sustainability targets together with five relationship banks.

CXO Tiina Kuusisto to leave Kojamo

Finland Finland — Upon mutual agreement, Tiina Kuusisto, a member of Kojamo plc management team since 2019, will not continue working for Kojamo. Her work obligation ends on August 23, 2023.

Kojamo could lay off up to 80 employees

Finland Finland — In yesterdays Q2 report, Kojamo announced that they are launching a savings program with the aim of maintaining the company’s profitability. During the presentation of the report, CEO Jani Nieminen said among other things that the measures could lead to a maximum of 80 employees being laid off from the company.

Kojamo starts savings program

Finland Finland — Kojamo is launching a savings program in light of the fact that the uncertainty prevailing in the financial and housing markets poses a significant risk to the company's profitability. In the company's Q2 report total revenue increased by just over 8 percent, while profit before tax fell to EUR 72 million.

Kojamo transforms historic facilities into rental apartments

Finland Finland — Prestigious properties of the Helsinki University of Technology’s chemistry department on Bulevardi get a new lease on life as rental apartments.

Kojamo's CDO to Leave the Company

Finland Finland — Katri Harra-Salonen, a member of Kojamo's management team since 2020, has resigned and will be leaving her current position as CDO (Chief Digital Officer) at Kojamo.

Kojamo Recruits to Management Team from Sato

Finland Finland — Janne Ojalehto (MBA) has been appointed as Executive Vice President, Housing at Kojamo plc. He will be responsible for sales, including both in-person sales of apartment rentals and direct online rentals, and for redeeming the living experience in the customer interface.

Kojamo Has Signed a New EUR 50 Million Credit Agreement

Finland Finland — Kojamo signed with Danske Bank EUR 50 million credit agreement linked to its sustainability targets.

Kojamo Signs EUR 100 Million Credit Agreement with OP Corporate Bank

Finland Finland — Kojamo plc has signed a new EUR 100 million credit agreement with OP Corporate Bank. The credit agreement is unsecured and has a maturity of six years.

Kojamo Acquires in the HMA

Finland Finland — Kojamo's Lumo Kodit has agreed on the purchase of a total of 141 apartments in Töölö, Helsinki and Pähkinärinne, Vantaa.

The Hot Residential Area in Finland's Number Two

Finland Finland — Ville Raitio, CIO of Finland’s largest private residential real estate company Kojamo: "Our strategy focuses on growing locations with strong..."

Heimstaden Bostad Owns 15 Percent of Kojamo

Finland Finland — Heimstaden Bostad has bought 54,403 shares in Kojamo Oyj, bringing total ownership to 15 percent.

Kojamo to Develop Apartments in Tampere

Finland Finland — Kojamo trademark Lumo Kodit has agreed with Marvea Oy on the construction of 49 new rental apartments at Näsilinnankatu 40 in Tampere.

Kojamo About to Divest Assets: “We Are Evaluating Our Alternatives”

Finland Finland — Ville Raitio, CIO of Kojamo, tells Nordic Property News about the company’s strategic options outside of the key growth centres, whether there are any other alternatives than divestments, and investment targets for 2022.

“We Evaluate All Interesting Investment Opportunities“

Finland Finland — Christian Fladeland, Co-CIO of Heimstaden, tells Nordic Property News about the ten percent acquisition of Kojamo’s shares, whether they will increase their holding going forward, and the attraction to the Finnish residential market.

Heimstaden Bostad Acquires Ten Percent of Kojamo

Finland Finland — Heimstaden Bostad has bought 13,442,000 shares in the listed Finnish residential company, bringing total ownership to 10 percent.

Kojamo Company Establishes Wooden Buildings in Espoo

Finland Finland — Two wooden apartment buildings are being built in Nöykkiönlaakso, Espoo. For these buildings, sustainability was already taken into account when making investment decisions and, above all, from the perspective of the overall resident experience.

Kojamo Expects a Post-Covid Environment Shortly

Finland Finland — Jani Nieminen, CEO of Kojamo, on the H1 figures, the demand for rental residential units, and the listed giant’s forecast.

Kojamo Makes Helsinki Acquisition

Finland Finland — Kojamo's Lumo Kodit Oy acquires a real estate development project from Newil & Bau and Samla Asunnot in Lehtisaari, Helsinki.

The Finnish Residential Market to Recover After the Pandemic

Finland Finland — Jani Nieminen, CEO of Kojamo: “Things will normalize soon; international players are here and will provide color to the Finnish market.”

“We Have Seen Quite Aggressive Yields”

Finland Finland — Kojamo’s CEO Jani Nieminen on the Q1 results, how the international players are affecting the Finnish transaction market, and the still ongoing impact of Covid-19 on the residential market.

The Hits Towards the Finnish Residential Market During the Pandemic

Finland Finland — Kojamo’s CEO, Jani Nieminen: “The occupancy rate will increase the late part of this year.”

Kojamo Is the Most Equal Listed Company in Finland

Finland Finland — Kojamo was ranked the best among Finnish listed companies in the EWoB Gender Diversity Index 2020 survey. According to the survey, Kojamo is the most equal in Finland and ranks 23rd at the European level.