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Press release

JM starting production of rental project in Helsinki

JM

JM starts the production of approximately 70 rental units in Herttoniemi, Helsinki.

Production of the residential units will start in the first quarter of 2025 and will be reported as a project property in the business segment JM Finland's balance sheet until the property is sold. Completion is estimated for the second quarter of 2026.

- We are seeing great interest in JM's new production of rental housing in Helsinki. This is the ninth of a total of 13 apartment buildings that we will construct in the Sohlberg district that JM is developing in Herttoniemi, says Teppo Isokangas, Regional Manager East, JM Finland.

 

Herttoniemi is a district in the eastern part of Helsinki, located approximately seven kilometers from the city center.

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