- CEO
- Reima Rytsölä
- Full Time Employees
- 245
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- Mannerheimintie 168a Helsinki Finland 00300
- IPO Date
- Jun 15, 2018
- Business
- Lumo Kodit Oyj is a Finnish property owner and manager focused on residential and commercial real estate, offering a broad portfolio of rental housing and commercial premises across Finland, with additional asset management and related services.
Main products and services
- Residential property ownership and rental management: long-term rental apartments; asset management of rental housing portfolios; tenancy administration; occupancy optimization; maintenance and repair coordination; tenant services.
- Commercial property ownership and rental management: rental of office, retail, and other commercial spaces; commercial property asset management; leasing and site operations; property maintenance and facilities management; tenant relations and service delivery.
- Property development and asset management services: acquisition evaluation and due diligence; portfolio optimization strategies; renovation and modernization programs; sustainability and energy-efficiency initiatives; asset performance reporting.
Latest major company changes
- Strategic portfolio reconfiguration and expansion of Finnish residential and commercial assets, including changes to ownership mix and rental strategy aimed at improving occupancy and yield.
- Enhanced focus on modernization and energy-efficiency upgrades across owned properties to align with green building initiatives and regulatory standards.
- Potential organizational realignments to streamline asset management, leasing operations, and customer service frameworks in response to market dynamics and portfolio growth.
- Ongoing evaluation of partnerships and collaborations to bolster property management capabilities and access to capital for portfolio optimization.
Additional context
- Industry and segments: real estate, specialized in residential and commercial property ownership and management; asset management and development services.
- Target markets/customers: tenants seeking rental housing and commercial tenants/retailers within Finland; institutional investors and pension funds seeking stable property assets.
- Geographic operations: Finland, with a nationwide property portfolio and regional leasing activities; emphasis on growth within major Finnish markets.
- Founding year and headquarters: established in Finland; headquarters in Helsinki region.
- Subsidiaries/structure: operates as a consolidated real estate company with a diversified portfolio; part of a broader corporate group structure.