Eden Asunnot Ky, a joint venture established by Finland’s largest pension investor Keva and real asset manager Taaleri Kiinteistöt, has acquired a new residential development project in the Herttoniemi district of Helsinki from JM Suomi Oy, a residential developer with expertise in housing projects. The forthcoming apartment building will comply with the EU taxonomy for sustainable activities and will include 71 rental homes, ranging from studios to three-room family apartments.
The project is part of the ongoing transformation of the former industrial Sohlberg block. Located at Insinöörinkatu 22, the building will be the ninth residential project to commence construction in the area and is scheduled for completion in spring 2026.
The eight-story building is one of 12 apartment blocks being developed by JM Suomi in the Sohlberg quarter. When completed, the area will offer homes for approximately 1,100 residents, contributing to the renewal of the Herttoniemi urban environment with energy-efficient and well-designed housing.
The building will meet Finland’s A-class energy efficiency standard, reflecting Eden Asunnot’s focus on responsible real estate investment.
This investment supports Eden Asunnot’s strategy to invest €300 million in rental housing projects in Finland’s growth centers.