Borenius advised Eden Living in its investment in a residential development project in Oulunkylä, Helsinki

We advised Eden Living in its investment in a build-to-rent residential development project in Oulunkylä district of Helsinki, Finland. The property, comprising 70 apartments, is centrally located within proximity to the commuter train and comprehensive local services. The Oulunkylä area offers a wide range of transport links and a short commute to Helsinki’s central business district.

Especially convenient for working professionals and students, the property’s high-quality apartments are designed for effortless living. All apartments are equipped with supply air cooling, and residents have access to a shared laundry room and a top-floor sauna. There are also 28 parking spaces on the property, with charging infrastructure readiness for electric vehicles.

The EPC A-rated, energy-efficient building will be EU Taxonomy aligned and heated using geothermal energy. The project promotes sustainable urban development by creating new homes alongside existing infrastructure, services and transport links, thereby avoiding the need for additional land take.

Construction work starts immediately, and the property will be constructed by Fira. The property is expected to be completed in 2027.

Eden Living is a joint venture established by Keva, Finland’s largest pension insurer, and Taaleri Real Estate. It invests in high-quality build-to-rent residential development projects in Finland’s growth centres. Taaleri Real Estate manages all activities related to Eden Living.

Taaleri Real Estate is a real estate investor and fund manager combining local market expertise and deep market insight to deliver consistent returns throughout the market cycles. We partner with investors to create long-term value and meaningful impact in tomorrow’s built environments. Taaleri Real Estate is part of Taaleri Group. Taaleri is a specialist in investments, private asset management and non-life insurance, powering change with capital. Taaleri has EUR 2.7 billion of assets under management in its private equity funds, co-investments and single-asset vehicles. The company employs approximately 130 people. Taaleri Plc is listed on Nasdaq Helsinki.