Lumo One from Kojamo Oyj - Helsinki tower brings rental living up a level

Reviewed: ad hoc news B2B & Pro desk. Edited and checked on 2026-06-27, 03:12. Details in the imprint.

Standing in the glass lobby of Lumo One from Kojamo Oyj, you first notice the quiet hum of the city far below and the clean reflection of Helsinki’s harbor lights in the tall windows. The rental tower feels more like a hotel than a typical apartment block.

What Lumo One offers

Lumo One is a high-rise rental housing tower in Helsinki that Kojamo positions as a flagship for its Lumo-branded homes. The building concentrates modern city apartments together with shared spaces intended to extend the small private floor plans.

Residents can book common areas like lounges and workspaces, reducing the pressure on individual apartments to be everything at once. The concept echoes Kojamo’s broader push toward service-heavy rental living for urban professionals.

Design, services and feel

From the elevators up, Lumo One focuses on bright corridors, large windows and a tidy, Nordic material mix of light wood and smooth surfaces. The idea is to make even compact apartments feel open by pulling daylight deep into the floor plans.

Shared amenities are central to the product. Residents typically have access to laundry facilities, bike storage and rooftop or upper-floor common rooms, with online booking through Kojamo’s Lumo service ecosystem. The result is a rental home that feels connected rather than isolated.

Who Kojamo targets here

Chief Executive Officer Jani Nieminen has repeatedly framed Kojamo’s Lumo properties as aimed at urban people who value location and services over ownership. Lumo One fits that thesis by clustering small-to-mid-size homes right in the Helsinki city fabric.

The tower particularly suits renters who want long-term security without committing to a mortgage. Flexible lease lengths and digital self-service tools reduce friction for people who might change jobs or cities more often than previous generations.

Risk profile and rental market context

Lumo One also serves as a showcase asset in Kojamo’s portfolio in a Finnish rental market shaped by urbanization and housing affordability debates. Concentrated high-rise projects allow Kojamo to manage maintenance and services more efficiently than scattered small buildings.

For tenants, the flip side is that such dense developments depend heavily on how well Kojamo manages noise, elevator queues and shared-space etiquette. A well-run house meeting can matter as much here as a finished kitchen surface.

Kojamo in the capital market

Kojamo uses Lumo One and similar projects to underline its profile as a professional residential landlord rather than a short-term developer. For investors, the building is one physical expression of a scalable rental-housing platform concentrated in Finland’s growth centers.

Kojamo Oyj shares (ISIN FI4000292438) are listed on Nasdaq Helsinki in euros, giving Nordic real-estate investors liquid exposure to Helsinki-focused rental housing.

This article was AI-assisted and editorially reviewed. Product information without guarantee; prices and availability may change at short notice. No investment advice, no buy or sell recommendation. Stock-market transactions involve risks up to total loss.