GEM acted as the seller’s advisor in the sale of an residential and commercial property in Helsinki

Kojamo Oyj’s subsidiary Lumo Kodit Oy has sold a residential and commercial property located at Mannerheimintie 168b in Helsinki in a transaction completed on 29 October 2025. The property, built in 1989, includes 3,101 sq m of residential space and 3,548.5 sq m of office and retail space. The shares sold represent a majority of the share capital of Kiinteistö Oy Mannerheimintie 168. The buyer is Evernord Real Estate Fund VI together with Mirlux Oy.

The property is prominently located on its own plot along Mannerheimintie and tram line 10 in the Pikku-Huopalahti / Ruskeasuo area. The residential units are fully rented, and the commercial premises are occupied by multiple tenants.

Juha Kivelä and Anssi Saarikivi of GEM acted as the seller’s advisors throughout the process.

 

GEM is an independent real estate advisory firm established in 2016 and fully owned by its employees. GEM provides comprehensive advisory services to owners and occupiers of real estate assets and individual premises, including:

  • Sell-side and buy-side advisory
  • Property valuation
  • Leasing services

All members of GEM’s brokerage team hold the Finnish LKV (Licensed Real Estate Agent) qualification, and all members of the valuation team hold AKA (Authorized Property Valuer) authorization. Our professionals have an average of 20 years of experience in the real estate industry.