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Apartments of newly-built Herttoniemi development project rented at record speed

17.08.2023 | Read time 2 min

By the end of September, 69 energy-efficient and affordable rental apartments will be completed for Avara on the edge of the so-called Sohlberg block in Peltisepänkuja in Herttoniemi. The new property development project, located in the immediate vicinity of the shopping centre Hertsi and the metro station, has been implemented in accordance with the requirements of energy class A. The renting of the apartments started at the turn of June–July, and all apartments were reserved by the beginning of August. 

When it comes to the new property development project in Peltisepänkuja, all the criteria for a successful rental were met. We had high-quality and affordable apartments on offer in a top location with a wide range of services. Our professional rental team and proprietary rental system made it possible to achieve great results with this property. The success is also evidenced by the excellent customer feedback on the leasing of the property, says Avara's Senior Leasing Manager Hanna Smedjebacka.

peltisepankuja harjannostajaiset

At Peltisepänkuja in Helsinki, a topping-out ceremony is currently taking place. Participating, among others, are Johan Lundgren, Hanna Smedjebacka and Olli-Pekka Hyvölä from Avara's rental team.

A record-breaking rental rate of two months before completion is a remarkable achievement in this market. This reflects the attractiveness of the area and the property and is a strong indication of the seamless cooperation between Avara's rental, marketing and real estate development teams, says Tuomas Rantsi, COO of Avara. 

Peltisepänkuja 5 in Helsinki is a rental property under the short-term interest subsidy loan scheme, complementing the housing portfolio of the Avara Vuokrakodit I fund that invests in affordable housing. The main contractor of this new property development project is JM Suomi Oy. They have built apartment blocks designed for owner-occupied housing in the same area. 


More information

Tuomas Rantsi, COO, Avara Oy,, 040 838 5276