Kojamo's stock rebounds as Finnish housing market regains investor trust
Kojamo Oyj, Finland's leading residential landlord, is drawing attention from investors as its stock shows signs of recovery. After a period of decline, the company's shares have gained momentum, fuelled by shifting economic conditions and housing market trends.
German investors, in particular, are taking note of the opportunity to diversify without currency risk, as Kojamo trades in euros.
Kojamo's business mirrors that of German property giants like Vonovia and LEG, focusing on buying, holding, and renting urban apartments. The company's fortunes remain closely linked to Finland's housing sector, where strong demand—especially in Helsinki—keeps rental markets active.
The recent rebound in Kojamo's share price follows hopes of an interest rate turnaround in Europe. Lower borrowing costs could ease financial pressure on property firms, improving their outlook. Analysts currently rate the stock between hold and buy, noting it trades below its estimated value.
Yet, risks remain. Finland's smaller economy means Kojamo is more exposed to regulatory or macroeconomic shocks than larger competitors. Its performance still hinges on interest rate trends and the stability of the Finnish market, making it a cyclical bet with potential for a comeback.
For German investors, the stock offers a way to spread risk while avoiding currency fluctuations. The appeal lies in its euro-denominated trading and the possibility of further gains if interest rates drop.
Kojamo's recovery reflects broader expectations of lower interest rates and a steadier Finnish housing market. The company's urban rental focus and euro-based trading add to its attraction for investors seeking diversification.
To track its performance against peers like Vonovia and LEG, financial platforms such as Bloomberg or Yahoo Finance provide the latest data and comparisons.