Etusivun hero-lohko

We develop and manage properties in Finland’s growth centres to help people live their lives better and more sustainably. Renting out homes through our consumer brand Joo Kodit, we want to make rental living easier and more carefree. 

We only make long-term investments, which we've evaluated for their impact on future generations. This means taking responsibility for the sustainable development of communities, while respecting the well-being of both people and the environment.

Rather than problems, we focus on continuous development and improvement. Our simple, honest and fast-moving way of working makes life less complicated for everyone from our partners to tenants. 


Reinventing property development and management

Asuntoyhtymä kohde

Ohjaus Joo-sivulle

See our rental apartments available in Finland and all the information about our services for residents on our website at joo-kodit.fi/en 


Looking for a new home?

__With our sixth birthday coming up soon, we decided to say Joo (which means yes in Finnish) to a new name. Asuntoyhtymä is now called Joo Group.__

In autumn 2021, we launched our rental apartment brand Joo Kodit. Joo felt right to us immediately. This simple word with its positive connotations was a perfect match to our attitude and culture: we have the courage to say joo – yes – to new opportunities, doing things together, and continuous development. After a while, we started to call ourselves the Joo team. 

## From a property company to a pioneer of carefree rental living 

Asuntoyhtymä was founded in January 2017 by the Swedish property company Fastighets AB Balder and our CEO-to-date, Jaakko Niskanen. They still own the company today. At the start of November, Joo Group gets a new CEO, as [Antti Niskanen moves to the role from his current position as Head of Sustainability](https://www.joogroup.fi/en/news/antti-niskanen-appointed-new-ceo/). Jaakko Niskanen will stay on as the company’s board member and owner. 

A lot has happened in the course of the last six years. We already have nearly 5600 completed Joo Kodit apartments and approximately 2000 more under construction. Our agile and bold approach hasn’t changed, though. As a property developer and owner, it’s always our principal goal to offer carefree living to our residents. While we used to outsource renting and other support services in our first years, we’re now proud to produce the vast majority of our services in-house. No wonder, then, that we already have nearly 70 people in the Joo team.

## Joo – the future looks bright

Joo is an attitude that aims for carefree living, regardless of the everyday challenges we all face. When you don’t need to worry about the little things in life, the bigger things come easier, too. And that’s exactly what makes us ready to say Joo to new opportunities – including our new name.

![Joo Group logo](//images.ctfassets.net/nuypofklqhtg/4xrRUnRzKh7l4WxHTLkMzy/437ef46bf267f6e20fccbf00d6bb55cb/Joo.Group_logo.png)

With our sixth birthday coming up, we decided to say Joo (yes in Finnish) to a new name. Asuntoyhtymä is now called Joo Group.

Our new name is Joo Group. Thanks and bye, Asuntoyhtymä!

__Moving to a new home will be made easy, with free help for residents for installing washing machines and light fixtures.__

![As Oy Turun Henningin rakennustyömaata kuvattuna syyskuun alussa](//images.ctfassets.net/nuypofklqhtg/2PqBz4wR9iOGYqZtFCmsmU/e166aba9d52da899a7e170279d4ff603/As_Oy_Turun_Henningin_rakennusty__maata_kuvattuna_syyskuun_alussa.jpg)

In late December, two new apartment complexes commissioned by the Joo Group will be completed in Turku. In total, they will comprise 247 new Joo homes. The residents of As Oy Turun Henning and As Oy Turun Kirstinpuiston Helmi will be able to book the Joo Fixer service to help get their new homes ready. The service offers free assistance for small tasks like installing a washing machine and light fixtures, or putting up pictures or mirrors.

– All our residents might not have the tools needed for small installation or mounting jobs. We want to make moving house easy and carefree by offering help without additional costs. At the same time, we can ensure that appropriate tools are used for each material, so that surfaces will not be damaged for future residents, says the Joo Group Head of Property Management __Mikko Väänänen__.

### New rental apartments and Joo office in Herttuankulma

![As Oy Turun Henning](//images.ctfassets.net/nuypofklqhtg/4SLVyJawdrDQlTXVkKfWXS/cebaac072a41b5ea6a317688b9f0c39d/As_Oy_Turun_Henning_marraskuun_loppupuolella__1__Kuva_Joo_Group.jpg)

As Oy Turun Henning is constructed by Lehto and located in the Herttuankulma district. The apartment complex is rated A for energy efficiency and will consists of a total of 118 studios and one bedroom apartments. There will be nearly 70 charging points for electric cars.

Herttuankulma already hosts an entire block of Joo Kodit apartment complexes. The residents of the area will also soon be served by the new Joo Kodit office, which will be completed on the ground floor of Turun Henning. This makes it easy for residents to pick up the keys to their new homes and ask for help whenever needed. 

### The new development in Kirstinpuisto features geothermal heating

![As Oy Turun Kirstinpuiston Helmi](//images.ctfassets.net/nuypofklqhtg/1lRLwMwwltBUvggk6wNviD/0c149f40ffb98177d8c8b27d87b333f2/As_Oy_Turun_Kirstinpuiston_Helmi.jpg)

Constructed by NCC, As Oy Turun Kirstinpuiston Helmi is the first Joo Kodit apartment complex in the attractive new Kirstinpuisto neighbourhood. Its highlights will include a communal sauna with a roof terrace and an outdoor gym for the residents of the block. The 129 rental apartments vary in size, from studios to three bedroom apartments.

The NCC Project Development Manager __Elias Mäkelä__ confirms that this new development will also fulfill the criteria of the energy rating A.

– Kirstinpuiston Helmi will have ten geothermal wells. It will also have plenty of green infrastructure to manage water runoff, such as large trees and green roofs on the covered parking for cars and bicycles.

Another apartment complex constructed by Lehto, As Oy Turun Olva, will be completed in Kirstinpuisto in spring 2023, with 82 Joo Kodit rental apartments.

Moving to a new home will be made easy, with free help for residents for installing washing machines and light fixtures. 

Turku will get 247 new Joo Kodit apartments in late 2022

![Antti Niskanen vastuullisuusjohtaja Asuntoyhtymä kuva 2](//images.ctfassets.net/nuypofklqhtg/6tnggzdtMDaYYPqWyTaYAW/0a49784eec22e2588ebbe5f1386024ce/1509-asuntoyhtyma___6877.jpg)

Saving energy is one of Joo Kodit’s most important objectives, and that has many practical effects on our operations and rental homes. Here are just some examples of how we’re already reducing our energy consumption today and what kind of action we have planned for the future. 

### We’re calculating our carbon footprint

We’ve commissioned a calculation of our operations’ carbon footprint for 2021, which will be ready in October 2022. The result will give us clear direction as we put together our new, even more comprehensive energy strategy. 

### We’re adopting a centralised energy monitoring system

Monitoring our energy consumption helps us take steps in the right direction. This year we’ve adopted a centralised energy monitoring system. It collects information about the hourly electricity and heating usage from our different properties into a single system. We’ve been testing remote monitoring of water usage in some of our properties, and over the coming winter we’ll roll it out to our entire property portfolio. 

### New development always rated A for energy efficiency

The vast majority of our properties run on renewable energy, and all our new developments fulfil the criteria of the highest energy rating A. All our properties are being gradually transferred to our centralised renewable electricity purchasing system. 

We’re gradually adding more solar power systems – purchases are underway for nine properties in Vantaa, Herttuankulma and Toppilansalmi, Oulu. Our aim is to install solar power systems to these locations during the spring and summer of 2023. We are maximising our rooftop production of solar energy so that we can sell it back to the grid – we don’t limit our production to the needs of our own properties.

### We are revamping our properties’ heating systems

Our oldest property, Vaasan Sandviksbacken, which hosts 137 apartments, will be fitted with geothermal heating and an exhaust air heat recovery system. The implementation planning is currently underway, and our aim is to complete the refurbishment during the summer of 2023. 

Remote heating management and optimisation will be piloted with four different companies. Our objective is to optimise all our properties within the next two years. This will enable us to reduce energy consumption, while monitoring and improving the living conditions of our apartments even more easily than before. 

We’re also developing our apartment-specific monitoring of water consumption and consumption-based billing. Consumption-based billing is an important way of saving energy needed for heating water. By making the monitoring of water consumption more transparent for our residents, we’re also giving them the chance to follow and affect their own water consumption. The pace of transition to consumption-based billing depends on the remote readability of our properties’ current water meters.

### Small steps make a big difference

Besides these big leaps forward, we’re taking several small yet important steps over this autumn and winter. The Joo team will inspect the de-icing systems of our properties’ drainpipes to ensure that they aren’t heated unnecessarily. We’ll also review the lighting settings of our communal spaces.
•	We continuously monitor and adjust the temperature of our communal spaces like stairwells with the help of Joo Fixer and our maintenance companies.   
•	Our newest apartment complexes’ communal spaces are equipped with LED lights.  
•	We’re offering our residents charging points for electric cars and the opportunity to use the Joo Kodit residents’ shared cars.  
•	We’re promoting communal living by opening meeting points for our residents, such as the Joo Olohuone lounge and the soon-to-open Joo Hetki café. (linkki joo magiin) 
•	At the same time, we’re building digital services to make our residents’ life easier.  

In our upcoming articles we’ll tell you more about these project and how they’ll affect our operations and make our residents’ lives even more carefree. 

*Would you like to hear more happy news about rental living? [Subscribe to our newsletter](https://www.asuntoyhtyma.fi/en/uutiskirje) and we’ll keep you posted about what’s happening.*

Saving energy is one of Joo Kodit’s most important objectives.

The practical ways we’re saving energy to benefit all

__9th grade student Kiia Anisimaa's work experience placement involved everything from social media to washing machine installation.__

![TETtiläinen Kiia Anisimaa](//images.ctfassets.net/nuypofklqhtg/3aL6aZlbTlElWbLOHsrcVl/e1dd787262aebec4ce1ca2e1017f833a/TETtil__inen_Kiia.jpg)

__Kiia Anisimaa__ worked at the Oulu office of Joo Kodit for two weeks to find out what renting out apartments is all about. She says she thoroughly enjoyed the experience, though she didn't know what to expect beforehand.

– I just came to try it out. I thought it was going to be a simple job that'd mean sitting in an office with a couple of people. Little did I know how different every day would be.

![Work experience placement Kiia Anisimaa 2](//images.ctfassets.net/nuypofklqhtg/gzxmJuPSQ3UPlJd0QcQ0R/53784181052171e910f0746d177356dd/TETtil__inen_Kiia_2.jpg)

During her work experience placement, Kiia got to pack welcome bags for new residents, update the key management database, and take part in apartment inspections. She also accompanied Joo Fixer on jobs like installing washing machines and putting up pictures.

– What I liked best was meeting residents and helping them out. I also liked the little office jobs, as all the people there were super nice. 

![Work experience placement Kiia Anisimaa 4](//images.ctfassets.net/nuypofklqhtg/43dj94PcojoE6iPxklMLqI/5c6192f97929ae3a30a779fc89266d06/TETtil__inen_Kiia_4.jpg)

To find out more about how the two weeks went, take a look at [our Instagram](https://www.instagram.com/reel/Cj0S9TLDlVK/), where we reposted Kiia's video about her work experience placement. She was happy to have the opportunity to produce content, as she's interested in media studies.

– I'd love to work in media or marketing, and that's what I'm planning on studying after school.

![Work experience placement Kiia Anisimaa 3](//images.ctfassets.net/nuypofklqhtg/bGZYFUkAFIFw2leHb67cN/3a2b8998114741275c64f9d9ed705234/TETtil__inen_Kiia_3.jpg)

Kiia is keen to say Joo (Finnish for yes) to new experiences and opportunities in the future, too. 

– I'll also say Joo whenever I'll have the chance to help others again.

9th grade student Kiia Anisimaa's work experience placement involved everything from social media to washing machine installation.

Work experience placement showed Kiia how apartments are rented out

__The new development will be rated A for energy efficiency and powered by geothermal energy and solar panels.__

![As Oy Oulun Lumihuippu web](//images.ctfassets.net/nuypofklqhtg/1fTEUjQFxuAkB0gftMfL2N/b4567e1a4bd9a6e20acfe60cecca2c87/As_Oy_Oulun_Lumihuippu_web.JPG)

The construction of As Oy Oulun Lumihuippu has started in Hiukkavaara in Oulu. The apartment complex built by Rave Rakennus will comprise 59 Joo Kodit rental homes. The new Joo Kodit apartments, which will be ready in autumn 2023, will include studios and one and two bedroom homes.

Hiukkavaara is planned to become the largest urban district in Northern Finland with 25 000 inhabitants. Oulun Lumihuippu will be located in a prime spot near a grocery store and the Hiukkavaara community centre, which is home to a school, a daycare centre and a library and offers diverse activities from cultural events to handicraft courses. Padel courts, the Hiukkavaara sports field and cross-country skiing trails are less than a kilometre away.

– It’s great to get Joo Kodit apartments in Hiukkavaara, too! It will be a wonderful neighbourhood with lots of opportunities for outdoor recreation and excellent amenities, says the Joo Kodit Head of Sustainability __Antti Niskanen__.

Hiukkavaara, which has been dubbed ”Winter City” wants to set the standard for climate conscious design by saving energy and materials and making nature a part of everyday life. Oulun Lumihuippu will be rated A for energy efficiency and heated by geothermal energy. Solar panels will be installed on the roof.

The CEO of Rave Rakennus, __Mika Kaikkonen__, says that the new apartment complex expands an existing development by Rave Rakennus, the first part of which was completed last summer.

– As Oy Oulun Lumihuippu, Snow Peak in English, is an aptly named next step in the development of the Winter City. Together with the commercial development next to the assisted living facility, it complements an impressive set of new buildings at the centre of Hiukkavaara.

## Joo Kodit inspires community spirit in Oulu

The Oulu area now has more than 1000 Joo Kodit apartments, with over 500 more under construction. The prevention of loneliness in residential living is one of Joo Kodit’s most important objectives. The company has organised residents’ events in Toppilansalmi, Oulu, and the local Joo Hetki café will open in January 2023. The café located on the ground floor of a residential building is open to everyone and doubles as an event venue and a Joo Kodit customer service point.

– According to market research we conducted, one in three people in rental accommodation has experienced loneliness in their home. On the other hand, people were interested in getting to know their neighbours. As a rental apartment owner, we want to provide residents with meeting places, says Joo Kodit Commercial Director __Heta Kärki__.


The new development will be rated A for energy efficiency and powered by geothermal energy and solar panels.

Construction of As Oy Oulun Lumihuippu has started in Hiukkavaara, Oulu

__Asuntoyhtymä’s board has appointed M.Sc. Antti Niskanen as new CEO of the company.  Niskanen, at the moment Head of Sustainability, will start in his new role 1.11.2022.  Current CEO, co-founder of the company, Jaakko Niskanen, will focus on his roles as a board member and owner. __

Asuntoyhtymä has become a key player in the Finnish residential rental market. Jaakko Niskanen describes the journey of Asuntoyhtymä with great pride and joy:  

“I have had the most interesting and rewarding past six years.  In November 2016 I had some extra energy and ended up sending Balder’s __Erik Selin__ an email asking if we could do something together.  To my surprise, Erik responded and a few months later Asuntoyhtymä saw daylight.  Since January 2017, when Asuntoyhtymä was founded, I have had the privilege to head and grow the company as its CEO.  It truly is my second child. However, now six years later, I feel it’s timely to take some distance from the operative actions and continue adding value through my roles as a board member and shareholder.  It is incredible how fast the time has flown.  As of today, we have more than 7300 Joo rental homes rented or currently being constructed. 

I believe to hand over a company and corporate culture we can all be very proud of. My personal life philosophy centers around the idea of making full use of each moment we are given. Integral to this is also finding and living one’s own passions, something I have been lucky enough to do personally. This is a philosophy we share with Antti, although we are different in many other ways. I’m happy to say that there is no other person I would rather see run our company. Antti is a person that can be trusted in all circumstances and as CEO will further promote the concept of sustainability in our corporate DNA”, Jaakko Niskanen says.

![antti and jaakko niskanen ](//images.ctfassets.net/nuypofklqhtg/lQt1iq86r5F4rMNPFWZvK/32c332700cdf755e0e290fc6b6b7a823/antti_ja_jaakko_niskanen_asuntoyhtym__)

## The concept of sustainability inspires Antti Niskanen 

Antti Niskanen has studied industrial engineering in Aalto University. For the past year he has served as Head of Sustainability at Asuntoyhtymä.  Antti finds it fascinating to consider sustainability as a concept that will help companies to sustain over time – hopefully decades and centuries.  Sustainability should not be viewed as one perspective to company’s business activities, but a comprehensive ideology in all actions.  

“I want to thank the board for this unique possibility to head a wonderful company. This is a team sport, and together with the 60 coworkers we are excited to serve and deliver increasing value to all our customers. I look forward to starting as CEO and keeping building a company to sustain over time.” 

Asuntoyhtymä’s board has appointed M.Sc. Antti Niskanen as new CEO of the company.

Reinventing urban living