Eden Living, a joint venture between Taaleri and Keva, has acquired rental apartments to be built in Helsinki

TAALERI REAL ESTATE                PRESS RELEASE                           27 June 2025 AT 14:10  EEST

Eden Living, a joint venture between Taaleri and Keva, has acquired rental apartments to be built in Helsinki

Eden Living invests in build-to rent residential development project in Herttoniemi region of Helsinki, Finland. Eden Living is a joint venture established by Taaleri Real Estate and Keva, Finland's largest pension insurer. Eden Living builds 71 high-quality rental apartments, ranging from studios to family homes. The investment is EU Taxonomy aligned, and the building’s energy efficiency class is A.

Construction work starts immediately, and the property will be constructed by JM Finland.

Eden Living aims to invest a total of EUR 300 million in high-quality build-to-rent residential development projects in Finland's growth centres. Taaleri Real Estate is actively looking for multifamily development projects to be acquired in line with its investment strategy. The joint venture's projects comply with Keva's responsible investment principles for direct real estate investments, which emphasise the energy efficiency of properties and the climate impact of the energy production on site at properties.

“The current market environment presents attractive opportunities for residential investments aligned with our strategy. We are confident that the ongoing megatrend of urbanisation will continue and will drive demand for high-quality rental apartments in areas with strong transport links,” says Jan Hellman, Investment Director at Taaleri Real Estate.

“We are excited about our collaboration with Keva. Herttoniemi property marks a robust start for Eden Living’s investment activities. Our goal is to carry out several similar investments,” says Tuomas Ahonen, Head of Investments at Taaleri Real Estate.

For additional information, please contact:

Jan Hellman, Investment Director, Taaleri Real Estate, +358 44 544 4445, jan.hellman@taaleri.com

Taaleri Real Estate in brief

Taaleri Real Estate is a Nordic real estate investment and fund manager creating value for our investors by delivering consistent and attractive returns through local expertise and deep sector knowledge. We manage a real estate portfolio of approximately EUR 700 million through our funds and separately managed accounts.

Taaleri Real Estate is part of Taaleri Group, a Nordic investment and asset manager. Taaleri has EUR 2.7 bn of assets under management in its private equity funds and co-investments. The company has approximately 130 employees. Taaleri Plc is listed on Nasdaq Helsinki.

www.taalerirealestate.com

Keva in brief

Keva is Finland’s largest earnings-related pension provider in Finland and is responsible for instituting pension cover in the public sector, including local and state government, the Evangelical Lutheran Church, the Social Insurance Institution of Finland (Kela) and Bank of Finland. Keva serves more than 1.3 million public sector employees. Its investment activities secure the future pensions of the municipal sector and welfare regions. The market value of Keva's investments at the end of 2024 was EUR 71.5 billion. Direct real estate investments accounted for EUR 3.2 billion.

www.keva.fi