Kojamo stock holds steady as half-year 2026 rental income edges higher
Published on 08/31/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Kojamo Plc stock (ISIN FI4000292438) is backed by a half-year 2026 report that shows rental income increasing in the mid-single-digit percentage range compared with the same period of 2025, underlining stable demand for urban housing in Finland as of June 30, 2026.
Per the latest half-year figures to June 30, 2026, rental revenue reached a level in the hundreds of millions of euros, with the increase versus half-year 2025 driven by low vacancy and incremental rent per square meter across Kojamo's residential portfolio.
The company’s operating profit (EBIT) in the half-year 2026 period also improved compared with half-year 2025 despite higher interest expenses, indicating that efficiency measures and consistently high occupancy are helping to offset funding-cost pressures.
Half-year 2026 metrics show resilient rental cash flow
The half-year 2026 report highlights that Kojamo’s rental income grew by a mid-single-digit percentage compared with half-year 2025, a quantified gain that reflects both higher average rent per square meter and sustained demand in core Finnish city locations.
In the same period to June 30, 2026, vacancy remained low across Kojamo’s portfolio, so a large majority of apartments generated rental cash flow, supporting stable operating cash flow from ongoing business activities and reinforcing the income profile that underpins Kojamo stock.
The half-year 2026 figures also show that net leverage has risen modestly compared with the prior year but remains within the company’s target corridor, meaning balance-sheet risk is being managed while Kojamo continues to invest in its residential portfolio.
Profitability and financing costs in a higher-rate environment
Higher interest expenses in the half-year 2026 period compared with half-year 2025 are visible in the company’s income statement, but they have been partially contained through long-term interest-rate hedging and a funding profile that limits short-term refinancing risk.
Despite this upward pressure on financing costs, operating profit (EBIT) in half-year 2026 still improved relative to half-year 2025, indicating that Kojamo’s business model can absorb higher rates when supported by high occupancy and measured rent increases.
For investors in Kojamo stock, the combination of mid-single-digit growth in rental income, a slight rise in leverage within a defined corridor, and controlled interest expenses presents a picture of resilient profitability in a more demanding funding environment as of June 30, 2026.
Lumo-branded apartments anchor Kojamo’s offering
A central component of Kojamo’s business model is its Lumo-branded rental housing, which consists of modern, professionally managed apartments in major Finnish cities aimed at tenants seeking flexible long-term rental solutions.
These Lumo units are typically located in urban areas with good transport links and services, which supports occupancy and allows Kojamo to achieve steady growth in average rent per square meter over time, as reflected in the mid-single-digit increase in the half-year 2026 period.
Kojamo stock and recent market context
Kojamo shares are listed on the Helsinki stock exchange in the residential real estate and rental sector, and as of August 30, 2026, the stock’s performance is closely tied to expectations for the company’s ability to sustain rental-income growth and manage its leverage and interest costs.
In this context, the mid-single-digit increase in rental income in half-year 2026 versus half-year 2025, combined with an improvement in operating profit despite higher interest expenses, is a key support for Kojamo stock’s valuation in late August 2026.
Read more
Investor Relations information on Kojamo’s strategy, financials, and portfolio is available on the company’s own investor pages.
Residential portfolio focused on Finnish cities
Kojamo’s portfolio consists largely of multi-family residential properties in Finnish urban areas, with a focus on the Helsinki metropolitan region and other major cities where demand for rental housing remains structurally strong.
The emphasis on professionally managed, modern apartments helps Kojamo maintain low vacancy and supports the steady rental-income growth shown in the half-year 2026 figures, where rental revenue rose by a mid-single-digit percentage compared with half-year 2025.
Kojamo stock supported by rental-income growth
As of August 30, 2026, Kojamo stock is underpinned by the company’s half-year 2026 performance, where rental income increased in the mid-single-digit percentage range versus half-year 2025 and operating profit improved despite higher interest expenses, while net leverage stayed within the target corridor.
Fact box
Company: Kojamo Plc
ISIN: FI4000292438
Ticker: KOJAMO
Exchange: Helsinki
Sector / Industry: Residential real estate, rental housing
Index membership: Finnish equity market
