For the same reason, I have considered Kojamo, should I ever venture into real estate investing in a moment of weakness:
- A single investment apartment in the Helsinki Metropolitan Area (PK-seutu) would, in my opinion, create too much risk concentration, and I couldn’t acquire multiple properties without the real estate portion of my portfolio becoming too large or the leverage becoming too high.
- The cost structures of housing funds, on the other hand, are too expensive and they are illiquid. Only the fund management company makes money from them.
- That leaves Kojamo or some other Nordic real estate investment company through which to participate in the real estate market for the sake of diversification.