Here are Frans’s comments as Ovaro launches an 8 million euro apartment building project in Kerava. 
Ovaro Kiinteistösijoitus announced on Monday that it has started construction work on an apartment building in the center of Kerava. The project has a pre-sale rate of approximately 50%, and in our view, the start of the project is a critical step forward for Ovaro’s property development business. It is a concrete step in the company’s strategy, where the focus is shifting heavily towards real estate development and construction. In the big picture, the implementation of the project is in line with our forecasts, but the completion scheduled for the end of 2026 brings revenue into our forecasts sooner than previously estimated.