{"id":2061,"date":"2020-02-02T15:07:00","date_gmt":"2020-02-02T13:07:00","guid":{"rendered":"https:\/\/leasegreen.com\/?p=2061"},"modified":"2025-11-13T16:27:30","modified_gmt":"2025-11-13T14:27:30","slug":"catella-houses","status":"publish","type":"post","link":"https:\/\/leasegreen.com\/en\/references\/catella-houses\/","title":{"rendered":"Catella | Houses"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" src=\"https:\/\/leasegreen.com\/wp-content\/uploads\/2025\/11\/catella_lg-scaled-4.jpeg\" alt=\"\"\/><\/figure>\n\n\n\n<p>\u201dAn energy overhaul is one of the few good ways a property owner can make significant cost savings. It also allows us to reduce the price risk. Pressure to increase district heating prices is still growing because the infrastructure is aging and needs renewal.\u201d<br><br><strong>Financial Director Iiro Nurkkala, Catella Asset Management<\/strong><\/p>\n\n\n<section class=\"block block-features items-per-row-3\">\r\n    <div class=\"container\">\r\n        <div class=\"features-grid reveal\">\r\n            \n<div class=\"wp-block-wds-features\">\n<div class=\"wp-block-group features-grid is-layout-flex wp-block-group-is-layout-flex\"><div class=\"block block-feature-item\">\r\n        <div class=\"feature-content\">\r\n        \n<div class=\"wp-block-wds-feature-item\">\n<h2 class=\"wp-block-heading\">308<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">Properties<\/h4>\n<\/div>\n    <\/div>\r\n<\/div>\n\n<div class=\"block block-feature-item\">\r\n        <div class=\"feature-content\">\r\n        \n<div class=\"wp-block-wds-feature-item\">\n<h2 class=\"wp-block-heading\">-63%<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">Carbon footprint<\/h4>\n<\/div>\n    <\/div>\r\n<\/div>\n\n<div class=\"block block-feature-item\">\r\n        <div class=\"feature-content\">\r\n        \n<div class=\"wp-block-wds-feature-item\">\n<h2 class=\"wp-block-heading\">300<\/h2>\n\n\n\n<h4 class=\"wp-block-heading\">CO<sub>2<\/sub> savings per year, tonnes<\/h4>\n<\/div>\n    <\/div>\r\n<\/div><\/div>\n<\/div>\n        <\/div>\r\n    <\/div>\r\n<\/section>\n\n\n<p>Five housing cooperatives owned by <a href=\"https:\/\/www.catella.com\/en\/finland\" target=\"_blank\" rel=\"noopener\">Catella<\/a> property funds moved from district heating to geothermal heating with the help of LeaseGreen. In addition, two properties were fitted with solar energy systems and two had their lighting modernized. According to LeaseGreen\u2019s calculations, the modernization of the technology reduces the heating costs of the five properties by 69 percent and CO<sub>2<\/sub> emissions by 63 percent.<\/p>\n\n\n\n<p>\u201dEnergy costs have risen significantly during the 2000s,\u201d Catella Asset Management\u2019s Financial Director, <strong>Iiro Nurkkala<\/strong> says.<\/p>\n\n\n\n<p>Another important motive is sustainability. According to Nurkkala, it is no longer a question of high-flying speeches but the hard math of property investment value creation:<\/p>\n\n\n\n<p>\u201dSome investors are ready to pay a higher price, that is, reduce their profit demands in order to acquire a low-emission or carbon-neutral property portfolio. Lower emissions are already reflected in both property prices and their liquidity. There are numerous investors in Catella\u2019s property funds that do not invest at all in funds whose sustainability affairs are not in order or closely monitored.\u201d<\/p>\n\n\n\n<p>The five housing cooperatives managed by Catella comprise 308 apartments and a gross surface area of 26 000 m<sup>2<\/sup>. The properties are located in Helsinki, Espoo, Kerava, and Tampere. They consist of four relatively new apartment buildings and one terraced house. All the properties were completed in 2011. In addition to geothermal heating, the rental properties in the housing cooperative located in Helsinki\u2019s Lauttasaari were fitted with apartment-specific cooling that is produced with the same heat pumps and from the same heat well as the heating.<\/p>\n\n\n\n<p>The combined CO<sub>2<\/sub> emissions of the five Catella properties were reduced by almost 300 tonnes each year. The carbon footprint was reduced by the same amount as 1500 Helsinki\u2013Berlin return flights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201dAn energy overhaul is one of the few good ways a property owner can&#8230;<\/p>\n","protected":false},"author":2,"featured_media":2103,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_page_background_color":"","_accent_color":"","footnotes":""},"categories":[164,104,103],"tags":[],"class_list":["post-2061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-associations","category-property-investors","category-references"],"acf":[],"_links":{"self":[{"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/posts\/2061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/comments?post=2061"}],"version-history":[{"count":2,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/posts\/2061\/revisions"}],"predecessor-version":[{"id":2297,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/posts\/2061\/revisions\/2297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/media\/2103"}],"wp:attachment":[{"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/media?parent=2061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/categories?post=2061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leasegreen.com\/en\/wp-json\/wp\/v2\/tags?post=2061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}