A unique celebration moment was experienced on Thursday, September 17, 2020 in the Helsinki Stock Exchange, when the trade in the social bond of municipal finance began in Nasdaq in Helsinki. The case was celebrated with a clock event on the stock exchange tradition. The highlight of the listing is when the new stock market players call the stock exchange watch as a sign of stock trading. The event included representatives of setting dwellings as recipients of funding.
Social Bond for Municipal Finance is Nasdaq Helsinki's first social bond. It is also the first social bond in the Nordic countries. A 15-year loan of EUR 500 million has a guarantee of a municipal guarantee center. On the day of the loan on September 3, Bondi was oversized almost four times.
CEO Heli Kotilainen was the speech of the Setlement Housing. He presented to the listeners our social financing target, the plans of the Tapiola Jousenpuisto construction project.
“We are proud that Tapiola's Setlement Housing has been among the first to be approved by social funding for municipal funding. It is important that there are socially impressive investment options for investors,” says Heli Kotilainen.
Read more about a bond on the Association of Finnish Local and Regional Authorities: Finland's first Social Bond was the giant success
Facts: Tapiola Setlement Housing
- The total area of the building: 2791.5 m²
- Homes: 73, of which 15 for special groups
- The average area of dwellings 39 m²
- The social funding of municipal funding
- RTS environmental rating
- Estimated completion 11/2021
- The search for residents will take place during the fall of 2021. The choice of residents is made, as provided for in ARA apartments. We will announce the start of the search on our website.
Implementers
Chief Designer: Helamaa & Heiskanen Architectural Office
: Pohjola Rakennus Oy
Building Consultant: A-Insinöörit Oy
Vihakeniatu: Taina Suonio, Roslings Manor Gardens
Financer: Municipal Finance
