Business operations

Under the Lumo and VVO brands, VVO Group plc offers versatile and effortless rental solutions coupled with an extensive range of housing services for different life situations.

At the end of the review period, the fair value of VVO’s investment properties was EUR 3.5 (3.7) billion. A total of EUR 0.5 billion have been transferred from investment properties to non-current assets held for sale. At the end of 2015, VVO Group owned 41,153 (40,793) rental apartments, including investment properties classified as held for sale.

The rental housing business is characterised by stability and predictability, which provide a good foundation for development. The nature of our business, our solid financial position, and our good financial performance enable us to make investments in different kinds of economic situations.