As the Oulu University of Applied Sciences is moving most of its’ units and their 6 000 students to Linnanmaa campus in the fall 2020, the demand for housing in the area will increase substantially. To be able to serve this new demand, we are taking measures to increase our housing capacity in Linnanmaa and its’ nearby areas. At the same time, we are also taking steps to build new apartments close to Kontinkangas campus. The area of Välkkylä and Peltola is ideally located close to both a campus and downtown Oulu.

At the beginning of January we have been involved in two real estate transactions where a plot in Virkakatu 6 was purchased to PSOAS and property in Hanhitie 17 sold to JHS-Kiinteistöt Oy. Last year, we also purchased an office building in Tutkijantie 2 from Technopolis Oyj to be renovated into student apartments by the end of the summer 2019. The Virkakatu 6 real estate includes some old buildings which will be demolished this year and replaced by new ones as soon as possible. As the Linnanmaa town plan is being renewed we are constantly looking for good building opportunities to ensure the availability of affordable student housing close to campus. In Välkkylä the design process launched by an architectural competition two years ago, will be completed during the spring. The building being designed is higher than any other PSOAS house.