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In a significant shift in Finland s real estate market, Helsinki and Espoo s value areas, specifically South Helsinki and Westend, have gained traction as desirable locations for homeownership. This trend is largely attributed to a general decrease in housing prices, making these prestigious areas more accessible to buyers. Despite the changes, the popularity of owning a home remains strong, with consistent demand across various neighborhoods. ....
The City of Espoo has taken a significant step towards its 2030 carbon neutrality goal by selling about 21.6 hectares of land in Hepokorvenkallio, Högnäs, to Microsoft 3465 Finland Oy. This land sale, amounting to approximately EUR 30.9 million, paves the way for the construction of a data centre, which is set to play a crucial role in Espoo s climate strategy.
The planned data centre is more than just a hub for digital storage and processing. ....
Espoo is set to welcome its first international performing arts festival, &Fest – Focus Gent, in March 2024, showcasing six central European performances. Produced by Espoo Theatre, the festival turns its spotlight towards Belgian theater, offering a diverse range of styles across three stages: &Revontuli, &Louhe, and House of Dance. Inspired by the city of Ghent s values - united, offbeat, groundbreaking - the festival aligns with the ethos of exploring new frontiers, challenging the status quo, and fostering unity. ....
Statistics Finland’s preliminary data indicate that the city grew particularly as a result of cross-border and inter-municipal migration, the former accounting for over half of the gains in the first three quarters of the year. ....
In a bold move amidst economic uncertainties and rapid population growth, Espoo s Mayor, Jukka Mäkelä, has unveiled the city s 2024 budget proposal, emphasizing significant investments in schools and day care centres. This initiative arrives as Espoo continues to experience the fastest population growth among Finnish cities, despite global economic pressures and domestic financial reforms impacting local funding. ....