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Department of Built Environment

Real Estate Economics

Real estate economics analyses the dynamics of real estate markets from the perspectives of e.g. business, planning, technology, value formation and law. The Real Estate Research Group at Aalto University is the only university-level research unit in Finland focusing on the broad area of real estate.
Real Estate Economics

The real estate sector plays a major role in most developed economies, as it is connected to all actors and actions in the society, from individual households to companies and the public sector. For example, in Finland, the sector comprises 70 per cent of our national wealth, 60 per cent of all investments, and 20 per cent of all jobs. 50 per cent of all climate change mitigation possibilities are estimated to be within the real estate sector. For all these reasons, digitalisation, climate change, urbanisation and other global trends are closely integrated into our research.

Our research themes are:

You can study real estate economics in the Bachelor’s programme in Built Environment, in the Master’s Programme in Real Estate Economics as well as in the Master’s Programme in Urban Studies and Planning (real estate specialisation).

Latest publications

Ali Amiri, Anni Hatakka, Seppo Junnila 2025 Engineering, Technology and Applied Science Research

Ali Amiri, Seppo Junnila 2025 Environmental Research: Infrastructure and Sustainability

Eerika Borgentorp, Taraneh Delavar, Maria Holopainen, Seppo Junnila 2025

Taraneh Delavar, Eerika Borgentorp, Seppo Junnila 2025 The Proceedings of the 23rd CIB World Building Congress

Taraneh Delavar, Eerika Borgentorp, Seppo Junnila 2025 International Smart Readiness Indicator Conference : Conference Proceedings

Taraneh Delavar, Eerika Borgentorp, Seppo Junnila 2025 Applied Sciences (Switzerland)

Maria Holopainen, Inari Virkkala, Antti Kinnunen, Seppo Junnila 2025 The Proceedings of the 23rd CIB World Building Congress

Islam Ibrahim 2025

Oana Iliescu, Ali Amiri, Seppo Junnila 2025 Environmental Research Communications

Oana Iliescu, Ali Amiri, Seppo Junnila 2025 CIB World Building Congress 2025, Purdue University, USA
More information on our research in the Aalto research portal.

Research group members

Kevin Drain

Postdoctoral Researcher

Babak Firoozi Fooladi

Doctoral Researcher

Maria Holopainen

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Pauliina Krigsholm

Postdoctoral Researcher
T213 Built Environment

Hanna Kuivalainen

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Sirpa Nieminen

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Antti Juhani Seppälä

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Marika Ventovuori

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Filip von Wehrt

Doctoral Researcher

Otakaari 4

Mechanical engineering 1, K1

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