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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

Taiwo Oladapo Babalola, Olawale Akogun, Opeyemi Michael Ajayi, Michael Osei Asibey, Etido Essien, Ayobami Abayomi Popoola 2025 Urban Agriculture and Regional Food Systems

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
More information on our research in the Aalto research portal.

Research group members

Kevin Drain

Postdoctoral Researcher

Maria Holopainen

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Hanna Kuivalainen

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Sirpa Nieminen

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Tuukka Saarimaa

Professor (Associate Professor)
Department of Economics

Antti Juhani Seppälä

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Otakaari 4

Mechanical engineering 1, K1

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