The functional occupancy rate was 96.5% in 2019 (97.2% in 2018). The underutilisation of apartments mainly occurred during the spring term and the summer. In 2019, TYS housed approximately 1,580 international students (1,595 in 2018), from a hundred different countries, on average every month. TYS reserved 360 apartment places for international students.<\/p>\n
At the end of the year, TYS buildings also housed six day-care centres, a grocery shop, a restaurant and the offices of the Student Union of the University of Turku (TYY), along with its sub-associations. TYY has also rented the \u2018Q-talo\u2019 building owned by TYS for hosting parties and meetings.[\/vc_column_text][\/vc_column][vc_column column_padding=”padding-5-percent” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color=”#ffffff” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/2″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]TYS was able to maintain the rents of its student and youth housing at a reasonable level. In 2019, the average rent was \u20ac12.60\/apartment m\u00b2\/month, with electricity and water charges and the data network included (\u20ac12.50\/apartment m\u00b2\/month in 2018). The financial occupancy rate of the apartments was 97.1%, which was 0.5 percentage points lower than the previous year. The increase in underutilisation was particularly caused by the increased vacancies in shared apartments and studios with shared kitchens. For 2020, apartment rents were raised by 1\u20132%, depending on the location and apartment type. The rents of some apartments were lowered.<\/p>\n
The total profit for 2019 amounted to \u20ac29.7M (\u20ac26.7M in 2018), of which the sales income from the Aamurusko location makes up \u20ac2.2M. The rental income for 2019 was almost at the budgeted level, amounting to \u20ac27.0M (\u20ac26.3M in 2018). Of the rental income, \u20ac26.4M (\u20ac25.7M in 2018) came from the rent of the apartments, \u20ac0.1M came from the parking and storage fees collected from tenants, and \u20ac0.4M came from the rent of business premises and other rentable premises. The rental income from apartments amounted to \u20ac12.17\/apartment m\u00b2\/month for the entire year (\u20ac12.17\/apartment m\u00b2\/month in 2018). The credit losses entered amounted to \u20ac24,624 (\u20ac22,582 in 2018), and the income from post-collection amounted to \u20ac24,600 (\u20ac23,279 in 2018). Claims for rent amounted to \u20ac237,526 on 31 December 2019 (\u20ac204,967 on 31 December 2018).[\/vc_column_text][nectar_btn size=”large” button_style=”regular” button_color_2=”Extra-Color-1″ icon_family=”default_arrow” url=”\/en\/yearbook-2019#asukkaat” text=”Back to the yearbook” margin_top=”40″][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"
[vc_row type=”full_width_background” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” bg_color=”#f7f7f7″ scene_position=”center” top_padding=”5%” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″…<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":15503,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-18959","page","type-page","status-publish"],"yoast_head":"\n