Avara's Fund Develops 180 Rental Apartments in Espoo

Finland Finland — Avara Residential Fund II develops four residential buildings in the Suvela district in Espoo. The buildings will comprise 180 rental apartments and the investment value of the project amounts to some EUR 40 million.

The Groundbreaking Project in Finland’s Number Two

Finland Finland — Finland’s first geothermal local heating network is being planned for the development area in Espoo. “This project is unique.”

“The Construction Time Financing Has Become More Difficult to Find”

Finland Finland — Finnish property investor Avara’s CIO Tuomas Rantsi tells Nordic Property News about the JV with Starwood, residential challenges in Finland and the strategy for 2020.

Avara Purchases Property Management Company

Finland Finland — Residential investor Avara has acquired housing management company Aari Isännöinti from Avain Yhtiöt Oy.

After the JV with Starwood: Avara’s New Strategy

Finland Finland — Avara's CIO Harri Retkin and CEO Mika Savolainen tells Nordic Property News how they will grow their business, going forward, and the foreign interest for Finnish properties.

Starwood Enters Finland – Acquires Residential Portfolio with Avara

Finland Finland — Starwood Capital Group, a leading global private investment firm, yesterday announced the acquisition through a controlled affiliate of a Finnish rental residential portfolio of approximately 2,200 units in partnership with Avara from a consortium of domestic vendors.

Avara and Lehto Signs Deal for Housing

Finland Finland — Avara and Lehto Asunnot Oy have signed a framework agreement concerning a housing portfolio which includes construction of 340 apartments in five cities around Finland. Avara acquires portfolio for Avara Asuinkiinteistörahasto I Ky -PE fund.