04.06.2024
Avara acquired by management
Avara’s management has acquired the shares of institutional owners and holds approximately 90% of Avara.
09.02.2023
100 Avara’s rental apartments to be built in Central Pasila
Avara and Senate Properties have reached an agreement on the sale of plots in Central Pasila. Avara will carry out two new property development projects.
21.10.2022
Avara’s new property development project in the centre of Tapiola
At completion, the project will include about 120 non-subsidised residential apartments and a significant amount of commercial space and common areas.
20.10.2022
Avara further increases its lead in Finland's environmental standards by receiving fifth 'Excellent' BREEAM certification
Avara has received BREEAM certificate in Excellent level for no less than five residential properties.
04.08.2022
Starwood Capital and Avara sell a portfolio of 2,200 apartments in Finland to Orange Capital Partners
Starwood Capital Group and their operating partner Avara Oy have sold a residential portfolio in Finland to Orange Capital Partners (OCP).
20.04.2022
Record growth in the number of Avara apartments and new steps towards carbon neutrality
The value of assets under management increased to over EUR 1.5 billion, and the number of apartments in the funds increased to 8,500 residential units.
25.01.2022
Avara to complete a new property development project with 69 apartments in the former industrial area in Herttoniemi
Avara is to complete an apartment building project with 69 affordable and energy-efficient rental apartments in the neighbourhood of Herttoniemi in Helsinki.
01.10.2021
Avara takes a new step towards carbon-neutral property development with Finland’s first geothermal energy solution
Avara is developing a residential building complex in Espoo’s Finnoo neighbourhood that will use a geothermal local heating network as its energy solution.
29.04.2021
Avara’s newest fund is to complete 200 new apartments in growth centres
Avara Residential Fund II, a fund managed by Avara, will increase its portfolio with 200 new rental apartments in Helsinki and Tampere during spring.