04.06.2024
Avara acquired by management
Avara’s management has acquired the shares of institutional owners and holds approximately 90% of Avara.
24.04.2024
Our 2023 Sustainability Report is published
Our sustainability work progressed as planned, and we have made progress towards our carbon neutrality target in a financially sustainable manner.
13.03.2024
Avara deepens cooperation with Aitoenergia
Geothermal heat as a service contributes to cost-efficiency and low-carbon housing.
27.10.2023
Avara buys geothermal heat as a service
Avara has agreed on cooperation with Aitoenergia with the goal of reducing the costs and environmental impact of properties.
17.08.2023
Apartments of newly-built Herttoniemi development project rented at record speed
The renting of the apartments started at the turn of June–July, and all apartments were reserved by the beginning of August.
17.04.2023
Avara’s sustainability report for 2022 has been published
Avara’s sustainability report for 2022 has been published.
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.