Share the article

Everaus Kinnisvara becomes a public limited company

Everaus was officially registered as a public limited company on 5 September. This strategic step was taken to help the company achieve its growth objectives. With more than 600 residential units and 80,000 m² of commercial space in its portfolio, the developer aims to maintain its market lead in its niche and double its sales volume in the coming years.

 CEO Janar Muttik says the company currently has a balance sheet total of 35 million euros. “We’ve come along in leaps and bounds, and we’re not done growing yet,” he said. “Our transformation into a public limited company will help us attract even more capital from investors, which is what we need if we want to achieve our growth targets.”

He said that in nearly a decade of operations, the company has found that its customers are increasingly valuing what it offers them. “Well-designed, energy-efficient real estate in an all-in-one environment is what we’ve firmly established ourselves with on the market, and what we’ll be continuing to offer,” he confirmed.

Everaus Kinnisvara was founded in 2015 with the aim of building energy-efficient, fully integrated residential and commercial environments with distinctive architecture and user-friendly planning in locations with good infrastructure. This year will see construction commence on three new residential developments and the next Everaus Minilaod warehouse complex in Haabersti.