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Every development company has to assess the market situation and risks for itself and draw conclusions on whether to launch new developments and on what scale, says Janar Muttik, CEO of Everaus Kinnisvara, in his commentary to Kinnisvarauudised.

The high quality of real estate we are used to in Estonia is by no means as common in Dubai, Spain or Thailand. But while there are downsides, living in an apartment or villa abroad can offer the sort of quality of life where each day feels like you have lived a day and a half.

The first stage of Everaus Kinnisvara’s family-friendly Luige Kodud residential quarter was officially opened in Luige on the outskirts of Tallinn on 18 September. The development features distinctive architecture, environmentally friendly geothermal heating and a car-free, fully landscaped promenade running through the quarter.

The 12th Real Estate Seminar was held at Pihlaka Farm in Peetri on 13 & 14 September, bringing together a broad spectrum of property enthusiasts, from small investors to leading industry executives. Everaus Kinnisvara is delighted to have been one of the organisers of the event for the third year running, contributing to its success.

Everaus Kinnisvara has launched the development of the Kangru Kodu residential quarter in the popular village of the same name in Kiili municipality. The quarter’s infrastructure is scheduled to be completed in spring 2025. The new development will provide homes for 47 families.

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.

Kaur Kaasikmäe, the Development Manager at Everaus Kinnisvara, shared his thoughts and the company’s future plans on the Äripäev Radio morning programme. Discussions covered important issues like the commercial property market, the hidden fall in residential property prices and preparations for an economic upswing.

Everaus Kinnisvara founder and CEO Janar Muttik was a guest on the Äripäev Radio morning programme this week, discussing the reasons for the firm’s transformation into a public limited company, its growth plans and the longer-term goal of taking Everaus public.

The new Everaus Business Centre was officially opened in Peetri on 22 August. In addition to the developer’s own offices, the 1100 m2 building offers functional stock-office commercial and office space, as well as childcare facilities and a café.

Kaur Kaasikmäe, who has an extensive background in property development, joined Everaus Kinnisvara in mid-August. He is responsible for the management of residential and commercial property development.

Last week, Estonia’s first Youth Investment Camp was held on the island of Viirelaid. The event was targeted at 10th and 11th grade students from around the country, aiming to increase their financial literacy and spawn the next generation of Estonia’s investment community.

Everaus CEO Janar Muttik tells Kinnisvarauudised that increased activity on the property market since spring is reflected in the number of enquiries real estate companies are receiving, which has almost doubled.

Everaus Kinnisvara CEO Janar Muttik was recently a guest on Äripäev Radio’s Portfolio Growth Plans show, which focuses on investment trends and opportunities.