Etera is one of Finland’s largest real estate investors, with more than EUR 900 million invested in properties.
Real estate investments accounted for 16% of Etera’s investment portfolio at the end of 2012. The majority of the real estate investments are direct investments in Finnish real estate. We also invest in real estate funds. Responsibility is at the core of our real estate investments and construction. New construction also has an important employment effect.
Investments in commercial, office and residential properties
The majority of Etera’s real estate investments are direct investments in Finnish commercial, office and residential real estate as well as housing companies. Direct real estate investments are primarily made in new construction projects being erected in central locations. Etera also invests in assisted living facilities and senior citizen facilities.
Rental properties are long-term investments
Etera also has investments in rental plots that house blocks of flats. Etera has acquired properties in the Helsinki capital region and leased them under long-term agreements to construction companies or housing companies established by them. Etera remains the long-term owner of the properties.
Environmentally responsible construction
Etera is helping to build Finland through its real estate investments. In direct real estate investments we stress life-cycle thinking, flexibility in change situations and taking environmental impacts into account. New office premises constructed for Etera have LEED certification. In residential properties our goal is good energy efficiency.
Etera is part of the Finnish Energy Efficiency Agreement Scheme. We also take into account the source of the energy; Etera’s electricity portfolio has received a certificate for green electricity, which means that Etera’s properties use electricity originating from renewable energy sources.
Users of the properties are regularly asked for feedback, based on which Etera develops its operations. Our goal is to achieve good, long-lasting tenancies.