Retta

Retta

Realia Group renews its brand and aims to reform the industry.

HQ location
Helsinki, Finland
Website
Company register number
0871684-7
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DateInvestorsAmountRound
investor

€0.0

round
*

N/A

Acquisition
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR20202021202220232024
Revenues00000000000000000000
% growth-49 %(3 %)7 %(18 %)
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin3 %(5 %)(8 %)(4 %)5 %
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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More about Retta
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Retta, formerly known as Realia Group, stands as a significant provider of property management and real estate services across the Nordic countries. Founded in 2006, the company has established a substantial presence in Finland and Sweden. A pivotal moment in its history occurred in August 2024, when the company was acquired by Odevo, a fast-growing international group aiming to reshape the property management industry. This acquisition positions Retta, which continues to operate under its own brand, as a key player in Odevo's expansion, particularly strengthening its footprint in Finland. Prior to this, Retta was owned by the Nordic private equity fund Altor Fund IV, which had acquired it in 2016.

Retta's business is centered on providing comprehensive solutions for real estate ownership, making it easier, more profitable, and sustainable for its clients. The company serves a diverse client base that includes private and public property owners, real estate investors, fund companies, banks, housing companies (cooperatives), and individual consumers. Its revenue is generated through a broad portfolio of services covering property management, brokerage, residential leasing, construction project management, and financial administration for real estate assets. The business operates through several segments, including B2C housing management (Retta Isännöinti), B2B property management (Retta Management and Retta Sweden), and brokerage services.

The service portfolio is extensive and designed to address the entire lifecycle of property ownership. Key offerings include property management aimed at preserving and increasing real estate value, ensuring high occupancy rates through professional leasing services, and managing construction and renovation projects. Retta also provides specialized financial management services tailored to the real estate sector, covering everything from bookkeeping and budgeting to loan management and regulatory reporting. A digital service channel, OmaRetta, offers transparency and convenience for clients to manage their property-related affairs. Furthermore, the company leverages its scale to offer cost savings to clients and provides data-driven reporting and valuation services to support decision-making.

Keywords: real estate services, property management, brokerage, asset management, Nordic real estate, Finnish property market, residential leasing, commercial properties, housing cooperatives, real estate financial services, property valuation, real estate data, construction management, facility management, Odevo group, Realia Group, Altor, property investment, sustainable real estate, digital property services

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