The Supervisory Board of Everaus Kinnisvara AS has decided to expand the company’s Management Board by appointing two new members. Founding member Janar Muttik will continue as a Management Board member, joined by Kaur Kaasikmäe, currently serving as the company’s Head of Development, and Janika Roots, the company’s CFO. The Supervisory Board will decide on the appointment of the new Management Board members on 25 September 2025 or date close to that date. The decision making depends on the entry in the commercial register, which will give effect to the new version of the articles of association in the sections concerning the membership of the management board.
“The new members of the Management Board will bring additional knowledge and experience to the company’s management, helping to manage the increased scale of operations more effectively and to ensure a high level of management quality and capability. With the expanded Management Board, Everaus Kinnisvara will focus on streamlining processes, balanced risk management, and maintaining quality standards to support the company’s long-term growth strategy and to increase value for clients, investors, and partners,” commented Janar Muttik.
CFO Janika Roots will join the Management Board with extensive professional experience and a strategic outlook, bringing in-depth knowledge of capital management, risk mitigation, and financial structure development to the company. “As a Management Board member, I will apply my financial management and real estate sector experience to support the company’s continued growth, transparency, and reliability. I believe that a multi-member Management Board will be able to consider and implement decisions even more effectively, providing confidence to investors and banks, and creating trustworthy and long-term relationships with clients and partners,” commented Janika Roots.
Head of Development Kaur Kaasikmäe has managed and overseen various residential and commercial real estate projects for more than 15 years. Kaasikmäe’s experience and systematic approach to process management will provide the company with additional strength to implement both large-scale developments and niche projects for which Everaus Kinnisvara is known in the market. “My goal as a Management Board member is to apply my long-standing real estate development experience to build professional development processes and to bring in the necessary expertise. This will allow us to focus on product development and to create even higher-quality living and business environments,” commented Kaur Kaasikmäe.
Everaus Kinnisvara is an ambitious residential and commercial real estate developer. Founded in 2015 as a developer of private houses, the company has grown into one of the most diversified developers, with a portfolio that includes apartment buildings, terraced houses, semi-detached houses, and private homes, as well as office buildings, warehouse and stock-office premises, and mini-storage facilities. While residential real estate projects are intended for sale, commercial real estate projects are retained in the company’s ownership and developed as cashflow projects for rental purposes to diversify risks. Everaus Kinnisvara is the only real estate developer in Estonia whose nearly all completed residential developments have received high recognition in home competitions. Due to its forward-looking choices, the developer’s projects have repeatedly been awarded the title “the first of its kind.”