NASDAQ OMX Helsinki Welcomes Orava Residential Real Estate Investment Trust Plc

Helsinki, October 14, 2013

NASDAQ OMX (NASDAQ: NDAQ) announced that trading in Orava Residential Real Estate Investment Trust Plc (OREIT) shares commenced today on the main market of NASDAQ OMX Helsinki. Orava Residential Real Estate Investment Trust is a small cap company within the sector Financials, and it was founded in 2010.

Orava REIT is the first Real Estate Investment Trust company in Finland. The company invests mainly in rental apartments in large and medium-sized cities in Finland. Its operations are regulated by the Act on Real Estate Fund and the Act of REIT Tax Exemptions set requirements to the operations. The company distributes dividends four times a year, based on the results for the previous financial year. Orava REIT has more than 1,500 shareholders and it owns more than 650 apartments. More information, visit

Veli Matti Salmenkylä, CEO of Orava Residential Real Estate Investment Trust Plc, commented: “We are pleased to be the first Finnish REIT on NASDAQ OMX Helsinki. Through our listings all investors will have easy and efficient access into real estate market. ”

Lauri Rosendahl, President of NASDAQ OMX Helsinki, said: “We would like to extend a warm welcome to Orava which is an exciting addition to our main market at NASDAQ OMX Helsinki. We congratulate Orava on the successful completion of its IPO and look forward to a lasting partnership with the company and its shareholders.”

Lauri Rosendahl welcomes Jouni Torasvirta and Veli Matti Salmenkylä

Jouni Torasvirta rings the bell at NASDAQ OMX Helsinki

Orava Residential REIT and their advisers