Retta
Retta is Finland's largest property management company, serving approximately 6,000 housing companies and 150,000 homes via subscription tiers (RettaVakaa, RettaJousto, RettaHelppi) and the OmaRetta digital portal, operating under Odevo Group since August 2024.
- Company typePrivate
- Founded1970
- HeadquartersHelsinki, Finland
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Retta does
Retta Isännöinti Oy is Finland's largest property management company, serving approximately 6,000 housing companies (taloyhtiöt) and managing roughly 150,000 residential homes across the country. Founded in 1970 and previously part of the Realia Group, Retta was acquired by Sweden-based international property management group Odevo in August 2024 and now operates as a sister company to Kontu under Odevo, with PE backing from Altor. The company provides comprehensive property management services including financial administration, technical management, statutory compliance, renovation oversight, and board support for apartment and property joint-stock companies of all sizes, through a nationwide network of local offices spanning Helsinki, Tampere, Kuopio, Siilinjärvi, Vaasa, Oulu, Turku, Lappeenranta, Hämeenlinna, Mikkeli, Kuusamo, Porvoo, Huittinen, Kemi, and Kerava.
The company's service portfolio is organized around three branded subscription tiers — RettaVakaa (comprehensive planned management at a fixed monthly price), RettaJousto (scalable service adjusted to housing company needs), and RettaHelppi (light-touch support for smaller housing companies needing help primarily with financial administration and statutory tasks). These services are underpinned by OmaRetta, a proprietary 24/7 digital self-service portal where board members monitor billing to transaction level, residents track maintenance requests in real time, and stakeholders manage communications. Retta's customer acquisition is sales-led, combining direct enterprise field sales for large housing company portfolios (suurasiakkaat) with website-driven quote requests and free assessment visits (kartoituskäynti) for mid-market and small housing companies.
Retta generates recurring revenue through monthly subscription management fees charged to housing companies, with quote-based pricing tailored to scope. The company has executed an aggressive consolidation strategy, completing more than 20 acquisitions of regional Finnish property management firms since 2019 (including Karjalan Tili- ja Isännöintikeskus, Aktiiva Oy, Buma-Team, Kantakaupungin Isännöinti, Tampereen KV-Isännöinti, Isännöinti Mannila, Abakus Oy, Hacklin Oy, Lillolle Ab, and Hyvinkään Isännöinti), integrating their books of business under the Retta brand while retaining local expertise and customer relationships.
Retta firmographics
Firmographics- Name
- Retta
- Legal name
- Retta Isännöinti Oy
- Website
- https://retta.fi
- Company type
- Private
- Founded year
- 1970
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Retta is Finland's largest property management company, serving approximately 6,000 housing companies and 150,000 homes via subscription tiers (RettaVakaa, RettaJousto, RettaHelppi) and the OmaRetta digital portal, operating under Odevo Group since August 2024.
- Ownership category
- akta.pro rank
Retta industry classification
Industry- Product category
- Property Management Services
- NAICS
- Services to Buildings and Dwellings (5617), Facilities Support Services (56121), Facilities Support Services (561210)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Association Maintenance, Vendor & Capital Project Management (BPAJAHAM)
Keywords
Where Retta is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices9 records
Markets served
Retta business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Property Management Services: Recurring property management fees charged to housing companies (taloyhtiöt). Services are delivered through tiered service packages (RettaVakaa with fixed monthly price, RettaJousto scalable service, RettaHelppi for smaller housing companies). Revenue is recurring based on ongoing management contracts.
- Consulting and Assessment Services: Initial assessment visits (kartoituskäynti) where Retta evaluates housing company current status and future needs before proposing service packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | RettaVakaa - Comprehensive planned management with fixed monthly price for housing companies wanting comprehensive and planned property management. |
| Subscription | Monthly | RettaJousto - Scalable service that adjusts to housing company situation and needs. |
| Subscription | Monthly | RettaHelppi - For housing companies that handle many things themselves but need help with financial administration and statutory tasks. |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Retta product offering
Product offeringCore offering
Retta Isännöinti Oy is Finland's largest property management company providing outsourced isännöinti (property administration) services to housing companies (taloyhtiöt). Services include financial administration, technical management, board support, statutory compliance, and renovation project management, delivered through three branded tiers — RettaVakaa (fixed-price comprehensive management), RettaJousto (scalable flexible management), and RettaHelppi (light-touch support for smaller housing companies) — and supported by the OmaRetta 24/7 digital self-service portal for residents and board members.
Product overview
Retta Isännöinti is a property management company serving Finnish housing companies (taloyhtiöt). Its service portfolio comprises three branded tiers — RettaVakaa (comprehensive, planned management at a fixed monthly price), RettaJousto (flexible, scalable management), and RettaHelppi (light-touch support for smaller housing companies) — all underpinned by a shared digital platform, the OmaRetta self-service portal, which provides 24/7 access for residents and board members to transactions, defect reporting, and communications. The company operates through multiple offices across Finland and serves approximately 6,000 customers with around 600 employees.
Differentiator
Problem solved
Functional benefit
Brands
- OmaRetta: Digital customer portal for housing companies enabling 24/7 access to property management services, billing, maintenance requests and board management.
- RettaVakaa
- RettaJousto
- RettaHelppi
Products and services
- RettaVakaa Comprehensive, planned property management service for housing companies (taloyhtiöt) that want thorough administration at a fixed monthly price. Includes ongoing administrative, financial, and technical management of the housing company.
- RettaJousto Flexible property management service that scales according to the housing company's situation and needs, allowing for variable levels of service as requirements change.
- RettaHelppi Property management service designed for smaller housing companies that handle many tasks themselves but need assistance with financial administration and statutory obligations.
- OmaRetta Digital Self-Service Portal 24/7 digital self-service portal enabling housing company board members to monitor billing at the transaction level, residents to track maintenance requests in real-time, and stakeholders to manage their affairs digitally.
- Retta Isännöinti Property Management Service (Suurasiakkaille / Large Customers) Dedicated property management services for large housing company clients (suurasiakkaat) with complex property portfolios, including financial administration, technical management, board support, statutory reporting, and renovation project management with dedicated account management.
Quantifiable outcome
- Reduces administrative errors through highly automated financial processes
- +2 more outcomes
Companies that use Retta
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Retta technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature3 records
Retta partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship and minor.
- OdevoflagshipOdevo, an international property management company, acquired Retta Isännöinti in August 2024. Retta continues operating under the Retta brand and becomes a sister company to Kontu (also owned by Odevo). The acquisition makes Odevo Finland's leading property management company. Retta has nearly 6,000 customers, 150,000 homes under management, and 600 employees. Odevo has 7,000 employees and 650 million euro annual revenue globally.
- KontuminorKontu is another property management company owned by Odevo. With Retta, Kontu forms the foundation of Odevo's Finnish operations. Kontu has 2,400 customers, 340 employees, and 28 million euro annual revenue.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Retta competitors and assessment
Company assessmentBroad incumbents
- Savills plc: Global real estate services firm with a residential property management practice. Broader incumbent offering PM services among a much wider portfolio of real estate advisory and capital markets services.
- Castellum AB: Major Swedish Nordic property owner and manager. Broader incumbent with overlapping property management functions, though primarily commercial rather than residential HOA-focused like Retta.
- FirstService Residential: North America's largest residential property management company, specializing in HOA and condominium management. Comparable in customer type (HOAs/condos) and subscription-based recurring revenue model, though at much larger scale.
- Greystar Real Estate Partners: Global leader in residential property management, rental housing, and real estate investment. Broader incumbent offering residential PM services with recurring fee income, though primarily focused on rental rather than HOA management.
- Realia Group: Largest Nordic property management and real estate brokerage services group, formerly Retta's parent company. Broader incumbent offering PM, brokerage, and related real estate services across multiple Nordic countries.
Direct peers
- Kontu: Sister company to Retta within the Odevo Group, also operating as a Finnish property management company serving housing companies. Direct peer due to identical business model, customer base, and shared ownership under Odevo/Altor.
- Hestia AB: Swedish-based residential property management company owned by Realia Group, providing Nordic PM services including housing company management. Direct peer as a Nordic-focused HOA/residential PM firm serving similar customer segments across the Nordics.
- Kiinteistö-Tahkola Oy: One of Finland's largest independent property management companies, directly competing with Retta for taloyhtiö (housing company) customers. Closely comparable in target market, service offerings, and operating geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Retta social profiles
Digital presenceRetta financial estimates
Financial estimateRevenue estimate
Valuation estimate
Retta leadership team
Management profileNumber of profiles
Profiles3 records
Retta subsidiaries and ownership
Company hierarchySubsidiaries16 records
Retta funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Retta M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Retta
What does Retta do?
Retta Isännöinti Oy is Finland's largest property management company providing outsourced isännöinti (property administration) services to housing companies (taloyhtiöt). Services include financial administration, technical management, board support, statutory compliance, and renovation project management, delivered through three branded tiers — RettaVakaa (fixed-price comprehensive management), RettaJousto (scalable flexible management), and RettaHelppi (light-touch support for smaller housing companies) — and supported by the OmaRetta 24/7 digital self-service portal for residents and board members.
Is Retta a public or private company?
Retta is a private company. It is classified as corporate owned and is currently operating.
When was Retta founded?
Retta was founded in 1970. It employs 1,001 to 5,000 people.
Where is Retta based?
Retta is headquartered in Helsinki, Finland, in the Europe region.
How does Retta make money?
Two revenue lines are on record. Property Management Services are the primary driver. The others are consulting and Assessment Services.
Who are Retta's main competitors?
Broad incumbents on record are Savills plc, Castellum AB, FirstService Residential, Greystar Real Estate Partners and Realia Group. Direct peers are Kontu, Hestia AB and Kiinteistö-Tahkola Oy.
Does Retta have an API?
No public API is recorded for Retta.
What industry is Retta in?
Retta's product category is Property Management Services. Its primary akta.pro industry code is BPAJAHAM, Association Maintenance, Vendor & Capital Project Management. Its NAICS code is 5617 and its SIC code is 6531.