Novira Capital

Name

Novira Capital

Legal name

Novira Capital OÜ

Website

https://novira.ee

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Other Financial Investment Activities (5239), Lessors of Real Estate (5311), Lessors of Other Real Estate Property (53119)

SIC

Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552), Investors, Nec (6799)

akta.pro primary industry

Real Assets — Operating Platforms & Direct Investments (FSAAAKAL)

akta.pro secondary industries

Real Estate Investment Management (Acquisitions & Dispositions) (BPAJAMAK), Capital Markets Advisory (Equity Placement, JV & Recapitalization) (BPAJABAL)

Keywords

• Real estate development
• Commercial property development
• Residential property sales
• Mixed-use development
• Property investment services

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Marketing or Sales, Technology or R&D, Operations

Revenue model

1. Real Estate Development and Sales: Novira Capital generates revenue through the development and sale of residential and commercial real estate projects. Their portfolio includes large-scale developments in attractive areas of Tallinn, Pärnu, Riga, and Marbella.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Novira Capital develops and sells large-scale residential, commercial, and mixed-use real estate projects in prime city-center locations across Tallinn, Pärnu, Riga, and Marbella. Its portfolio spans apartment buildings, office towers, an apartment hotel, and seaside land plots. The company also provides real estate investment services, acquiring properties or taking equity positions up to €15 million per transaction in larger, complex situations.

Product overview

Novira Capital is a real estate development company based on international capital that develops large-scale real estate projects. The company's portfolio includes multiple distinct property developments across Tallinn, Pärnu, Riga, and Marbella. The product portfolio consists of residential buildings (Stellar, Das Haus, Merirahu Villas, Kalaranna kodu), office buildings (Novira Plaza, Novira Plaza Riga, Büroo83, Büroo31, Centennial), mixed-use properties (apArts apartment hotel), and land plots (Laheranna). Additionally, the company offers real estate investment services for acquiring property and development projects through direct purchase or equity participation up to 15 million EUR per investment.

Differentiator

Problem solved

Functional benefit

Brands

• Stellar: High-rise residential building in Tallinn center at Tartu mnt 15, designed to LEED Platinum standards with A-energy class rating.
• Novira Plaza Riga
• apArts
• Büroo31
• Das Haus
• Merirahu Villas
• Büroo83
• Centennial
• Kalaranna kodu
• Laheranna

Products and services

• Stellar High-rise residential building in Tallinn city center at Tartu mnt 15, designed to LEED Platinum standards with A-energy class rating. Features app-controlled apartment lighting and heating, high ceilings, inner courtyard, luxurious lobby, and balconies. Designed by PLUSS architects with interiors by Meelis Press.
• Novira Plaza Riga
• apArts
• Büroo31
• Laheranna
• Das Haus

Quantifiable outcome

• LEED Platinum certification achieved for Stellar project
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Endover: Estonian residential developer operating in Tallinn and Tartu building premium apartment projects; directly overlaps with Novira's Stell ar and Das Haus style luxury urban infill.
• Hepsor: Estonian-listed residential and commercial real estate developer operating in Tallinn and Riga — directly comparable to Novira's Baltic residential and office pipeline, same urban core locations and buyer segments.
• Pro Kapital Grupp: Baltic-focused real estate developer active in Tallinn, Riga, and Vilnius with premium residential and mixed-use projects — highly comparable in geography and product positioning to Novira.
• Merko Ehitus: Estonia's largest construction and real estate developer with active residential and commercial projects in Tallinn and across the Baltics — matches Novira's scale and product mix in the same core markets.

Regional players

• Metrovacesa: Spanish residential developer with significant exposure to coastal/luxury housing markets including Marbella area; directly comparable to Novira's Marbella ambitions on product type, though operating on a much larger scale in Iberia.

Broad incumbents

• YIT: Large Nordic construction and real estate developer with Baltic operations; broader portfolio than Novira but directly competes for premium residential and mixed-use sites in Tallinn and Riga.
• Bonava: Nordic-listed homebuilder with Baltic operations developing multi-unit residential in Tallinn and surrounding areas; comparable buyer segment and product, though generally more mass-market than Novira's premium niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/novira-capital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Novira Capital