Orava Asuntorahasto Oyj announced at its meeting held after the Annual General Meeting, the Board of Directors elected amongst its members Jouni Torasvirta as the chairman and Patrik Hertsberg as the deputy chairman of the Board of Directors.

The first quarter dividend per share of Orava Residential REIT plc to be paid on 31 March 2017 is EUR 0.03. Ex-dividend date is 23 March 2017 and record date is 24 March 2017. Dividends total EUR 287,967.30.