Rait Riim has recently been appointed as the new leader of Arco Vara, bringing with him two decades of experience in the real estate sector. His career has included significant roles such as serving as the head of real estate investments for pension funds at LHV Varahaldus AS since 2019. Riim's expertise in managing real estate portfolios and development projects positions him well to lead Arco Vara during its next phase of growth.

Before this appointment, Riim held notable positions including leading development projects at Kapitel AS and managing the real estate portfolio at Ektornet Management Estonia OÜ, a subsidiary of Swedbank. His extensive background in the financial and investment realms, particularly in real estate, offers a strategic advantage to Arco Vara, especially in navigating the complexities of the current market.

Furthermore, Riim was a member of the supervisory board of Arco Vara AS from 2020 to 2021, representing LHV Pension Funds. This prior involvement with the company likely provides him with invaluable insights into its operations and goals, potentially making his leadership style more effective as he transitions into this new role within the organization.