The Student Housing Foundation in Vaasa, VOAS, was established in 1972. VOAS has worked for better accommodation for students for nearly 50 years. The foundation acquires suitable student apartments with a reasonable rent level, and let them to studets at the educational establishments active in the city of Vaasa.
Up to the turn of the millennium, VOAS was engaged in building new apartments and increasing its volume, but now it has turned to repairing and refurbishing the existing apartments.
At present, VOAS has about 1,700 apartments – as well as offices, business, youth and kindergarten facilities. The annual turnover is approximately 10,4 MEUR.