Avery Key is owned and operated by Avery Strategic Investments Pte. Ltd., a Singapore private limited company which if publicly listed on SGX, would be within the top 200 largest companies in Singapore by market capitalization rank.

Avery Strategic Investments Pte. Ltd. acquired three foreign worker dormitories in 2007 from the Jurong Town Corporation (JTC), which were operated by JTC since the 1990s. In 2008-2009 Avery Key developed Avery Key Lodge in Jurong the first-of-its-kind high-end dormitory in Singapore -- setting the benchmark for worker dormitory living.

The firms acquisitions in the dormitory market marked the beginning of its focused strategy to acquire premium permanent properties in Singapore and establish Avery Key as the market leader in the large-scale segment.