On September 15, 2025, Hepsor Jugla SIA, a company belonging to the Hepsor AS Group, and construction company Mitt&Perlebach SIA signed a construction contract, with a total value of 8.2 million euros (excluding VAT). The contract was signed for the construction of the first phase of the Zaļā Jugla residential development project, located at Braila iela 23, Jugla, Riga.
As part of the first phase, two apartment buildings will be constructed, comprising a total of 70 new homes, 4,262 m² of sellable area. Construction is expected to be completed in the second quarter of 2027.
The entire Zaļā Jugla residential development project includes the construction of three apartment buildings, totaling 105 new homes and a sellable area of 6,393 m². The second phase of construction is planned to begin during 2026. The total estimated cost of both phases of the project is 15 million euros.
The Zaļā Jugla development is located in the city of Riga, by Lake Jugla, in a green and peaceful environment. It offers modern, energy-efficient (A+ class) apartments with spacious balconies. Future residents will benefit from playgrounds, recreational and sports areas, bicycle storage, storage rooms, electric vehicle charging stations, and a secure, fenced territory.
To date, Hepsor has completed a total of 404 homes in Latvia, 96% of which have been sold. In the coming years, more than 500 new homes are expected to be completed.
