On 25 August 2025 OÜ Merko Kodud, a member of the AS Merko Ehitus group, and OÜ Giga Investeeringud established a 50:50 joint venture, Turu 18 Kodud OÜ.
The goal of the joint venture is to build three residential and commercial buildings, and a modern and versatile urban space surrounding them, on the Turu 18 property in the centre of Tartu.
The Turu 18 landplot, which is attractively located by the river Emajõgi, has a planned above-ground construction volume of approximately 16,800 square meters. The three planned buildings are connected by a common parking floor.
