UAB Merko Būstas, part of AS Merko Ehitus group, has launched the NaujiLinkai residential development project in Vilnius. The development project comprises a total of 301 apartments in four buildings and an underground parking connecting them. Merko has started the…
Summary of the third quarter There were no new completions during the third quarter. We handed over only 7 previously completed homes, which is why sales volume was low and we recorded a net loss. Most of the year’s handovers…
OÜ Krulli Kodud, a joint venture between OÜ Merko Kodud, part of the AS Merko Ehitus group, and AS Krulli Kvartal, has decided to launch a new residential development at 1b Volta street in the Krulli Quarter. The project comprises…
SIA Merko Mājas, part of the AS Merko Ehitus group, has commenced construction of the fourth stage of the Mežpilsēta residential project in the Mežciems area in Riga. A six-storey building with 53 apartments is set to be completed at…
SIA Merko Mājas, part of AS Merko Ehitus group, has launched the second part of the first stage of the Lucavsala residential project in Riga. The first stage of the project comprises a complex of three buildings with total of…
A building permit has been granted for a year-round outdoor bathing and sauna complex on the Kalasadam waterfront in Tallinn, a project that will also restore the area’s historic fish harbour. The €25 million complex is being developed jointly by…
EfTEN United Property Fund invests EUR 2.478 million to acquire a stake in SIA EfTEN Domina, which owns the Domina shopping centre in Riga. The fund will acquire a 5.9% equity stake in the company. Previously, the fund held an…
EfTEN Real Estate Fund AS generated consolidated rental income of €2,687 thousand in April 2026, decreasing by €13 thousand compared to March. The decrease was due to the disposal of the Menulio office building. The Group’s consolidated EBITDA for April…
SIA Merko Mājas, part of the AS Merko Ehitus group, has launched the residential development project in Riga’s prestigious and Quiet Centre at Pētersalas street 3 and 5 in Riga. The architectural ensemble of four elegant buildings will comprise a…
Alike in previous quarter, the market remained active in the fourth quarter of 2025. A total of 60 sales contracts (contracts under the law of obligations) were signed during the quarter (Q3 2025: 60; Q4 2024: 34). In the 12…
SIA Hepsor E18, a subsidiary of Hepsor AS Group, and construction company Mitt & Perlebach signed a contract on 30 December 2025 for the construction of the residential development project “Ķiršu kalna mājas” in the Dzirciems neighbourhood of Riga. The…
OÜ Merko Kodud, part of the AS Merko Ehitus group, has decided to launch the first phase of the Leedri development project in Tartu municipality. The entire development project includes the construction of 144 apartments in six apartment buildings. As…
In the third quarter of 2025, the market remained active. During the quarter, several previously made reservations were converted into contracts under the law of obligations (sales contracts), particularly in development projects with construction scheduled for completion in 2026. A…
Homme avab rahvusvaheline tööplatvorm International Workplace Group (IWG) Tallinnas uue Reguse ühiskontori. Keskus pakub kaasaegseid ja paindlikke tööruume ettevõtetele ning vabakutselistele. See ühendab endas avatud ühistööalad, privaatsed kontorid, koosolekuruumid ja lõõgastusnurgad, pakkudes mugavat keskkonda nii igapäevaseks tööks kui ka klientidega…
SIA Merko mājas, part of AS Merko Ehitus group, has launched the second stage of Arena Garden Towers residential project in Skanste district in Riga. One 13-storey building with 80 apartments at Arēna St.3 will be completed in the beginning…
