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Õielehe Residential Project Launch
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Overview
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OÜ Merko Kodud launches the first stage of the Õielehe residential project in Rae parish, featuring 121 apartments and 23 homes. The project aims to provide energy-efficient housing with a price starting at 3,200 euros per square meter. OÜ Merko Kodud is a renowned apartment developer managed by AS Merko Ehitus, a group operating in Estonia, Latvia, Lithuania, and Norway, with a revenue of EUR 410 million in 2022.
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How does the expansion of AS Merko Ehitus' operations in different countries reflect the company's growth strategy?
How might the energy-efficient features of the Õielehe residential project influence the housing market in Rae parish?
What impact could the launch of this residential development project have on the local economy?
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