Formation of a joint venture for the development of residential buildings in Krulli Quarter in Tallinn

On 10 November 2025 OÜ Merko Kodud, a member of the AS Merko Ehitus group, and AS Krulli Kvartal established a 50:50 joint venture, Krulli Kodud OÜ, with the purpose to jointly develop the residential buildings of the Krulli Quarter in Northern Tallinn.The partnership will commence with the construction of three apartment buildings located on the Volta street side of the Krulli development area. The planned buildings comprise a total of 23 apartments. The application process for building...

Tallinn, 10/11/2025 (informazione.news - comunicati stampa - servizi)

On 10 November 2025 OÜ Merko Kodud, a member of the AS Merko Ehitus group, and AS Krulli Kvartal established a 50:50 joint venture, Krulli Kodud OÜ, with the purpose to jointly develop the residential buildings of the Krulli Quarter in Northern Tallinn.

The partnership will commence with the construction of three apartment buildings located on the Volta street side of the Krulli development area. The planned buildings comprise a total of 23 apartments. The application process for building permits has begun and the completion of the first buildings is scheduled for 2027.

The total area of the Krulli Quarter is 10 hectares, with a planned above-ground construction volume exceeding 100,000 square metres. Over the next ten years, nearly 20 buildings will be built or reconstructed, providing more than 600 homes and 3,000 workplaces.

The apartment layouts of the first residential buildings in the Krulli Quarter can be acquainted with and interest registered on the website krullikodud.ee.

Additional information: CEO of OÜ Merko Kodud, Mr. Indrek Tarto, phone: +372 680 5105.

Urmas Somelar
Head of Finance
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee

group.merko.ee  

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