Formation of a joint venture for the development of residential buildings in Tartu

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...

Tallinn, 26/08/2025 (informazione.news - comunicati stampa - servizi)

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.

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