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Market Impact: 0.15
Start of construction of the fourth stage of Mežpilsēta residential project (Riga, Latvia)
Source: GlobeNewswire
Housing & Real EstateCompany Fundamentals
AS Merko Ehitus subsidiary SIA Merko Mājas has begun the fourth phase of its Mežpilsēta residential development in Riga. The six-storey project will contain 53 apartments and is scheduled for completion in early 2028, signaling continued project execution but with limited near-term market impact.
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