Hepsor RD5 SIA, Hepsor AS group company, and Mitt&Perlebach SIA signed a construction agreement on 16 March 2023 for the construction of the Nameja Rezidence development project in Riga. The value of the construction agreement is approximately EUR 4.6 million excluding VAT. The sales of the project started already in the fourth quarter of 2022.

The 38-apartment project will be completed in the second quarter of 2024.