According to Invego Group OÜ’s consolidated audited annual report for the financial year ended 31 December 2025, published today, a total of 183 new homes were sold under the Invego brand last year, generating total sales revenue of €48 million.
As at the end of the year, Invego Group OÜ had total assets of €184 million, equity of €49 million and an equity ratio of 27%. Consolidated revenue for the financial year amounted to €18 million, EBITDA to €15 million and net profit to €10 million, more than double the €4.7 million recorded a year earlier. Total sales revenue from all projects developed under the Invego brand amounted to €48 million; however, this also includes projects that are not part of the Invego Group OÜ group, as well as associates whose financial data is not consolidated on a line-by-line basis under IFRS.
Invego sold a total of 183 new homes in 2025, representing a 55% increase compared with 2024. In Estonia, Invego completed the development of the 500-home Tiskreoja residential area in 2025, continued the development of Uus-Järveküla, Luccaranna and Keila Pargikodud, and prepared for the launch of the Verve residential development in the first quarter of 2026. In Latvia, Invego continued the development of Parka Kvartals, Vide Ādaži, Vītolu Parks, Mārupes Sirds, Skanstes Rezidences and Miera Rezidences, while preparing for the launch of Torņakalna Terases and Nordale in the first quarter of 2026.
In the 2025 financial year, Invego completed Krulli Park, its largest commercial real estate development to date. The anchor tenant of the business district, located in North Tallinn, is Wise, one of Europe’s leading financial technology companies. The development comprises 36,000 m² of gross leasable area, with rental income exceeding €5.5 million in 2025. The development project has received several prestigious awards and nominations. It was named Real Estate Achievement of the Year 2025 and received the annual award of the Estonian Landscape Architects’ Union. It has also been nominated for the annual awards of the Estonian Association of Interior Architects and the Cultural Endowment of Estonia, as well as for the Development Project of the Year title. In addition, the City of Tallinn has recognised the project for the renovation of a building in a way that enhances its historical heritage, alongside several other accolades.
Invego Group OÜ’s full consolidated audited annual report for the 2025 financial year is available HERE
Invego Group is a new-generation real estate developer operating in three countries, specialising in the development of large-scale residential areas and commercial districts with comprehensive concepts that shape the urban environments of the future. With more than 10 years of operating history, Invego Group comprises over 60 companies in Estonia, Latvia and Portugal, with 30 different development projects currently under way. Invego Group has developed more than 150,000 m² of residential space, representing a total of 1,500 homes, as well as 50,000 m² of commercial real estate. In addition, more than 500,000 m² of further development volume is currently in progress across both residential and commercial real estate. The bonds of Invego Group OÜ and its group company Invego Latvia OÜ are listed on the Nasdaq Baltic First North Bond List.
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