{"id":12355,"date":"2026-09-02T11:24:24","date_gmt":"2026-09-02T08:24:24","guid":{"rendered":"https:\/\/invego.lv\/?p=12355"},"modified":"2026-09-02T11:24:26","modified_gmt":"2026-09-02T08:24:26","slug":"invego-sold-183-homes-last-year-and-doubled-its-net-profit","status":"publish","type":"post","link":"https:\/\/invego.lv\/en\/invego-sold-183-homes-last-year-and-doubled-its-net-profit\/","title":{"rendered":"Invego\u00a0sold 183 homes last year and doubled its net profit\u00a0"},"content":{"rendered":"\n

According to the audited\u00a0consolidated\u00a0annual report for the\u00a0financial year\u00a0ended 31.12.2025, published today by\u00a0Invego\u00a0Group O\u00dc, a total of 183 new homes were sold under the\u00a0Invego\u00a0brand last year, generating a total of EUR 48 million in sales revenue.<\/strong>\u00a0<\/p>\n\n\n\n

The total assets of Invego Group O\u00dc at the end of the year were EUR 184 million, equity EUR 49 million and the equity ratio 27%. Consolidated sales revenue for the financial year was EUR 18 million, EBITDA EUR 15 million and net profit EUR 10 million, more than twice the EUR 4.7 million of the previous year. The total sales revenue of all projects developed under the Invego brand was EUR 48 million, but it also includes projects that are not part of the Invego Group O\u00dc group, or associates whose data is not consolidated on a line-by-line basis in accordance with IFRS. <\/p>\n\n\n\n

In 2025, Invego sold a total of 183 new homes, which is 55% more than in 2024. In Estonia, Invego completed the development of the 500-home Tiskreoja residential development in 2025, continued the development of Uus-J\u00e4rvek\u00fcla, Luccaranna and Keila Pargikodud, and prepared the launch of the Verve residential development in the first quarter of 2026. In Latvia, Invego continued the development of the Parka Kvartals, Vide Ada\u017ei, Vitolu Parks, Marupes Sirds, Skanstes Rezidences and Miera Rezidences projects, and prepared the launch of Tornakalna Terases and Nordale in the first quarter of 2026. <\/p>\n\n\n\n

In the 2025 financial year, Invego completed its largest commercial real estate development to date, Krulli Park. The anchor tenant of the commercial quarter located in Northern Tallinn is Wise, a leading European financial technology company. The development comprises 36,000 m\u00b2 of gross leasable area, and rental income in 2025 exceeded EUR 5.5 million. The development project has received numerous prestigious awards and nominations. It has been awarded \u201cReal Estate Achievement of the Year 2025\u201d and the Estonian Landscape Architects\u2019 Union Annual Award, nominated for the Estonian Association of Interior Architects\u2019 Annual Award, the Cultural Endowment Annual Award and \u201cDevelopment Project of the Year\u201d, as well as received recognition from the City of Tallinn for a thoughtfully renovated building enriching historic legacy, along with a number of other recognitions. <\/p>\n\n\n\n

The audited consolidated annual report of Invego Group O\u00dc for the 2025 financial year is available in full here: https:\/\/invego.ee\/en\/investor\/<\/a> <\/p>\n\n\n\n

Invego Group is a next-generation real estate developer operating in three countries, specializing in large-scale residential districts and commercial quarters with comprehensive, future-focused urban concepts. With over 10 years of experience, the Group includes more than 60 companies across Estonia, Latvia, and Portugal, managing 30 active development projects. To date, Invego has developed over 150,000 m\u00b2 of residential space (1,500 homes) and 50,000 m\u00b2 of commercial property. Additionally, more than 500,000 m\u00b2 of new development is currently underway in both residential and commercial segments. The bonds of Invego Group O\u00dc and of its subsidiary Invego Latvia O\u00dc are listed on the Nasdaq Baltic First North Bond List. <\/p>\n\n\n\n

Additional information:<\/strong> <\/p>\n\n\n\n

T\u00f5nis Teinemaa <\/p>\n\n\n\n

Chief Financial Officer of Invego Group <\/p>\n\n\n\n

tonis@invego.ee <\/p>\n","protected":false},"excerpt":{"rendered":"According to the audited\u00a0consolidated\u00a0annual report for the\u00a0financial year\u00a0ended 31.12.2025, published today by\u00a0Invego\u00a0Group O\u00dc, a total of 183 new homes were sold under the\u00a0Invego\u00a0brand last year, generating a total of EUR 48 million in sales revenue.\u00a0 The total assets of Invego Group O\u00dc at the end of the year were EUR 184 million, equity EUR 49 million and the equity […]","protected":false},"author":11,"featured_media":10401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-12355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":[],"_links":{"self":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/comments?post=12355"}],"version-history":[{"count":1,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12355\/revisions"}],"predecessor-version":[{"id":12356,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/posts\/12355\/revisions\/12356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media\/10401"}],"wp:attachment":[{"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/media?parent=12355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/categories?post=12355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/invego.lv\/en\/wp-json\/wp\/v2\/tags?post=12355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}