New 120-bed elderly care home opens in Estonia, with plans to expand by 60 beds by July 2025.

EfTEN Ermi OÜ and Tartu Südamekodu OÜ have completed a 120-bed elderly care home in Tartu County, Estonia, with plans to add 60 more beds by July 2025 due to high demand. The second phase, contracted to RIS Ehitus OÜ, will also include a rooftop solar park. The project is expected to cost around 1.3 million euros, plus VAT, and offers an 8.1% annual return on investment through a lease agreement.

2 months ago
4 Articles