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RÄNI KV OÜ's activity report 2022

Räni KV develops residential real estate in the city of Tartu and provides real estate agency services. In 2022, 5 apartment buildings were completed on Kvartsi Street in Ränilinn and we also started the construction of two subsequent new buildings. The first half of 2022 is characterized by a high demand for new living spaces and a very sharp drop in demand in the second half of the year. The sharp rise in construction prices continued, which has significantly affected the cost of developing apartments and as a result, the prices of new apartments have also risen. This time, the rise in

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