Real estate
15 659 companies in this industry filed an annual report for 2024, with total revenue of 2,9 bn € and 9 032 employees. That is 3,2% of the revenue of all Estonian companies. 73% of them ended the year with a profit. The largest by revenue is Riigi Kinnisvara Aktsiaselts (186 m €). The average estimated gross salary was 1 491 € per month.
Companies
15 659
filed a report (2024)
Total revenue
2,9 bn €
3,2% · 2024
Employees
9 032
2024
Profitable
73%
of filers
Average gross salary
1 491 €
per month, estimate
Largest companies by revenue
| Company | Revenue | Profit | Employees | County |
|---|---|---|---|---|
| 1. Riigi Kinnisvara Aktsiaselts | 186 m € | 67,7 m € | 264 | Harju County |
| 2. Kirkcong Property OÜ | 27,8 m € | −3,5 m € | 10 | Harju County |
| 3. Ülemiste Center OÜ | 26,2 m € | 9,4 m € | 10 | Harju County |
| 4. Mainor Ülemiste AS | 25,7 m € | 49,8 m € | 28 | Harju County |
| 5. OÜ Merko Kodud | 24,8 m € | 1,7 m € | 17 | Harju County |
| 6. Hepsor Phoenix 2 OÜ | 21,5 m € | 3,7 m € | 0 | Harju County |
| 7. TÜC Majad AS | 20,8 m € | 1,3 m € | 6 | Harju County |
| 8. ROCCA al MARE KAUBANDUSKESKUSE AKTSIASELTS | 18,6 m € | 7,7 m € | 7 | Harju County |
| 9. BLRT Grupp AS | 18,2 m € | 15,9 m € | 119 | Harju County |
| 10. aktsiaselts VALLIKRAAVI KINNISVARA | 17,8 m € | 6,8 m € | 8 | Tartu County |
| 11. Invego Uus-Järveküla OÜ | 17,1 m € | 136 k € | 0 | Harju County |
| 12. Öpiku Majad OÜ | 16,3 m € | 5,9 m € | 0 | Harju County |
| 13. Kinnisvaravalduse AS | 16,2 m € | 3,1 m € | 0 | Harju County |
| 14. AS Viru Keskus | 16,1 m € | 31,6 m € | 7 | Harju County |
| 15. TKM Kinnisvara AS | 15,3 m € | 13,6 m € | 13 | Harju County |
| 16. Endover OÜ | 13,4 m € | 2,8 m € | 23 | Harju County |
| 17. OÜ Raadiku Arendus | 12,8 m € | −777 k € | 0 | Harju County |
| 18. Kaarsilla Kinnisvara OÜ | 12,7 m € | 10,8 m € | 11 | Tartu County |
| 19. Vikimõisa Arenduse OÜ | 12,5 m € | 817 k € | 0 | Harju County |
| 20. Kodusadam Osaühing | 12,4 m € | 1,1 m € | 0 | Harju County |
| 21. Lõunakeskus OÜ | 12,3 m € | 17,6 m € | 14 | Tartu County |
| 22. TM Energy OÜ | 12,1 m € | 641 k € | 23 | Jõgeva County |
| 23. Raemõisa OÜ | 11,4 m € | 1,2 m € | 0 | Harju County |
| 24. aktsiaselts AQUA MARINA | 11,3 m € | −2,1 m € | 0 | Tartu County |
| 25. Everaus Capital OÜ | 10,6 m € | −180 k € | 11 | Harju County |
| 26. OÜ Järve Kaubanduskeskus | 10,2 m € | 2,1 m € | 8 | Harju County |
| 27. Liven Kodu 5 OÜ | 10,1 m € | 23 k € | 0 | Harju County |
| 28. TTK Kultuurikeskus OÜ | 10,0 m € | 4,7 m € | 0 | Tartu County |
| 29. AS Harju Elekter Group | 9,7 m € | 5,2 m € | 25 | Harju County |
| 30. OÜ Astlanda Invest | 9,7 m € | 1,5 m € | 0 | Harju County |
| 31. Osaühing Prategli Invest | 9,2 m € | 3,8 m € | 5 | Harju County |
| 32. Osaühing Riigiressursside Keskus | 9,1 m € | 1,6 m € | 8 | Harju County |
| 33. Liven Kodu 16 OÜ | 8,9 m € | 888 k € | 0 | Harju County |
| 34. Solaris Keskus OÜ | 8,8 m € | −929 k € | 5 | Harju County |
| 35. Neutra Capital AS | 8,3 m € | 16,2 m € | 10 | Tartu County |
| 36. Aktsiaselts "Hotell Viru" | 8,0 m € | −1,7 m € | 0 | Harju County |
| 37. Kaluri Apartments OÜ | 7,9 m € | 41 k € | 0 | Harju County |
| 38. Rotermann City OÜ | 7,9 m € | 5,4 m € | 0 | Harju County |
| 39. Numera Eesti OÜ | 7,8 m € | 1,3 m € | 0 | Harju County |
| 40. Kastanikodud OÜ | 7,7 m € | 1,6 m € | 2 | Saare County |
| 41. Hepsor 3TORNI OÜ | 7,4 m € | −264 k € | 0 | Harju County |
| 42. Aktsiaselts Kaamos Kinnisvara | 7,3 m € | 6,0 m € | 17 | Harju County |
| 43. Tagala Arendus OÜ | 7,3 m € | 79 k € | 0 | Harju County |
| 44. Rocca C OÜ | 7,2 m € | −965 k € | 0 | Harju County |
| 45. Lasnamäe Centrum OÜ | 7,2 m € | 2,5 m € | 0 | Harju County |
| 46. T grupp OÜ | 7,0 m € | 171 k € | 78 | Harju County |
| 47. Merirahu Residence OÜ | 6,9 m € | 252 k € | 0 | Harju County |
| 48. Liven Kodu 12 OÜ | 6,8 m € | 116 k € | 0 | Harju County |
| 49. Linnakodu OÜ | 6,5 m € | −9,8 m € | 5 | Harju County |
| 50. VK9 OÜ | 6,5 m € | 198 k € | 0 | Harju County |
Largest employers
| Company | Employees | Revenue |
|---|---|---|
| 1. OÜ Karjavere | 283 | 406 k € |
| 2. Riigi Kinnisvara Aktsiaselts | 264 | 186 m € |
| 3. OÜ Laagri Haridus- ja Spordikeskus | 137 | 863 k € |
| 4. Kvatro Kinnisvarahalduse OÜ | 121 | 6,2 m € |
| 5. BLRT Grupp AS | 119 | 18,2 m € |
| 6. T grupp OÜ | 78 | 7,0 m € |
| 7. ARKAADIA HALDUSE AS | 77 | 3,5 m € |
| 8. OÜ Ropka Elamu | 51 | 1,3 m € |
| 9. Aktsiaselts MEKE SILLAMÄE | 44 | 1,0 m € |
| 10. AS MSI GRUPP | 40 | 2,6 m € |
By county
| County | Companies | Revenue | Share of revenue |
|---|---|---|---|
| Harju County | 9 899 | 2,3 bn € | 78% |
| Tartu County | 2 110 | 374 m € | 13% |
| Pärnu County | 777 | 73,5 m € | 2,5% |
| Ida-Viru County | 673 | 41,1 m € | 1,4% |
| Lääne-Viru County | 367 | 30,9 m € | 1,1% |
| Saare County | 283 | 27,0 m € | 0,9% |
| Viljandi County | 293 | 25,0 m € | 0,9% |
| Jõgeva County | 130 | 22,7 m € | 0,8% |
| Võru County | 191 | 12,3 m € | 0,4% |
| Valga County | 140 | 11,9 m € | 0,4% |
| Lääne County | 208 | 10,8 m € | 0,4% |
| Rapla County | 215 | 8,6 m € | 0,3% |
| Järva County | 165 | 7,1 m € | 0,2% |
| Põlva County | 104 | 4,2 m € | 0,1% |
| Hiiu County | 74 | 2,1 m € | <0,1% |
Other industries
Source: annual reports for 2024 (Business Register open data), entity.ee calculations. Includes registered companies that reported revenue. Revenue includes intra-group transactions, the county is the registered address and the salary is an estimate derived from labour costs. See also: Estonian economy in numbers