The Estonian-owned real estate development company ELL Nekilnojamas Turtas has gained control of Rimvesta, now making it a subsidiary under its umbrella. This within the larger context of ELL Nekilnojamas Turtas being a member of Merko, the prominent construction group in the Baltic countries. This development signals a potentially positive shift in the real estate market, showcasing the growth and consolidation within the Baltic construction and development industry.