OÜ Merko Kodud, part of AS Merko Ehitus group, has decided to launch the
construction of the sixth stage of the Uus-Veerenni residential development
project in the city centre of Tallinn. As part of this, an apartment building
with a total of 63 apartments will be completed in the summer of 2026.
The 8-storey energy class A building at Tiiu 14 (merko.ee/uus-veerenni
(https://merko.ee/uus-veerenni/en/)) will have apartments ranging in size from
35 to 115 square metres, with prices starting from 4,744 euros per square metre.
The apartments will have readiness for the installation of an air conditioning
system, larger apartments will have the system already installed. Parking spaces
with readiness for electric car charging facilities will be located on the
underground level of the building. The building will be surrounded by a
landscaped yard with recreation and play areas.
Since 2019, 38 buildings with 504 apartments and 20 commercial premises have
been completed in Uus-Veerenni. The courtyard between the buildings of the first
stage won the 2020 annual award of the Association of Landscape Architects in
the courtyard category and the Uus-Veerenni park won the annual award of the
Association of Landscape Architects in 2023.
As part of the Uus-Veerenni development project, up to 50 apartment buildings
with nearly 1,400 new homes will be built over the years. On the properties
awaiting the construction of the next stages, there is an intermediate park for
community use, which offers the residents of Uus-Veerenni recreation and
exercise opportunities. A kindergarten operates in the quarter, and in the
future a commercial building will be added to Uus-Veerenni.
OÜ Merko Kodud (merko.ee/en/kodud (https://merko.ee/en/kodud/)) is Estonia's
best known and most reputable residential developer. To ensure the highest
quality, Merko manages all stages of apartment development: planning, design,
construction, sales and warranty service.
Additional information: Mr. Indrek Tarto, Member of the Management Board of OÜ
Merko Kodud, phone +372 680 5105.
Urmas Somelar
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee
(https://www.globenewswire.com/Tracker?data=On_CBCMGrW3bVeMh9JMzUAcos8T2lpL2GW2e
n6JlPapNJ57BnOBZsp0Y6WsT6b0DUHNNjVCNY3w-7nqvHYPFFFVd4_dMhry4kMtG3M3FpqU=)
AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group companies
develop real estate and construct buildings and infrastructure. We create a
better living environment and build the future. We operate in Estonia, Latvia,
Lithuania and Norway. As at the end of 2023, the group employed 635 people, and
the group's revenue for 2023 was EUR 466 million.
|