AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the
third stage of Erminurme residential development project in Tartu Parish. The
stage includes three buildings at Erminurme Road 4, 6 and 8 with 60 apartments,
which will be completed in June 2022.
Erminurme residential buildings have energy class A rating. The size of the
apartments ranges between 47-97 square metres and the price per square metre
starts from 1,753 euros. Merko will build parking spaces around the houses, and
create greenery, recreational areas and children's playgrounds in the interior
courtyards.
Erminurme (merko.ee/erminurme (https://merko.ee/erminurme/en/)/) residential
quarter is located on the border of Tartu Parish and the City of Tartu close to
Estonian National Museum and Raadi Manor complex. The development project
comprises in total of twelve new 2-3-storeyed residential buildings with 224
apartments. The first stage of the development project, a building with 18
apartments at Erminurme Road 10, will be completed in August 2021. The second
stage of the development project, two buildings at Erminurme Road 12 and 16 with
37 apartments, will be completed in December 2021.
AS Merko Ehitus Eesti (merko.ee (https://merko.ee/en/)) is Estonian leading
construction company, which offers construction services in general
construction, civil engineering, electrical and residential construction and
develops residential real estate. To ensure the best quality and convenience for
home buyers, Merko manages all phases of the development: planning, design,
construction, sales and service during the warranty period.
Additional information: Mr. Juhan Varik, Head of South-Estonia Department of
Merko Ehitus Eesti, phone +372 680 5105.
Urmas Somelar
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
urmas.somelar@merko.ee (mailto:urmas.somelar@merko.ee)
AS Merko Ehitus (group.merko.ee (https://group.merko.ee/en/)) group consists of
AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in
Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction
services as a main contractor, the group's other major area of activity is
apartment development. As at the end of 2020, the group employed 666 people, and
the group's revenue for 2020 was EUR 316 million.
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