Teate vaade
Ettevõte Nordecon AS
Tüüp Korraldatud teave
Kategooria Muud korporatiivtoimingud
Avaldamise aeg 01 aug 2022 09:00:00 +0300
Keeleversioonid
Keel English
Valuuta
Pealkiri Launch of the second phase of the Kivimäe Süda residential development (Tallinn, Estonia)
Tekst
Nordecon  AS  has  launched  the  second  phase  of the Kivimäe Süda residential
development located in the Nõmme district of Tallinn, in the course of which the
building  at Kivimäe  27 will be  reconstructed and  converted into an apartment
building.

12 apartments    are    planned    for   Kivimäe   Süda   residential   building
(https://www.kivimaesuda.ee/). The apartments are 3-5 rooms, 95-160 sqm in size.
All  apartments have a balcony and/or  terrace, the larger apartments located in
the wings of the building with an arch motif are spread over two floors. Kivimäe
27 house is located on a wooded plot of over 7,000 sqm.

The  architect of  the building  with functionalist  look built in the 1930s was
Alfred  Kehva, and the building has fulfilled  a number of roles over the years.
Initially,  a military  sanatorium operated  in the  building, later a telephone
exchange.  The  architect  of  the  Kivimäe  Süda  reconstruction project is Ats
Buddell (ARS Projekt).

In  the  first  phase  of  the  Kivimäe Süda development project, in 2020-2021,
Nordecon developed 10 private plots of 1500-2100 sqm with the new street network
(Sininuku and Laanelille streets) and communications.

The  planned completion date of  the apartments is the  end of 2023, and by then
the entire Kivimäe Süda development project will be completed.

Nordecon (www.nordecon.com (http://www.nordecon.com)) is a group of construction
companies  whose core  business is  construction project  management and general
contracting  in the  buildings and  infrastructures segment.  Geographically the
Group  operates in Estonia, Finland, Ukraine and Sweden. The parent of the Group
is  Nordecon  AS,  a  company  registered  and  located in Tallinn, Estonia. The
consolidated  revenue  of  the  Group  in  2021 was 289 million euros. Currently
Nordecon  Group  employs  close  to  660 people. Since 18 May 2006 the company's
shares have been quoted in the main list of the Nasdaq Tallinn Stock Exchange.

Andri Hõbemägi
Nordecon AS
Head of Investor Relations
Tel: +372 6272 022
E-mail: andri.hobemagi@nordecon.com (mailto:andri.hobemagi@nordecon.com)
www.nordecon.com (http://www.nordecon.com)