Market announcement

Nordecon AS

LEI code

48510000D8HSLK854I81

Size of the entity

Large group

Economic activities

Construction

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

9759

Submission date and time

23.08.2022 09:00:00

Content of announcement in Estonian

Title

Seileri Kvartali arendusprojekti käivitamine (Pärnu, Eesti)

Message

Nordecon  AS  on  alustanud  Pärnus  aadressil  Rääma  7 asuva arendusprojektiga
Seileri Kvartal, mille raames rajatakse Pärnu südames vahetult jõe kaldale kümne
kaasaegse korterelamuga terviklik elurajoon.

Seileri  Kvartali (https://www.seileri.ee/)  on projekteerinud arhitektuuribüroo
3+1 arhitektid.   Rohkete   lääne-ja   lõunapoolsete   terrasside   ja  rõdudega
kortermajadesse   on  kokku  kavandatud  133 korterit.  Korterid  on  ühe-  kuni
viietoalised, suurusega vahemikus 23-110 m2. Osade majade esimesele korrusele on
kavandatud  äripinnad.  Parkimine  on  lahendatud maapinna tasapinnas hoonealuse
parklana. Kortermajade vahele on kavandatud funktsionaalne haljastus, kus asuvad
puhkealad ja mänguväljak.

Rääma  7 asub Pärnu  linna keskmes  Pärnu jõe  kaldal, Tallinna mnt ja Kesklinna
silla  vahetus  läheduses.  Seileri  Kvartali  jõepoolsel küljel kulgeb Jaansoni
terviserada.

Seileri Kvartali elurajoon kerkib kunagisele Pärnu Masinatehase territooriumile.
Ajaloolise  Masinatehase  loomise  juures  olid  20. sajandi alguses kaks meest:
Reinhold  Stryck ja Martin Seiler, kellest viimase  auks on uus elurajoon ka oma
nime saanud.

Nordecon  AS kavandab Seileri Kvartali  esimese etapi ehituse algust 2022. aasta
talvele.

Nordeconi    kontsern    (www.nordecon.com   (http://www.nordecon.com))   hõlmab
ettevõtteid,    mis    on    keskendunud    hoonete   ja   rajatiste   ehitamise
projektijuhtimisele   ja   peatöövõtule.  Geograafiliselt  tegutsevad  kontserni
ettevõtted  Eestis, Soomes, Ukrainas ja  Rootsis. Kontserni emaettevõte Nordecon
AS   on   registreeritud   ja  asub  Tallinnas,  Eestis.  Kontserni  2021. aasta
konsolideeritud  müügitulu  oli  289 miljonit  eurot.  Nordeconi  kontsern annab
hetkel  tööd  ligi  670 inimesele.  Alates  18.05.2006 on  emaettevõtte  aktsiad
noteeritud Nasdaq Tallinna Börsi põhinimekirjas.

Andri Hõbemägi
Nordecon AS
Investorsuhete juht
Tel: +372 6272 022
Email: [email protected] (mailto:[email protected])
 (mailto:[email protected])www.nordecon.com (http://www.nordecon.com)

Content of announcement in English

Title

Launch of the Seiler Quarter residential development (Pärnu, Estonia)

Message

Nordecon  AS has started the Seiler Quarter development project located at Rääma
7 in  Pärnu, in the course of which  a complete residential area with ten modern
apartment buildings will be built right on the riverbank in the heart of Pärnu.

Seiler  Quarter (https://www.seileri.ee/en) has been designed by 3+1 architects.
A  total of 133 apartments are planned in the buildings with plenty of west- and
south-facing  terraces  and  balconies.  The  apartments  are  one to five room,
ranging  in size from  23-110 sqm. Commercial premises  are planned for the 1st
floor  of  some  buildings.  Parking  is  arranged  at  ground  level  under the
buildings.  Functional landscaping  is planned  between the apartment buildings,
where there are recreation areas and a playground.

Rääma  7 is located in the center of the city of Pärnu, on the bank of the Pärnu
river,  in  the  immediate  vicinity  of  the  Tallinn highway and the Kesklinna
bridge. The Jaanson health trail runs on the river side of Seiler Quarter.

The  Seiler Quarter residential area  is being built on  the former territory of
Pärnu  Machine Factory. Two men  were behind the founding  of the factory in the
early  20th century: Reinhold Stryck and Martin Seiler. The new quarter has been
named in honour of the latter.

Nordecon AS plans to start the construction of the first stage of Seiler Quarter
in winter of 2022.

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  670 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: [email protected] (mailto:[email protected])
www.nordecon.com (http://www.nordecon.com)