Start of the apartment building construction (Kristiine district, Tallinn)


Tallinn, Estonia, 2014-09-08 15:51 CEST (GLOBE NEWSWIRE) --  

 

AS Merko Ehitus has started the development project and construction of an apartment building, located at Rästa 18, Kristiine district, Tallinn. The new apartment building will be built next to the Tedre 55 apartment building, developed and built by Merko, and will be with the similar architectural solution, yet in mirror image.

The five-storey apartment building consists of 47 apartments and 4 commercial areas on the ground floor. The gross area of the building is 5,279 m². The value of the Rästa 18 project is approximately EUR 6.5 million, and it is estimated to be completed by the end of 2015.

The prices of the flats in Rästa 18 (www.merko.ee/rasta18) range from 1,700 to 2,500 euros per square metre. The apartments are characterized by open floor plans and light-filled terraces or balconies, the building has three glass elevators, storage spaces and parking spaces in a heated underground parking garage. The architect of the apartment building is Mr. Janno Põldme.

Merko has built and developed apartments for thousands of families. To ensure the best quality and convenience for home buyers, we manage all phases of the development: planning, design, construction, sales and service during the warranty period.

 

Additional information: AS Merko Ehitus Eesti, Director of the Residential Construction Division, Mr. Tiit Kuusik, phone: +372 680 5105.

 

Merit Kullasepp
Communication and Marketing Manager
AS Merko Ehitus
Phone: +372 650 1250
E-mail: merit.kullasepp@merko.ee

 

AS Merko Ehitus (group.merko.ee) comprises the leading Estonian construction company AS Merko Ehitus Eesti, the Latvian market based SIA Merks and the Lithuanian market based UAB Merko Statyba as well as the group’s real estate development business unit together with companies holding real estate properties. As at the end of 2013, the group employed 860 people and the 2013 revenue amounted to EUR 262.7 million.


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