Start of construction of Kaupmehe 5 apartment building (Tartu County, Estonia)


Tallinn, Estonia, 2015-11-10 15:59 CET (GLOBE NEWSWIRE) --  

AS Merko Tartu, subsidiary part of AS Merko Ehitus group, has started the construction of the second building of Kaupmehe apartment development project in Tartu Parish, Tartu County. The project includes three apartment buildings with 90 apartments, from which the first building, at Kaupmehe 7, is in construction and will be completed by the end of January 2016. Kaupmehe 5 construction has started (30 apartments) and is scheduled for completion by August 2016.

Kaupmehe apartment buildings (merko.ee/kaupmehe) are located at Kaupmehe street, Tartu parish, few minutes’ drive away from Tartu city centre. The buildings will be next to Pärna alley residential quarter, where Merko has developed and built 10 apartment buildings and sold almost 300 apartments.

Three-storey buildings with energy class B have their own gas boiler plant; apartments are equipped with water heating system and radiators, bathrooms have electrical floor heating system. The architect of the buildings is Janno Põldme and interior architect is OÜ Põldme. Home buyers can choose from three interior design packages. Well-lighted 2- to 4-room apartments have a parking space and a storage space. The price of the apartments ranges from 58–103 thousand euros.

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

Additional information: AS Merko Tartu, Member of the Management Board, Mr. Juhan Varik, 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) consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market and the real estate development business unit along with real estate holding companies. As at the end of the year 2014, the group employed 765 people and the company’s revenue for 2014 was EUR 252.3 million.

 


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