Kodusadam OÜ, a joint venture of AS Merko Ehitus Eesti and AS BLRT Grupp, has decided to launch Allveelaeva development project in Noblessner seafront quarter, which comprises of one residential building with 148 apartments and 11 commercial premises. The residential…
On 2 September 2021, SIA Merks, part of AS Merko Ehitus group, and SIA Skanstes Business Centre, part of AS Kapitel group, have entered into a contract to perform construction works of Elemental Skanste office buildings at Skanstes St. 25,…
Arco Vara has exceeded expectations during the first half of the year. The sales numbers of apartments indicate that all the completed homes have found an owner, and the projects under construction have also been successful: the feared construction material…
Nordecon AS entered into an agreement with P137 OÜ, a company majority owned by Triple Net Capital OÜ, for the design and construction of apartment buildings with commercial premises in Tallinn, Pärnu mnt 137, within the framework of the Vektor…
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,…
On 3 February 2021, OÜ Marsi Elu, a company belonging to the AS Pro Kapital Grupp group, and Oma Ehitaja AS signed a contract for the construction of three five-storey building complexes in Kristiine City residential area. The construction of…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has started the construction of the Odra residential development project in the city centre of Tallinn. The three-part building complex, with a total of 114 apartments and seven commercial premises,…
GROUP CEO’S REVIEW For Arco Vara, the first quarter will be characterized by the phrase that the desire to increase development volumes does not have to be just a dream. We started the preparation of a detailed plan in Tallinn…
SIA Merks, part of AS Merko Ehitus group, has started construction of Merks Duntes Zīles residential project in Riga. The project includes a 4-storey building and a 5-storey building at Pededzes St. 3 with 84 apartments, which will be completed…
SIA Merks, part of AS Merko Ehitus group, has started construction of Merks Duntes Zīles residential project in Riga. The project includes a 4-storey building and a 5-storey building at Pededzes St. 3 with 84 apartments, which will be completed…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has started the construction of the third stage of the Lahekalda residential development project in Tallinn. The new stage includes one building with 48 apartments at Paekalda St. 14, which…
GROUP CEO’S REVIEW At the beginning of 2020, due to the constraints of COVID-19, price fluctuations and rapid market adjustment were also expected in the real estate sector, but this did not take place for new developments. Arco Vara and…
AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has decided to launch the Metsatuka residential development project in Nõmme district in Tallinn. The project includes two buildings at Teelise 6 and Teelise 8/10 with 130 apartments, which will…
Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the twelve months of 2020. Impact of COVID-19 pandemic At the beginning of 2020, a new coronavirus (COVID-19)…
GROUP CEO’S REVIEW Arco Vara’s fourth quarter of 2020 was largely spent on the realisation of pre-sales. There were no significant setbacks in the process of handing over nor final sales of the apartments, for which we had been prepared…
