Published: 2018-07-31 10:49:37 CEST
Merko Ehitus
Company Announcement

Start of construction of Pikaliiva residential project (Tallinn, Estonia)

AS Merko Ehitus Eesti, part of AS Merko Ehitus group, has started the construction of Pikaliiva residential development project. The first phase of construction comprises two buildings with 66 apartments and will be completed in summer 2019.

Pikaliiva residential buildings are located in Tallinn Haabersti District, close to the lake of Harku. The development project comprises ten four-storeyed residential buildings. Houses of first phase are located at Pikaliiva 18 and Pikaliiva 20.

The buildings have energy class B rating. Car park will be built around the houses. Green areas and play area will be created in the interior courtyards.

The size of the apartments ranges between 34–84 square metres and the price per square metre ranges from 1,820 to 2,200 euros.

AS Merko Ehitus Eesti (www.merko.ee) is Estonian leading construction company, which offers construction services in general construction, civil engineering, road, electrical and residential construction. To ensure the best quality and convenience for home buyers, Merko manages all phases of the development: planning, design, construction, sales and service during the warranty period.

Additional information: Mr. Tiit Kuusik, Director of Real Estate Development Division of Merko Ehitus Eesti, phone +372 680 5105.

Priit Roosimägi
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250
priit.roosimagi@merko.ee

AS Merko Ehitus (group.merko.ee) group 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, Peritus Entreprenør AS construction company in Norway and the real estate development business unit along with real estate holding companies. As at the end of 2017, the group employed 757 people and the company’s 2017 revenue was EUR 317.6 million.

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