Published: 2018-09-06 15:00:00 CEST
Merko Ehitus
Company Announcement

Start of construction of Vilneles slenis residential project (Vilnius)

UAB Merko būstas, part of AS Merko Ehitus group, has started Vilneles slenis residential development project on the outskirts of the Old Town of Vilnius at Pakrascio st. 20. The start of construction of six residential buildings is scheduled for September 2018 and completion date is scheduled for the first half of 2020.

Vilneles slenis residential development project (http://merko.lt/vilnelesslenis/) features six 4–6-storey apartment buildings. All 221 apartments have spacious balconies and top floor residents can enjoy roof terraces offering views to Belmontas hills and river. The apartments of the energy class A+ buildings are equipped with air-recuperation system, which provides fresh air and ensures inconspicuous air distribution. Underground parking includes bicycle storage rooms and charging stations for electric cars. The size of the apartments varies from 35 to 107 square metres and the price per square metre ranges from 1,800 to 3,000 euros.

Vilneles slenis is located in the unique “architectural park” territory, initiated by Vilnius city municipality, offering a connection between Old Town and nature. It will be part of a new modern district with well-developed infrastructure and community.

Additional information: UAB Merko būstas, General director Mr. Saulius Putrimas, phone: +370 5210 5330.

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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