Construction, Estonia, Latvia, Real Estate

International Internet Magazine. Baltic States news & analytics Friday, 19.04.2024, 15:04

Estonian Merko to construct a 6-storey multifunctional building in Riga

BC, Riga, 18.02.2015.Print version
On 17 February 2015, a contract was signed by SIA Merks – part of AS Merko Ehitus group – and SIA Vastint Latvia to perform the construction works of a six-storey multifunctional building at 17A Antonijas street, Riga, Latvia, Merko Ehitus informed the Tallinn Stock Exchange.

The scope of works include construction of two apartment buildings, connected through the common first floor. The parking area and commercial premises will be located on the first floor and 123 fully finished apartments on the upper floors. On the roof, there will be a green garden.

 

The approximate gross area of the building is 19 thousand square metres.

 

The expected value of the contract is EUR 11.4 million, plus value added tax. The works are to start in February 2015 and be completed in July 2016.






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