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Published: 2015-10-26 15:30:00 CET
Merko Ehitus - Company Announcement

Start of Skanstes Parks residential development project (Skanstes district, Riga)

 

SIA Merks, part of AS Merko Ehitus group, has started the Skanstes Parks residential development at Skanstes district in Riga, which includes three apartment buildings with approximately 140 apartments. The company starts the construction of the first building with 52 apartments at Grostonas 12. SIA Merks has built Skanstes Virsotnes and Skanstes houses residential complexes, multifunctional hall Arēna Rīga and two office buildings at Skanstes district.

Grostonas 12 building (www.skanstesparks.lv) has 52 2-5-roomed apartments with sizes between 50-140 square metres. Apartments have spacious balcony, first floor apartments have terrace and the upper floor ones have roof terrace. Each apartment of the energy efficient building is equipped with air-recuperation system, which provides each apartment fresh air and ensures inconspicuous air distribution in all rooms. Storage places are located on the first floor and on the underground floor together with parking spaces. Safety is guaranteed by separate entrances, video intercom and safety cameras on the roof of the building. The price per square meter of the apartments starts from 2200 euros.

The construction of Grostonas 12 is due to be completed in the beginning of 2017. The gross area of the building is approximately 8500 m².

SIA Merks (www.merks.lv ) is Latvian construction company, which offers construction services in the fields of general construction, civil engineering and residential construction. SIA Merks is one of the leading residential real estate developers in Latvia.

Additional information: SIA Merks, Chairman of the Management Board Mr. Oskars Ozoliņš, phone: +371 6737 3380.

 

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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