Scandium Kinnisvara and Everaus Kinnisvara acquired a unique peninsula in Haapsalu on the left bank of Suur-Viik. The detailed plan allows the development of luxurious seaside villa apartments, a marina, and restaurants there. A dignified SPA hotel is planned to be built at the beginning of the peninsula.
Scandium Kinnisvara and Everaus Kinnisvara are developing a modern residential quarter consisting of 21 buildings at Luige. In the next two and a half years, 96 apartments will be completed in the large-scale development called Luige Homes, most of which are two-story terraced houses with a private garden. The heart of the area will be a community house where childcare facilities, a gym, and yoga hall, and a community garden with a greenhouse has been planned.
Nestin Rent, the first operator and developer of complete rental houses in Estonia and one with the largest rental portfolios, is now called Scandium Living. The company, which previously managed apartments and rental houses mainly owned by Scandium Kinnisvara, expanded its operations and now offers rent management services to other large property owners. Over the next three years, the portfolio is expected to expand to 2,000 rental apartments.
Scandium Kinnisvara is developing a five-story co-living rental house in Mustamäe, Tallinn. The building will have 151 one- and two-room studios and a wide range of common areas for residents. The building permit for the building has been issued, and work will begin soon; the builder is Mitt & Perlebach.
Scandium Kinnisvara organized an architectural competition for the construction of the tallest, 24-story apartment building and 6-story office building in Mustamäe, in which four prestigious Estonian architectural firms took part. The entry KÄBI by Kadarik Tüür Architects was chosen as the winner.
Scandium Real Estate is developing a new office building, Scandium Park, at the intersection of Tallinn's largest roads at Peterburi Road 1a. The 13-story building stands out for its innovative green technologies, raising the house's energy class significantly above the A level. The office building is distinguished by the concept of mixed-use - in addition to the offices, the house will have plenty of recreational opportunities for employees, a gym, a restaurant, a green terrace, and an apartment hotel.
Mixed-use real estate is a keyword that we hear more and more often from the lips of both European and American real estate developers. Giving a building several complex functions enriches the daily life of the users of the house, as well as the cityscape around it.
Scandium Kinnisvara replanted a 50-year-old oak tree that would have been felled due to construction work. The transplant was carried out by a unique patented machine from Germany, which was powerful enough for the task.
Scandium Kinnisvara OÜ was registered as Scandium Kinnisvara AS and the share capital was increased to 2.1 million euros. According to the management, this is a strategic step to better raise capital in the future and to take the first steps to possible listing on the stock exchange.
Eleport, one of Estonia's largest electric vehicle charging platform developers, plans to expand its public charging network to Latvia later this year. To execute the plans, this summer nearly €1 million was raised from Scandium Kinnisvara and Ambient Sound Investment.
Scandium Kinnisvara, which has so far mainly specialized in the development of rental houses, is increasing its business volume by leaps and bounds.