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.
Renewable energy company Sunly raised 28 million euros from existing and new investors as well as the management.
This spring, the Tallinn Children's Home launched a project to create green gardens...
Maia Lõško, Sales Manager, Scandium Kinnisvara The year 2021 has started with a rapid pace…