Conclusion of construction contract and start of r

AS Pro Kapital Grupp group company AS Tondi Kvartal and Tarrest LT OÜ concluded the contract for reconstruction of historical caserm building Marsi 6 to an apartment building. The cost of the construction works will be close to  2,5 million euros, to which VAT is added.

In the apartment building there will be 45 special design loft -style apartments from 30,5 up to 66,7 square meters, the interior of which is created by designers Tarmo Luisk and Andres Rohtla. The construction works will commence in February and shall have the duration of ca 1 year.

AS Pro Kapital Grupp CEO Paolo Michelozzi: „Marsi 6 loft apartments will be an exciting  addition to Kristiine City district which will form as a new integral living environment. The historical scent of the building and unique interior has already by now created a lot of interest.”

Additional information about the Kristiine City and Marsi 6 at http://kristiinecity.ee/

AS Pro Kapital Grupp (www.prokapital.ee) is a leading real estate developer in Estonia, dealing with the development of contemporary major business and residential real estate projects in the capitals of Estonia, Latvia and Lithuania. Since foundation in 1994 the company has completed 20 development projects with total area for sale of approximately 190,000 square metres.

         Allan Remmelkoor          Member of the Management Board          Tel.: +372 6144 920          Email: prokapital@prokapital.ee