Real estate development
Since 2015 one of the Group’s activities is the development of real estate projects. On the territory of the before closed area Noblessner at the seaside a unique project is under work – a new residential and business complex. Here are located historical production buildings with magnificent architecture, sea promenade and marina.
The first phase includes the construction of four houses with 200 apartments, multiple 3,700 m2 business areas and a yacht club. The coastal region will soon become one of the most elegant places in Tallinn.
In the coming years, six more new apartment buildings will be erected and the historic buildings of the submarine factory will be renovated – a total of about 44,000 m2 of residential and business areas.