Start of construction on Liven's Olemuse project

Liven  Kodu 22 OÜ,  a subsidiary  of Liven  AS ("Liven"),  has signed  a general
contracting agreement with NOBE OÜ to build new homes for the Olemuse project on
Kalda  street in Nõmme, Tallinn. Construction work  will begin next week, and by
the  end of 2026, twelve 3-story buildings with  a total of 72 new homes will be
completed.

The  cost of the  construction works is  nearly 13 million euros,  plus VAT. The
project,  designed by the  architects of Lumia  OÜ, features 3- to 5-room homes,
all of which have their own balcony or terrace. As of today, 31% of the homes in
the  Olemuse project  (22 homes)  have been  sold or  reserved. More information
about   the   project   can   be   found   on   the   website   olemuse.liven.ee
(https://liven.ee/en/kodu/olemuse/story/).


Joonas Joost
Liven AS CFO
E-mail: [email protected] (mailto:[email protected])