Start of construction on Liven’s Virmalise project

Yesterday,   preparations  for  construction  began  on  the  Virmalise  project
developed by Liven Kodu 21 OÜ, a subsidiary of Liven AS ("Liven"). By the end of
2026, a  four-story  residential  building  with  a  private  courtyard  will be
completed at Virmalise 3 in the Uue-Maailma district of Tallinn, offering 28 new
homes.

The general contractor for the construction works is Bildgren Ehitus OÜ, and the
architectural  design was created by  Liven together with Arhitektuuribüroo Kuup
Ruut  OÜ. The total  cost of the  construction works is  nearly EUR 5.0 million,
plus  VAT. As of today,  29% of the 28 homes under  construction have been sold.
More   information   about   the   project   can   be   found   on  the  website
virmalise.liven.ee (https://liven.ee/en/kodu/virmalise/story/).


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