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    MRK1T   EE3100098328

AS MERKO EHITUS

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AS Merko Ehitus : New apartment buildings in Nõmme

03/01/2021 | 06:00pm EDT
New apartment buildings in Nõmme
02.03.2021

We are launching the Metsatuka development in the Nõmme district of Tallinn, which will see a total of 130 homes built by early 2023. The sale of apartments will begin soon.

The Metsatuka development (merko.ee/metsatuka) is located in the vicinity of Pääsküla bog and forests. The two to four room apartments located in B energy class buildings to be built at Teelise 6 and Teelise 8/10 will have 40-124 square metres of space. To maximize sunlight, most apartments have glass enclosed balconies and some of the bigger apartments extend through the building. Otherwise the apartment buildings are four-storey but the southern-facing parts will have three storeys. The most luxurious apartments in the development have a sauna and roof deck and thanks to the three exterior walls, they have a spacious view of the surroundings.

The Metsatuka apartment buildings will be completed in early 2023. We will establish a courtyard around the building with play areas and seating. Parking spaces are available on the underground parking level and in a parking lot. For those who do not use cars, Metsatuka is conveniently served by bicycle routes, buses and trains.

If you are interested in the project and want to be the first to hear of the start of sales of apartments, let us know - merko.ee/metsatuka.

Over 30 years, Merko has built over 8,500 homes and created a better living environment for thousands. To ensure quality and apartment buyers' comfort, we manage all stages of apartment development from planning and design of the new project to apartment construction, sale and service during the warranty period. For information on our active and future development projects in Estonia, visit merko.ee/kodud.

Disclaimer

AS Merko Ehitus published this content on 02 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 March 2021 02:57:06 UTC.


© Publicnow 2021
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Financials
Sales 2020 316 M 368 M 368 M
Net income 2020 23,0 M 26,8 M 26,8 M
Net cash 2020 18,4 M 21,5 M 21,5 M
P/E ratio 2020 114x
Yield 2020 0,68%
Capitalization 266 M 310 M 310 M
EV / Sales 2019 0,63x
EV / Sales 2020 0,47x
Nbr of Employees 718
Free-Float 23,3%
Chart AS MERKO EHITUS
Duration : Period :
AS Merko Ehitus Technical Analysis Chart | MRK1T | EE3100098328 | MarketScreener
Income Statement Evolution
Consensus
Sell
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Mean consensus BUY
Number of Analysts 0
Last Close Price 235,01 EEK
Average target price 120,84 EEK
Spread / Average Target -48,6%
Managers and Directors
Andres Trink Chairman-Management Board
Urmas Somelar Head-Group Finance Unit
Toomas Annus Chairman-Supervisory Board
Indrek Neivelt Independent Member-Supervisory Board
Teet Roopalu Member-Supervisory Board
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