Liven AS Expands Tallinn Portfolio with €40M Development Project
Event summary
- Liven Kodu 25 OÜ, a subsidiary of Liven AS, has acquired three development properties in Tallinn’s city centre for €10 million.
- The total investment volume for the project is estimated at €40 million, with construction slated to begin by late 2027 and completion expected between 2029–2031.
- The development will include three buildings (3–7 storeys) totalling 15,000 m² of above-ground space, with 80% residential and 20% commercial premises.
- Over 160 homes are planned, featuring energy-efficient designs and a private green courtyard.
The big picture
This acquisition aligns with Liven’s strategy of expanding its presence in prime urban locations, leveraging Tallinn’s strong connectivity and demand for energy-efficient housing. The €40 million investment underscores the company’s long-term focus on residential and mixed-use developments, positioning it to benefit from Estonia’s growing urbanization trends.
What we're watching
- Execution Risk
- Whether Liven can deliver the project on time and within budget, given the multi-year timeline.
- Market Demand
- How demand for residential properties in Tallinn’s city centre will evolve by 2031.
- Capital Utilization
- The pace at which Liven deploys its recently raised capital into high-return projects.
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