Skip to main content

Liven AS – acquisition of a new development property in Tallinn, Haabersti district

Written by Customer Service on . Posted in Public Companies.

Liven Kodu 24 OÜ, part of the Liven AS consolidation group (Liven), won the auction organised by the Land and Spatial Development Board (Maa- ja Ruumiamet) in October 2025 for the acquisition of a development property located at Järveotsa tee 16c in Tallinn, Haabersti district, Väike-Õismäe sub-district.

A residential building complex with commercial premises adding value to the living environment is planned on the approximately 13,300 m² property. The exact construction volume will be determined during the detailed spatial planning process to be initiated.

“The acquisition of the new property is a strategic step for Liven, securing a long-term development pipeline in one of Tallinn’s fastest-growing areas,” commented Andres Aavik, Chairman of the Supervisory Board of Liven AS. “Haabersti district is known for its active new development market and high competition, where Liven itself also has several ongoing projects. The development timeline of the Järveotsa tee 16c property allows us to ensure continuity and maintain Liven’s capability to offer new homes in the area even after the completion of currently ongoing and planned projects,” Aavik added.

“Our confidence in the area’s potential is confirmed by Liven’s Luuslangi development project, where more than half of the homes in the first buildings of the ongoing second phase have already found owners a year before completion. We believe that all new developments in the area will, once completed, increase the overall attractiveness and value of the district,” Aavik continued.

The value of the transaction is EUR 1.1 million, and the estimated total investment volume of the project is EUR 20 million. The property acquisition transaction will be completed within two months, and Liven will use the funds raised from its green bonds offering in financing the transaction.

Joonas Joost
Liven AS CFO
E-mail: joonas.joost@liven.ee

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.