{"id":7550,"date":"2023-07-18T10:14:13","date_gmt":"2023-07-18T07:14:13","guid":{"rendered":"https:\/\/eften.ee\/?p=7550"},"modified":"2024-04-04T14:34:54","modified_gmt":"2024-04-04T11:34:54","slug":"starting-of-construction-of-the-tartu-sudamekodu-elderly-care-home-in-tartu-county","status":"publish","type":"post","link":"https:\/\/eften.ee\/en\/eften-real-estate-fund-news\/starting-of-construction-of-the-tartu-sudamekodu-elderly-care-home-in-tartu-county\/","title":{"rendered":"Starting of construction of the \u201cTartu S\u00fcdamekodu\u201d elderly care home in Tartu County"},"content":{"rendered":"<p>EfTEN Ermi O\u00dc, a subsidiary of EfTEN Real Estate Fund AS, in cooperation with Tartu S\u00fcdamekodu O\u00dc, carried out a construction procurement for the construction of a 120-bed elderly care home &#8220;Tartu S\u00fcdamekodu&#8221; on the land used under right of superficies at 13 Ermi Street in Tila Village, Tartu Municipality, Tartu County.<\/p>\n<p>The best offer was made by Tartu Ehitus AS, with whom the construction contract for the construction of the first phase was signed on 17.07.2023. The construction of the elderly care home will be built in two phases. In the first phase, the entire building frame of the entire elderly care home and the interior work of the first and second blocks will be built. The internal work of the third block is planned to construct in phase II after the first and second blocks have started, unless otherwise will be agreed upon during the construction work. \u00a0The planned date of completion of the phase I is July 2024. \u00a0The total value of the contract of phase I is approximately 5.3 million euros, plus VAT.<\/p>\n<p>Earlier, on <a href=\"https:\/\/connect-eu.notified.com\/Tracker?data=Pqkr52vv608bd4pSXj1gTmk-w8noALx2gGmkJ1XE548-SJ_Td78oFsATi81LMkUbL1plkV0OQ3lGUasx6B70GN8Xc-AbUF-tHaqADOLE1baP7cw_8px3o9nVBCyqqe0OCMzP3J-nlaNnFKBL7txTHZd0_w-uZpZe_skOP_w8LswFBbMGD_VEm4eLiBqmm69m000275439740\" target=\"_blank\" rel=\"noopener\">29.04.2022<\/a>, the fund announced to the stock exchange the acquisition of building rights and the conclusion of a lease agreement, on the basis of which the elderly care home will be leased by Tartu S\u00fcdamekodu O\u00dc, a subsidiary of S\u00fcdamekodud AS, for a long term (10 + 10 years after the completion of the\u00a0 elderly care home under construction). The tenant starts paying the rent from the completion of the first phase of the elderly care home.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EfTEN Ermi O\u00dc, a subsidiary of EfTEN Real Estate Fund AS, in cooperation with Tartu S\u00fcdamekodu O\u00dc, carried out a construction procurement for the construction of a 120-bed elderly care home &#8220;Tartu S\u00fcdamekodu&#8221; on the land used under right of superficies at 13 Ermi Street in Tila Village, Tartu Municipality, Tartu County. The best offer [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-7550","post","type-post","status-publish","format-standard","hentry","category-eften-real-estate-fund-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Starting of construction of the \u201cTartu S\u00fcdamekodu\u201d elderly care home in Tartu County &#8212; EfTEN Capital<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/eften.ee\/en\/eften-real-estate-fund-news\/starting-of-construction-of-the-tartu-sudamekodu-elderly-care-home-in-tartu-county\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Starting of construction of the \u201cTartu S\u00fcdamekodu\u201d elderly care home in Tartu County &#8212; EfTEN Capital\" \/>\n<meta property=\"og:description\" content=\"EfTEN Ermi O\u00dc, a subsidiary of EfTEN Real Estate Fund AS, in cooperation with Tartu S\u00fcdamekodu O\u00dc, carried out a construction procurement for the construction of a 120-bed elderly care home &#8220;Tartu S\u00fcdamekodu&#8221; on the land used under right of superficies at 13 Ermi Street in Tila Village, Tartu Municipality, Tartu County. 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