Astlanda Arendus OÜ

What Astlanda Arendus OÜ does

Astlanda Arendus OÜ, operating commercially as OÜ Astlanda Ehitus (brand: Astlanda Ehitus / Astlanda Kinnisvara), is an Estonian construction and real estate development company headquartered in Tallinn (Mäealuse 2/4, 12618) and founded in 2008. The company delivers construction services under general contracting, design-build, and construction management arrangements, and develops residential and commercial real estate, managing associated activities including detailed planning and design coordination. Its core technical offering centers on energy-efficient modern construction — A-energy class and B-energy class buildings featuring centralized underground parking, individual mechanical ventilation with heat recovery, underfloor heating, and video intercom systems — delivered by a team of 39 specialists with higher education, 23 of whom hold engineering credentials in construction. The firm holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications and operates as a privately held Estonian private limited company (registration code 11366804, VAT EE101145385) with no parent company or disclosed institutional ownership.

The company's portfolio is anchored by the Lõvirahu mixed-use residential and commercial development in Tallinn's Kristiine district, which has delivered over 338 homes across phases including Vesipapi 2, 4, 6, and 8 and the Vihitaja buildings (90 apartments, B-energy class). Its forward pipeline includes the Loopealse project (6 buildings, 424 apartments), Kotermaa 5 and 7, the Kikas Kindergarten, and the Haabersti Ice Hall extension. Notable completed works outside the residential core include the Estonian Academy of Arts building, the Tallinn Court House, and the Tallinn Zoo Polararium.

Revenue is generated through one-time sales of developed residential apartments (priced from approximately €250,000 to over €400,000, with mandatory parking €12,000–€18,000 and storage €4,000–€6,000 add-ons) and commercial spaces (from €3,200/m²), plus professional construction services fees. Distribution is direct-to-consumer via project-specific websites (astlanda.ee, lovirahu.astlanda.ee, astlandakinnisvara.ee), an in-house sales team, and social media channels. The customer base consists of individual residential buyers and commercial tenants in Tallinn, with buyer financing facilitated through partnerships with five Estonian banks — Luminor, Swedbank, SEB, Citadele, and Coop Pank.

Name

Astlanda Arendus OÜ

Legal name

OÜ Astlanda Ehitus

Website

https://astlanda.ee

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

Astlanda Arendus OÜ (operating as Astlanda Ehitus) is a Tallinn-based Estonian construction and real estate development firm that builds and sells energy-efficient residential apartments and commercial spaces, anchored by the Lõvirahu mixed-use quarter, serving individual home buyers and commercial tenants in Estonia.

Ownership category

akta.pro rank

Headquarters

HQ city

Tallinn

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Real estate sales: Sale of residential apartments and commercial properties to end customers. Revenue generated from property development and sales transactions.
2. Construction services: Construction and construction management services under general contracting, design-build contracting, and management contracting arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Astlanda Ehitus is a construction and real estate development company that performs construction and construction management services under general contracting, design-build, and construction management arrangements, and develops, sells, and rents its own residential and commercial real estate assets. The company manages the full lifecycle from site selection and detailed planning through design, construction, and final sale or lease, with a flagship development called Lõvirahu in Tallinn's Kristiine district.

Product overview

Astlanda Ehitus is a construction and real estate development company offering a comprehensive suite of services including construction management (general contracting, design-build, and construction management), real estate development, and property sales. The core offering consists of construction services and real estate development, with major product lines including residential apartments (Korterite müük), commercial real estate (Ärikinnisvara), and the flagship Lõvirahu mixed-use development. The Lõvirahu quarter features multiple apartment buildings (Vesipapi 2, 4, 6, 8 and Vihitaja buildings) offering 1-5 room apartments alongside commercial spaces, unified by shared amenities such as underground parking, playgrounds, and green areas. The company operates primarily in Tallinn, Estonia, with over 15 years of market experience.

Differentiator

Problem solved

Functional benefit

Brands

• Lõvirahu: Residential and commercial development project in Kristiine district, Tallinn, featuring apartments and business premises at Vesipapi street.

Products and services

• Ehitusteenused (Construction Services) Construction and construction management services delivered through general contracting, design-build contracting, and construction management arrangements. Includes main contracting for various building types, and is provided to public and corporate clients.
• Kinnisvara arendamine (Real Estate Development) Real estate development including residential and commercial properties, managing associated activities such as detailed planning and design coordination. The company selects sites, plans developments, coordinates design, and delivers finished properties for sale or rent.
• Lõvirahu Elamurajoon (Lõvirahu Residential Quarter) Mixed-use residential and commercial development in Kristiine district, Tallinn, comprising multiple apartment buildings (Vesipapi 2, 4, 6, 8) with commercial spaces and amenities including underground parking, playgrounds, and nearby Löwenruh park. Over 338 homes have been delivered across the development.
• Vesipapi Kodud (Vesipapi Homes) Apartment buildings within the Lõvirahu quarter offering 1-5 room apartments with balconies or terraces, modern finishes, underfloor heating, mechanical ventilation with heat recovery, and video intercom systems. The Vesipapi buildings are A-energy class rated.
• Vesipapi Äripinnad (Vesipapi Commercial Spaces) Commercial spaces within the Lõvirahu quarter at Vesipapi 6 and 8 addresses, featuring modern architecture, A-energy class buildings, starting from 3,200 €/m² with convenient parking and access.
• Vihitaja Majad (Vihitaja Buildings) Three 5-story residential buildings in Lõvirahu quarter (Phase 3), offering 90 apartments in various sizes with 10 different layouts, B-energy class rating, designed by architect Ivo-Martin Veelma from Arhitektibüroo Lokomotiiv. Features include underground parking, playgrounds, and park areas of approximately 3,700m².

Quantifiable outcome

• 338+ homes delivered in Lõvirahu development
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Merko Ehitus: Estonian construction and real estate development company with full-service general contracting, design-build, and residential development. Closest direct comparable in scale, geography, and vertically integrated model.
• Nordecon: Estonian construction and real estate development company with both building contracting and residential development operations. Comparable full-service model including institutional projects.
• Hepsor: Listed Estonian residential real estate developer with apartment projects in Tallinn and other Estonian cities. Direct comparable in residential product offering and target buyer segment.
• Rand & Tuulberg: Estonian construction company with building contracting and real estate development operations. Comparable in general contracting and project delivery capabilities.
• Bonava: Swedish-listed homebuilder active in Baltic states including Estonia. Comparable in urban residential development model and energy-efficiency standards, with broader geographic reach.
• Kaamos Kinnisvara: Estonian real estate developer with residential and mixed-use projects in Tallinn. Comparable in vertical integration and urban development focus.
• YIT Eesti: Finnish homebuilder with established Estonian residential development operations, focused on urban apartment projects. Direct competitor in Tallinn's premium residential segment with similar energy-efficiency positioning.
• Endover Kinnisvara: Estonian residential real estate developer focused on apartment developments in Tallinn. Comparable in product offering, target market, and project-based development approach.
• Liven: Estonian residential developer focused on urban apartment projects in Tallinn. Direct comparable in product type, target market, and apartment sales approach.

Broad incumbents

• Skanska: Major Nordic construction and real estate development company with broader portfolio across multiple geographies. Overlaps with Astlanda in residential and commercial development but operates at much greater scale with diversified service lines.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/astlandakinnisvara
• LinkedInlinkedin.com/company/astlandaehitus
• Instagraminstagram.com/astlandakinnisvara

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Astlanda Arendus OÜ