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Roul Tutt, with extensive experience in banking and energy sector management, has started as the new CEO of Endover.
The signature of the Volta Quarter is coming — Volta SKAI. Homes with a sense of future.
The €8 million secured bond issue of Volta SKAI OÜ, Estonian company operating under the brand of local real estate developer Endover, was oversubscribed 2.2 times.
At present, Volta already has four padel courts. A larger sports hall is also in the works, though its exact composition is still being finalized.
During the offering period from September 17 to September 26, Volta SKAI OÜ will issue up to EUR 8 million worth of secured bonds with a nominal value of EUR 1,000 each.
The first and second tranches were oversubscribed, while the third was fully subscribed ahead of time, reflecting the continued interest among investors in covered bonds and Endover’s development projects.
Come and explore Volta’s sustainable urban space, stylish new homes and commercial premises, enjoy vibrant musical rhythms and exquisite tastes, and step inside the businesses operating at Volta.
Construction is underway on six new residential buildings with a Class A energy rating in the Volta Quarter in Põhja-Tallinn.
The long-awaited summer has also brought back the coastal OKO Riviera events, where warm evenings stretch endlessly, inviting you to enjoy refreshing cocktails, delicious dishes from OKO Restaurant, and sunset DJ beats. And all of this is just 180 meters from the seaside Riviera homes!
Five more buildings are set to be completed this year, and planning is already underway for, among other things, two high-rises.
Volta is reclaiming its historical vitality, and the businesses here invite everyone to come and explore. Stroll through the district’s new inner streets, step into local shops and boutiques, discover your next fashion find, enjoy a tasting at the local wine bar with friends, or challenge your group to a match at the new Volta Padel Center.
This was the second part of a wider targeted bond programme of up to €14 million to be used for the development of Stage V of Volta Residences at Uus-Volta 6.
The anchor tenant of the first phase of the Volta HUB under construction will be MyFitness, which plans to open the most modern fitness club in the Baltics here in the beginning of the new year.
This spring, a padel center will open in the revitalized Volta quarter, and by early 2026, the Volta HUB will be completed along with a MyFitness sports club.
Volta Villa is the main building of the historic Volta industrial complex in North Tallinn, which underwent a comprehensive renovation last year, transforming it into an exclusive residential building with 23 apartments.
The average price per square meter in Volta Quarter was 5,161 euros, exceeding both the market average and the average for Põhja-Tallinn.
The bonds are being issued in tranches, with Endover issuing €4 million worth of bonds in the first phase.
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