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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.
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.
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.
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.
North Tallinn, especially the so-called golden mile of Noblessner-Volta-Krulli, needs more support services and retail spaces to provide residents and workers with access to everything they need within the framework of the 15-minute city.
On-site, guests could enjoy sustainable design, oysters, good music, and sparkling drinks.
The new phase of Volta will introduce three additional A-energy-rated apartment buildings, designed by the Apex architecture firm, into this historic quarter built on the principles of the 15-minute city.
Volta SPRING – up to €40,000 off