AS Nordecon group company Embach Ehitus OÜ and Kaarsilla Kinnisvara OÜ entered into a design and construction contract of a commercial building located in Tartu County, Tartu Municipality, Raadi Borough, Nõlvakaare. This two-storey building will have a net area of 4,928 sqm and has commercial premises on the lower floor and a sports centre on the upper floor. The anchor tenant of the building is Selver AS.

The total value of the contract is 4.9 million euros without VAT and the works will be completed in July of 2024. In addition, Embach Ehitus OÜ and Kaarsilla Kinnisvara OÜ have decided to terminate the construction contract, the conclusion of which was previously announced on 06 February 2023, due to the non-fulfilment of conditions precedent and the postponement of the project to the spring of 2025.