Start of construction of the fourth stage of the Vilneles Skverai residential project (Vilnius, Lithuania)

UAB Merko Būstas, part of AS Merko Ehitus group, has launched the fourth stage of the Vilneles Skverai residential project located on the outskirts of the Old Town of Vilnius. The new stage includes in total of six apartment buildings with 318 apartments. Merko has started the construction of the first part of the fourth stage, which includes the entire underground car park complex and the first three residential buildings above-ground. Completion is scheduled for the second half of 2026.