AS Merko Kinnisvara is founded, later to be re-named E.L.L. Kinnisvara AS


Tallinn’s WW Passaaž shopping mall becomes part of the company’s portfolio until June 2006


Subsidiaries are founded in Latvia and Lithuania

Tallink Express Hotel is completed in Tallinn. In September 2017, it is sold to the AS Infortar subsidiary Fastinvest


The residentialcommercial building at Vilmsi 44 / Poska 4 in Tallinn is completed

Sikupilli Kaubanduskeskus in Tallinn is completed. In September 2007, it is sold to Boultbee Land PLC


Phase I of Spice shopping mall in Riga is completed


Mustamäe 24 commercial building is completed in Tallinn, eventually sold in May 2005 to Susi Real Estate OÜ

The business building at Mustamäe 44 in Tallinn is renovated


The headquarters of the Merko construction company reaches completion on Järvevana tee in Tallinn. In September 2010, the building is sold to AS Merko Ehitus


Tallink City Hotel in Tallinn is completed


Completion of Viru Keskus shopping mall in Tallinn

Phase II of Spice shopping centre in Riga is completed

The office-commercial-residential Admirali Maja development in Tallinn is completed


Mandarinas shopping mall is completed in Vilnius, and sold in June 2006 to Citycon OY

The L3 office building is completed in Vilnius. In October 2016, it is sold to EfTEN Real Estate Fund III

Phase III of Spice shopping centre in Riga is opened


Tallinn’s Nordic Hotel Forum is completed

The Duntes Building in Riga is completed, and in August 2008, sold to Catella Real Estate AG

The Dociškių 15 apartment building in Vilnius reaches completion


Completion of the Sõpruse Ärimaja office building in Tallinn

Spice Home shopping centre in Riga is completed

The Saules Miestas shopping centre is completed in Šiauliai, Lithuania. In August 2015, it is sold to EfTEN Real Estate Fund III

Panorama shopping centre in Vilnius completed

Completion of Saltoniškių 36 apartment building in Vilnius


A mattress factory built for Hilding Anders Baltic AS is completed in Harju County in the greater Tallinn region, and sold in 2009 to AS Kawe Group

Vivulskio 12D business and apartment building in Vilnius is completed

Embassy House, a multifunctional building in Vilnius, is completed


Delta Plaza office building in Tallinn is completed

The renovation of Kõltsu Manor in Laulasmaa in Harju County, Estonia is completed


E.L.L. Kinnisvara is awarded the title of Estonia’s most competitive real estate company


E.L.L. Kinnisvara re-brands itself to KAPITEL. The new trademark will be adopted throughout the group.

E.L.L. Kinnisvara is awarded the title of Estonia’s most competitive service enterprise

The Palác Pavlova office building in Prague becomes the newest addition to the company’s portfolio


The Narbuto 5 office building in Vilnius is completed

An international invitational architecture competition for the Juhkentali office complex in Tallinn is announced

E.L.L. Kinnisvara teams up with the Estonian Academy of Arts in support of the Unfinished City urban studies project

Kapitel to invest 800,000 euros into lighting for Tallinn Old Town

Arhitekt11 wins Liivalaia Quarter interior architecture design competition


Kapitel is awarded the title of Estonia’s most competitive real estate enterprise

Martin Aunin’s work “Lightpark” wins Juhkentali Quarter architectural competition

Kapitel is awarded the title of Estonia’s most competitive real estate enterprise

The modern façade lighting for Tallinn’s Old Town has been completed


Highly regarded architecture bureau Wingårdhs won Viru Keskus’ interior architecture competition Navigatsioon

Kapitel is The Most Competitive Small and Medium-Size Company 2020

Kapitel invests 8 million euros in Nordic Hotel Forum renovation


8.6 million euro renovations will start at Tallink City Hotel

Reopening of Nordic Hotel Forum after complete renovation

Kapitel recognised as Culture Friend 2020

An exhibition on the problems of urban planning in Tallinn opens at the Museum of Architecture


Reopening of Tallink City Hotel after complete renovation

Kapitel and Merko signed a contract to start the construction of the Liivalaia Quarter

Kapitel enters the logistics property business