Tallinna Kaubamaja Grupp
Conclusion of the construction agreement of the Viimsi Centre building
DGAP-News: Tallinna Kaubamaja 16.09.2014 / 15:15 --------------------------------------------------------------------- On 15 September 2014, Tallinna Kaubamaja Kinnisvara AS, subsidiary of Tallinna Kaubamaja AS, concluded a general contracting agreement with the construction company Nordecon AS for the establishment of a new, close to 14,000 m2 shopping and entertainment centre in Viimsi. The contractual cost of the construction works is approximately 9.0 million euros to which VAT will be added. The main tenant of the Centre is Selver AS that will open a hypermarket at the centre. In addition to different shops, the Viimsi Centre will accommodate various other service and entertainment providers. The construction works of the Viimsi Centre that is planned to be opened in the autumn of 2015 will commence in September of the current year. The shopping centre will be established on the 2.3-hectare registered immovable owned by Tallinna Kaubamaja Kinnisvara AS. Raul Puusepp Chairman of the Board Phone: +372 731 5000 News Source: NASDAQ OMX --------------------------------------------------------------------- 16.09.2014 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tallinna Kaubamaja Estonia ISIN: EE0000001105 End of News DGAP News-Service --------------------------------------------------------------------- 287283 16.09.2014
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