CA has signed H&M and Rimi in Tallinn

Pressmeddelande , Stockholm 2012-06-20

CA Fastigheter AB has via its subsidiary Promethean OÛ signed lease contracts with H&M and Rimi in the former Post House in the heart of Tallinn, Estonia. H&M and Rimi will open during autumn 2013.

“ We are very proud to be able to present H&M and a large Rimi city concept foodstore as the anchor tenants in our new Galleria project”, says Andreas Claesson, Head of CA´s Estonian branch.

“We have a great concept for a great location in the city center of Tallinn, now we can also add two great anchor tenants. As a Swedish investor it feels extra inspiring to be part of H&M’s establishment in Estonia”, Andreas Claesson continues.

The building was formerly the Main Post Office for the Estonian Postal Service which will continue to be a tenant. As a matter of curiosity it can also be mentioned that all official distances in Estonia are in fact measured from this building. “The Post House” will now be turned into a Galleria with a total retail area of at least 7000 sqm. The property will go through full refurbishment before opening in autumn 2013.

“Letting of the rest of the building is in full process and we expect to announce the other tenants in the near future”, says Andreas Claesson.

Kevin Havill, New Hansa, is leasing advisor for CA Fastigheter AB.

For more information, please contact:
Andreas Claesson, Head of CA´s Estonian branch +46705662202

CA Fastigheter AB with subsidiaries is usually called the CA-group on a daily basis. It is a Swedish real estate group established in 1912, still family owned in the third generation. The CA-group is managing and administrating its own real estate, mostly located in southern Sweden. The group also holds real estate in St Petersburg-Russia, Tallinn-Estonia and Berlin-Germany. The head office is located in Kalmar, Sweden. The total amount of real estate is 750.000 sqm GLA, split on housing, office space, retail and other commercial space. The existing portfolio in Tallinn consists of approx 30.000 sqm GLA. The asset management partner for CA Fastigheter AB in Estonia is Catella Corporate Finance. For further information please see http://www.cafastigheter.se.