The retail letting in former Post House, Tallinn, completed

Tallin 2012-12-12

CA completes the retail letting in the former Post House in Tallinn. CA Fastigheter AB has via its subsidiary Promethean OÛ completed the letting process for the former Post House in the heart of Tallinn. A grand opening of the new Galleria is planned in autumn of 2013.

 “We are very proud to announce that we are now fully let on the retail side. To earlier announcements of H&M and a large Rimi city concept foodstore we can now add New Yorker, Rademar Sport, NS King, Benu Apteek, PereOptika, RKiosk and Reval Café”, 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 a great mix of tenants. We wanted a new fresh modern approach which is now accomplished”, Andreas Claesson continues. The building was formerly the Main Post Office for the Estonian Postal Service which will continue to be a tenant. The total retail area of the new Galleria will be ca 7000 sqm. The property will go through full refurbishment before opening in autumn 2013. “Letting of the top floor, ca 1700 sqm of office space, is in full process and we expect to announce the office tenants in the near future”, says Andreas Claesson. Kevin Havill, New Hansa, is leasing retail advisor and Catella Corporate Finance leasing office 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.

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