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News
15
MAR
2018

Rimi Hypermarket at the end of Peterburi Road now under the roof

The Rimi Hypermarket that is being built at the Peterburi Road and Lagedi Road intersection at the edge of Tallinn has sparked lively interest among people exiting and entering the capital city in the Eastern direction. Today the topping out wreath was brought down from the roof of the commercial building that will be completed in the autumn.

 

Taavi Kiisk, Construction Manager of Capital Mill that develops the Peterburi Road 98 commercial building, expressed satisfaction at the topping out ceremony that future customers are already showing interest in the Rimi store being built in a location with very good prospects and that indicates that the development fills a significant gap.

 

“We are creating something that people clearly need, in a place where there was nothing so far,” said Mr. Kiisk. “This will be the last big store and service centre by the Tallinn-Narva highway before the border town Narva and that speaks volumes. Every day tens of thousands of people depart from Tallinn to the east or via the roundabout to other directions and for them Peterburi Road 98 will be a convenient place to do their everyday shopping and other activities.

 

Near Peterburi Road 98 are intersections of big and important roads and that ensures good connections with the industrial district at Vana-Narva Road, the Muuga Harbour, the Tallinn Ring Road, the Lasnamäe city district and the Tallinn-Narva highway.

 

The centre is being built by Mitt & Perlebach, whose Board Member Kristjan Mitt says that construction has progressed on schedule in spite of delays caused by the cold winter.

 

“The Peterburi Road 98 commercial building does not mean construction of just one house, but this is the first step of developing a comprehensive business environment at the edge of Tallinn and we are happy to contribute to that,” said Mr. Mitt. “The construction is proceeding as planned and in good cooperation with the developer.”

 

Rimi Communication Manager Katrin Bats said that the Benu pharmacy chain is one subtenant who has by now firmly given a positive response.

 

“We can also promise that there will be a florist’s shop in the building. But we also look forward to offers from companies providing different services and catering. The location is very attractive and together we can offer the best comprehensive solutions to our customers,” added Ms. Bats.

 

The closed net area of ​​the building to be completed in November this year is 3,871.5 square metres, of which 2,955.5 square meters will be used by Rimi for customer services and 729 square meters will remain for sub-tenants and general-purpose areas. In addition to the food and consumer goods retailer Rimi there will be among others a pharmacy, a florist and catering establishments operating in the building.

 

The Peterburi 98 Rimi store has a different interior design, focused on Nordic simplicity. The interior of the store is more spacious, simple and modern. In order to minimize the ecological footprint this and other Rimi hypermarkets use the most up-to-date and environmentally sustainable technology from refrigerators to ceiling lights.

 

The architect of the Peterburi Road 98 commercial building is Ivo Rebane from architectural company Guru Projekt OÜ and the main contractor is Mitt & Perlebach OÜ.

 

Capital Mill OÜ was founded in early 2008 to help investors looking to acquire commercial real estate in the Baltic countries and generate value through high-quality property management services. The founders and partners of the company comprise a team with long-standing real estate and banking experience. The company’s investment portfolio consists of a large number of sought-after business properties in Estonia, Latvia and Lithuania.

 

Additional information:

Tanel Samuel

Partner

Capital Mill

+372 518 7394

tanel.samuel@capmill.eu

www.capitalmill.eu