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Press release: Construction of new shopping centre in Harku Rural Municipality reaches final stage

The Tiskre shopping centre, being developed by Capital Mill, will bring 4800 m2 of fresh retail space to Harku Rural Municipality in the autumn, the lion’s share of which will be occupied by Prisma Peremarket. The arrival of the final stage of construction has just been celebrated with a rafter party in Tiskre.

Tanel Samuel, Capital Mill’s partner, stated that this is an important development for the community, which will bring more jobs and good shopping opportunities to the area. The total investment in the construction of the centre is nearly EUR 4.5 million.

‘Harku Rural Municipality is an attractive living environment with a good logistical location, the development of which is important for the people of the region, but also valuable for Estonia as a whole. The municipality is home to almost 15,000 people, for whom the centre will create new opportunities and a wider selection of food and retail goods closer to home.

A petrol station will also be built next to the centre, and there are several additional vacant plots available for further development,’ he said.

Samuel stated that the works are proceeding according to schedule, with the opening of the centre planned for the autumn. At the moment, the construction of gas pipelines and electricity connections, the installation of street lights, water and sewerage pipelines and the performance of roofing works are still underway, after which it will be possible to focus on interior finishing works.

Prisma Peremarket, the anchor tenant of the one-storey centre, will open a store occupying 3600 square metres. According to Teemu Kilpiä, Prisma Estonia’s country manager, the opening of Tiskre is part of Prisma Peremarket’s expansion plans.

‘Through the construction of new shops we are pleased to be able to offer jobs to both builders and the people who will be working there. The opening of the Tiskre Prisma is part of Prisma Peremarket’s expansion plans for the coming years, both in terms of increasing its number of shops and for offering Prisma’s permanently favourable price levels and high-quality and expansive product range to its customers.’

The new shopping centre will be completed in Tiskre, at Liiva tee 61. A traffic circle has already been built in front of the centre, completed in cooperation with Harku Rural Municipality and the Estonian Road Administration. Landscaping works are planned for spring.

Founded in 2008, Capital Mill is a company focused on investing in commercial buildings located in the Baltic Republics. Over the years, the company has made investments totalling nearly EUR 300 million.

Photos of the rafter party (author Karli Saul): http://bit.ly/Tiskre_CM

 

Additional information:

Capital Mill’s partner

Tanel Samuel

Tanel.samuel@capmill.eu

+372-518-7394

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