TKM Kinnisvara AS concluded agreements to finance a logistics centre with the Nordic Investment Bank
May 07 2024 - 9:30AM
UK Regulatory
TKM Kinnisvara AS concluded agreements to finance a logistics
centre with the Nordic Investment Bank
TKM Grupp AS announced in a company announcement
published on August 22, 2023, its intention to construct a new
logistics centre with a total area of 17,200 m2 on the property
located at Paemurru Street 1, Maardu, owned by its subsidiary TKM
Kinnisvara AS. The logistics centre is built to serve the volumes
of goods of the companies of TKM Group, primarily those of Selver
AS, its subsidiary. A modern building with the energy
performance certificate A shall be constructed in accordance with
the requirements of the BREEAM certification and EU taxonomy.
Today, May 7, 2024, TKM Kinnisvara AS signed a
loan agreement in the sum of 16.1 million euros with the Nordic
Investment Bank (NIB) as the first Estonian company based on
private equity, to finance the construction of the logistics
centre. The duration of the loan agreement is 15 years.
Raul Puusepp
Chairman of the Board
Phone: +372 731 5000
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