TGS Baltic has advised Nordic Investment Bank on an investment loan of EUR 16.1 million to TKM Kinnisvara to finance the construction of a logistics center.
TKM Kinnisvara is a member of the TKM Group.
According to NIB, "the logistics center will be built to serve the volumes of goods of the TKM Group companies, serving mainly the volumes of goods of Selver, one of the largest retail store chains in Estonia, in the initial phase. The new center, with a total area of 17,200 square meters, is planned to be completed in the fall of 2024."
The TGS Baltic team included Partners Kirsti Pent and Karin Marosov, Counsel Silvia Urgas, and Senior Associate Olger Kaelep.
TGS Baltic did not respond to our inquiry on the matter.
