AS Tallink Grupp has contracted the 10-year rental agreement with OÜ Fastinvest,
a subsidiary of AS Infortar, whereby AS Tallink Grupp will rent office space in
the new building in Tallinn, Sadama street from spring 2009. The rental price
for the square meter is 195 EUR in a year which from year 2010 will increase
according to the CPI, but not more than 6% in a year. The rent will be paid
monthly 1/12 of the year amount. AS Tallink Grupp does not invest into the
building neither does any prepayments related to this transaction.
The new building is designed according to Tallink`s needs and its layout is much
more effective compared to the current office in Tartu mnt. 13 in Tallinn. The
latest building standards and materials make it also more energy efficient. The
location of the new building is in the Tallinn port area, which is a great
benefit to our employees who need to commute between our vessels, port and
office several times a day. Tallink's rental- and housing costs per employee
will become relatively smaller in the new building.
Janek Stalmeister
Finantsdirektor
AS Tallink Grupp
Tel. +372 6409 800
E-mail: janek.stalmeister@tallink.ee
