EfTEN Kinnisvarafond news
After the upcoming extension of UKU Keskus in Viljandi, Sportland will become a major tenant of the centre
EfTEN Kinnisvarafond AS and Evicon Ehitus OÜ signed an agreement for building an extension of the UKU Keskus (UKU Centre) in Viljandi. The construction works will start in November 2021 and the fund, which owns the centre, will invest 1.64 million euros in the extension. Sportland will become the anchor tenant of the new part of the centre.
“EfTEN has been developing the property of UKU Keskus since 2010, and over the years the centre has become an important part of modern urban space. As the result of the upcoming construction works, the fourth and final extension of the centre will be completed, which will add 975 square meters of rental space. With Sportland, a long-awaited addition in the sports and leisure goods segment will arrive in Viljandi,” said Toomas Õun, Estonian retail business manager of EfTEN Capital.
The centre, which expands towards Uku Street, will have a new spectacular facade, main entrance and lobby. Other new tenants are pet shop KIKA and Pihlaka Café, and the toy store Karupoeg Puhh will move to a larger space. In addition, Rimi, Apollo, Tele2, New Yorker, Pepco, Expert, Estonian Unemployment Insurance Fund and many other tenants operate in the centre.
A memorial plaque dedicated to the communism victims of 1941, located in the area to be expanded and installed at the initiative of the developer, will find a new prominent place in the new seating area in front of the centre.
The architectural solution of UKU Keskus is provided by architects from Muru & Pere OÜ and the author of the extension is the architectural office of Tõnis Tarbe.
The portfolio of EfTEN Kinnisvarafond AS encompasses 17 commercial properties in Estonia, Latvia and Lithuania.