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AS Pro Kapital Grupp is seeking to reduce Company’s finance costs and is currently in the process of assessing options to improve its current financial position. This can be done due to improvement of financial results of 2017 and 9 months of 2018, announced earlier, and completion of a large investment project, T1 Mall of Tallinn shopping mall. Accordingly, the Company has started the process to arrange a series of investor meetings in Q1’2019.

Following the investor meetings, the Company will determine the best way for lowering its finance costs.

Q3’2018 results of the Company were published on 22 November 2018 and figures for the fourth quarter will be published on 30 January 2019.

For Company’s quarterly and full annual reports of previous years (reported in accordance with IFRS standards), please see the Company’s webpage: http://www.prokapital.com/financials/.

For further information, please contact:

Paolo Vittorio Michelozzi, CEO – [email protected]

Angelika Annus, CFO - [email protected].


Allan Remmelkoor
Member of the Management Board
Tel: +372 614 4920
Email: [email protected]

Pro Kapital Grupp is one of the leading Estonian real estate developer focussing on contemporary large-scale commercial and residential property developments in the capitals of Estonia, Latvia and Lithuania.

Since its establishment in 1994, Pro Kapital has completed about 20 projects with the total surface area for sale extending over 190,000 square meters. Pro Kapital projects have been among the most remarkable developments in the Baltic real estate sector.

Every day more than 50,000 people wake up, work, shop or dine in buildings constructed by Pro Kapital.