Name: UPP & CO Kauno 53 OÜ Core business: real estate management Date of registration: 30.01.2017 Auditor: - Date of Admission to Trading: June 12, 2017 (First North Bond List) Certified adviser: - Market: Nasdaq Tallinn Other listings: -
Management Board: Marko Tali
Supervisory Board: Hallar Loogma, Mart Tooming, Tarmo Rooteman
Background Information UPP & CO Kauno 53 OÜ is an Estonian SPV founded by United Partners property which belongs to the United Partners Group. United Partners is pan-Baltic, independent investment firm established in 2003. The objective of UPP & CO Kauno 53 OÜ is to be the owner of Rimi logistics centre at Kauno 53, Vievis, Lithuania.
The property situates on a 4.18 ha land plot with gross leasable area of 21,188m2. It was built on 2007 and today it’s the central logistics centre for Rimi in Lithuania who has leased the premises since 2010. Rimi occupies 85% of GLA and provides 87% of property income. Other tenants include Girteka, Nasdaq Vilnius Services and CAT Cargo Logistics. The property was acquired in April 2017.
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