T1 Mall of Tallinn

T1 Mall of Tallinn (Estonian: T1 Kaubanduskeskus, abbreviated T1) is a shopping mall in Tallinn, Estonia. T1 calls itself as "Estonia’s first next-generation shopping and entertainment centre".[1]

T1 Mall of Tallinn
T1 Kaubanduskeskus
T1 Mall of Tallinn in 2022
LocationTallinn, Estonia
Coordinates59°25′28″N 24°47′32″E
AddressPeterburi tee 2, 11415 Tallinn, Estonia
Opening date2018
Websitet1tallinn.com

T1 is a project of Pro Kapital Grupp. T1 was designed by Italian architect Antonio Lavieri and was built by Merko Ehitus Eesti AS.[1] T1 was opened in 2018.[2]

T1 has shopping area of 55,000 square metres (590,000 sq ft) and consists of over 200 stores. On the rooftop, there is Ferris wheel rising 120 m above sea level. This wheel is the first rooftop Ferris wheel in Europe.[2]

AS Tallinna Moekombinaat, the owner of the shopping center, soon experienced financial difficulties, and in 2020 the company went into reorganization.[3] On June 2, 2021, AS Tallinna Moekombinaat went bankrupt by the decision of the Harju County Court, and AS Pro Kapital Grupp lost control over the subsidiary.[4] On June 28, 2021, the bankruptcy trustee put the T1 shopping center up for auction with a starting price of 85 million euros.[5] There was also an attempt to sell the center at an initial price of 65 million, but a buyer was finally found on the third attempt and at an initial price of 55 million.[6]

References
  1. "Eesti esimene uue põlvkonna kaubandus- ja meelelahutuskeskus". T1 Mall of Tallinn. Retrieved 7 May 2020.
  2. "A new standard of retail and entertainment". T1 Mall of Tallinn. Retrieved 7 May 2020.
  3. "T1 suurim võlausaldaja tervitab reedest kohtuotsust: nüüd on asjade loomulik käik pankrotimenetlus". Ärileht. Retrieved 2022-07-18.
  4. ERR, BNS | (2021-06-02). "Maakohus kuulutas välja T1 keskuse emafirma pankroti". ERR (in Estonian). Retrieved 2022-07-18.
  5. "Pankrotihaldur pani T1 keskuse 85 miljoniga oksjonile". www.ohtuleht.ee (in Estonian). Retrieved 2022-07-18.
  6. ERR (2021-12-08). "Kolmas oksjon tõi T1 ostja". ERR (in Estonian). Retrieved 2022-07-18.
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