Trigon Property to issue up to EUR 127m in shares to fund Baltic shopping centre

Estonian property developer Trigon Property Development said it plans to issue up to EUR 127 mln in shares to fund construction of a shopping centre development project near the Estonian capital Tallinn. Trigon is entering what is known as The Gate Tallinn Project through a strategic partnership with Chester Universal OU and will pay for its stake in the project with Trigon Property shares. The shares will be issued in February.

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