We advised Numai, the first independent rent-to-buy service provider in the EU, in the process of developing their business concept in Estonia. Unique concept Numai is offering a service with a unique concept, where the customer is allowed to rent real estate under the lease agreement until they are ready to purchase it, whereby the […]
We were advising CARIAD Estonia, a Volkswagen Group’s car software company, on a cross-border merger whereby its Luxembourg parent company is merged into CARIAD Estonia, making it a subsidiary of CARIAD SE. Strategic adjustment CARIAD SE is Volkswagen Group’s newest international company, consolidating and expanding the group’s software competencies to develop technological solutions for all […]
We advised in the sale of shares of Elecster Estonia, a wholly-owned subsidiary of Elecster, to Lucky Hammerhead. Focused on the metal industry As a result of the transaction, Lucky Hammerhead acquired 100% of the shares in Elecster Estonia. The transaction amount of the entire share capital is approximately EUR 8.3 million. Elecster Estonia is […]
We advised Stockmann on the sale of its department store properties in Tallinn, Estonia, and Riga, Latvia to the investment arm of Viru Keemia Grupp (VKG). Notable transaction This was one of the biggest real estate transactions in the Estonian and Latvian markets in 2021. The sale is a part of the corporate restructuring program […]
We advised Baltic Horizon Fund, a real estate fund managed by the Norther Horizon Capital, on the sale of the G4S office building in Tallinn to HITS Investments. Continued growth in the Baltics This is the first-ever transfer of an item of the Baltic Horizon Fund portfolio. The sale price reached in a non-market agreement […]