1more Project OÜ acquires two commercial real estate objects with a transaction value of 21mEUR

Ellex Partner in Estonia Ermo Kosk advised 1more Project OÜ on the acquisition of two commercial real estate objects with a transaction value of 21mEUR.

In Tallinn, Estonia, 15,000 square meters of commercial property changed hands for 21 million euros – 1more Project OÜ bought Priisle business park in Lasnamäe and a K2 commercial building in Mustamäe with a portfolio transaction.

“This is the first transaction and we will see how it goes with these objects, new purchases are not excluded. Let’s see what happens in the market,” said the company’s co-owner Vitali Kõllomets.

Linked Experts

Person Item Background
Ermo Kosk
Partner / Estonia