Pontos sells its holdings in Viru Keskus to long-term co-owner

Ellex in Estonia advised Pontos Baltic AS, the majority shareholder in Viru Keskus, a flagship retail centre in Tallinn, in the divestment of their stake to Estonian investors – the current co-owner Kapitel and the Estonian family office Tristafan.

Viru Keskus is the market leading and most visited retail centre in Estonia, with more than 13 million visitors annually.

Ellex team who advised Pontos on the deal included Partner Risto Vahimets, Senior Associate Alla Kuznetsova, Partners Martin Mäesalu, Martin Triipan and Toomas Vaher, Counsel Dmitri Rozenblat, Senior Associate Liisbeth Lillo, and Lawyers Regina Getter Maajärv, Carmen Linda Plats and Miikael Tuus.