Cobalt is extremely experienced in large-scale property development matters, adding on to its strength in real estate transactions. Practice head Aivar Taro is a key contact for the group’s large-scale real estate transactions. The group’s construction work is often executed by Liina Linsi, who represents international construction companies in disputes. Sandra Sillaots often handles non-contentious construction matters such as complex construction agreements, another strength of the wider group.
Real estate and construction in Estonia
Cobalt
Praxisleiter:
Aivar Taro
Weitere Kernanwälte:
Liina Linsi; Sandra Sillaots
Referenzen
‘Aivar Taro has expert knowledge.’
‘Market-leading team, headed by Aivar Taro.’
Kernmandanten
Aquila Capital
LHV Varahaldus
Inter Gestion REIM
VKG Fiber OÜ
Kadaka Aiandi AS
Porto Franco
Corum Asset Management
Baltic Horizon Fund
Northern Horizon Capital
Consolis/E-Betoonelement
Satnam/Capfield
Workland
Lääne-Nigula Municipality
Easternlightestonia OÜ
Notorious OÜ
Baltek Arendus
OMA Ehitaja
Viru Keemia Grupp
Kapitel AS
Enery Österreich GmbH
Highlight-Mandate
- Advising Enery Development GmbH and its subsidiary Enery Estonia OÜ on developing solar parks and onshore wind farms across Estonia.
- Advising VKG Fiber on developing a greenfield biorefinery complex in Ida-Viru County.
- Advised Mirrow Institute on making an investment in Mainor Ülemiste and Technopolis Ülemiste, the developers of Ülemiste City.
Ellex
The group at Ellex has a strong presence in the real estate sphere throughout the Baltic region and deals with the full life cycle of real estate development matters, as well as construction projects in the IT, energy and infrastructure sectors. Kaisa Jakobsoo acts in related disputes and handles communication with administrative authorities. Infrastructure and energy sector expert Martin Käerdi oversees the team alongside Martin Triipan, who has a strength in environmental and planning law issues related to real estate and construction. Jaanus Ikla and Triin Frosch are key team members in acting for energy companies in real estate matters, while Ermo Kosk stands out for cross-border M&A transactions in the real estate sector. Risto Vahimets is also noted.
Praxisleiter:
Martin Käerdi; Martin Triipan
Weitere Kernanwälte:
Kaisa Jakobsoo; Jaanus Ikla; Ermo Kosk; Triin Frosch; Risto Vahimets
Kernmandanten
Eesti Energia
AS Infortar
Elering AS
European Bank for Reconstruction and Development
Nordecon AS
Graanul Invest AS
Viljandi Real Estate OÜ
Oiltanking GmbH
Veho
Swedbank
Sorainen
Sorainen houses a ‘very wide range of specialists‘ in real estate law who have strong connections with local and state authorities, which is beneficial to clients in real estate matters involving negotiations with public authorities in Estonia. Infrastructure law expert Paul Künnap and Piret Jesse head up the team, the latter of whose mediation expertise is useful for real estate disputes. Sandra Mikli‘s planning law expertise leaves her well placed to assist clients with the planning law elements of construction projects. Triin Ploomipuu is experienced in property-related transactions.
Praxisleiter:
Paul Künnap; Piret Jesse
Weitere Kernanwälte:
Sandra Mikli; Triin Ploomipuu
Referenzen
‘The team is always highly focused and professional, aiming to fit the customer’s needs best.’
‘Piret Jesse can offer tailor-made solutions fit for the client’s needs.’
‘Sorainen’s office has strong legal competence in planning matters. This includes communication with local and state authorities, contract law, and neighbour rights.’
Kernmandanten
Technopolis Holding Oyj
Respect Energy Holding
Rail Baltic
The Ministry of Climate of Estonia
Fortaco Estonia
Edel Offshore Wind OÜ
R-S OSA Service OÜ
The Ministry of Economic Affairs and Communications of Estonia
Sunly Group
Power2X
Energiasalv
Metsä
Indoor Group
Highlight-Mandate
- Advising Rail Baltic on the development of the pan-Baltic Rail Baltica railway.
- Advising Sunly Wind on the administrative procedures for obtaining superficies licences for offshore wind farms.
- Advising Technopolis Holding Oyj on selling its majority shareholding in Technopolis Ülemiste, supporting the buyer’s due diligence efforts, drafting and negotiating the transaction documents, and closing the transaction.
WALLESS
WALLESS merged with FORT in 2024, bolstering its ability to handle large real estate transactions, including the tax elements of these transactions. The group is also highly experienced in both design and planning matters. Versatile real estate and construction law experts Piret Kergandberg and Minni-Triin Park head up the team. Margus Kõiva is a key contact for real estate matters involving zoning and building permits, while Angela Kase is strong in construction law disputes or disputes with planning elements.
Praxisleiter:
Piret Kergandberg; Minni-Triin Park
Weitere Kernanwälte:
Angela Kase; Margus Kõiva
Referenzen
‘The Walless team is known for its experience, providing clients with full legal support for flexible areas of real estate development and construction. Walless is dedicated to working across the Baltic region, handling many major projects that cover all three Baltic countries.’
‘I am well-acquainted with Angela Kase, who has a strong ability to effectively communicate legal matters to diverse audiences.’
‘Walless’ real estate team has outstanding experience in construction, real estate development, and planning.’
Kernmandanten
Kapitel
LIDL Estonia
LHV Pension Funds
Tartu City Government (SÜKU)
Estonian Ministry of Regional Affairs and Agriculture
Bonava Group
Saare Wind Energy / Van Oord
ARB
Harju KEK
Astri / Lõunakeskus / Balti Jaama turg
Kentex Arendus
Avalon Estates
Scanweld Ehitus
Artiston Grupp
Eesti Ühistuenergia
Kakkoveski/ Kaido Parv (Nursipalu)
NR Energy
Capitalica Asset Management
Crowdestate OÜ
Highlight-Mandate
- Advised Kapitel and Tristafan on the acquisition of Viru Centre (Viru Keskus shopping centre) from Kapitel’s Finnish business partner Pontos Group.
- Advised Lidl Estonia on Lidl’s debut within a shopping mall in Estonia.
- Advised Arter Kinnisvara OÜ on negotiating a lease agreement with AS Swedbank for its new bank headquarters for around 2,000 employees.
Eversheds Sutherland Ots & Co
Eversheds Sutherland Ots & Co provides a full service across real estate and construction transactions and disputes. The group has the capacity to handle the project finance and other transactional aspects of sizeable government projects and infrastructure projects. Practice head Maivi Ots is particularly reputed for advising on construction contracts as well as real estate finance, for which Dmitri Zdobnõh is also well known. Toomas Pikamäe is a popular choice for planning and zoning matters.
Praxisleiter:
Maivi Ots
Weitere Kernanwälte:
Triin Antsov; Dmitri Zdobnõh; Margit Lahevee; Toomas Pikamäe
Referenzen
‘The company is very responsive. We receive quick feedback and always feel that things are taken care of. We don’t just perceive this team as reactive. In a very important case, they were also innovative and found a legal solution to a business dilemma for us.’
‘They are flexible and come up with ideas that are outside the box.’
‘Toomas Pikamäe has admirable knowledge and the ability to handle the client in such a way that the client knows that everything is in safe hands.’
Kernmandanten
Tallinna Vesi AS
City of Tallinn
Epler & Lorenz AS
Pro Kapital Eesti AS
Agrone OÜ
Ecobay OÜ
Pharma Holding OÜ
Ignitis UAB
Cesana Grupp OÜ
Falber Mets OÜ
Highlight-Mandate
- Representing the Kiili municipality in an application to the Supreme Court of Estonia to declare the current legal situation concerning the rights and obligations of local governments on certain planning and construction matters unconstitutional.
- Advising Cesana Grupp OÜ on construction contracts for two new office buildings developed by the client.
- Advising Falber Mets OÜ on the development of a wind park and related negotiations involving complex contracts and issues related to land use and profit-sharing.
NJORD Law Firm
NJORD Law Firm‘s team has a strength in complex real estate transactions, assisting an increasing number of clients in the renewable energy space on matters such as lease agreements. The group also works on spatial planning and construction issues including construction litigation. Jelizaveta Henno and Veikko Toomere head up the team, the former of whom is lauded for her proficiency in real estate law. Elsewhere, Raimo Klesment focuses on spatial planning, leaving the group well equipped to deal with technical planning elements of real estate matters.
Praxisleiter:
Jelizaveta Henno; Veikko Toomere
Weitere Kernanwälte:
Karolina Ullman; Raino Klesment
Referenzen
‘Lawyers are very professional and accommodating. Always ready to find solutions and are not afraid to think outside of the box. They make time when it is crucial and it is easy to reach them and get input quickly.’
‘We have consistently relied on NJORD for our real estate legal needs. Their team’s responsiveness and deep knowledge in this area are second to none in my view. Their practice works as a cohesive unit, which results in very good communication and a comprehensive understanding of our needs. One of the strengths that I would like to point out is that the team has the ability to anticipate challenges and therefore provide clear, actionable advice.’
‘We have worked with Jelizaveta Henno. What sets her aside from other attorneys that we have worked so far is her understanding of real estate law, and her ability to make complex matters clear and understandable for non-lawyers. She truly has been an invaluable asset for the whole project. Another thing I would like to point out is her responsiveness. She is always quick to respond, even under tight deadlines, and her proactive approach has been invaluable.’
Kernmandanten
MAXIMA Eesti OÜ
Wihuri OÜ; Wihuri Oy
GVP Invest Estonia OÜ
Tommi Mäkinen Racing OÜ
VG Estonia OÜ (Coolbet)
Viking Line (Viking Line Eesti OÜ)
Danish Embassy in Estonia
Nuve Partners OÜ
Roobu II OÜ and OÜ ALTEPARK
Real Estate Strategy Fund
P34 OÜ|Eskaro AS
Highlight-Mandate
- Advised Maxima Eesti OÜ on a complex situation related to the construction and opening of a grocery store in an apartment building in the centre of Tallinn.
- Advised GVP Invest Estonia OÜ on legal matters concerning the planning, design and construction of the Hilton hotel to be opened in Tallinn in 2024.
- Advised Wihuri OÜ on the lease agreement with a real estate developer for the construction and lease of a regional sales and service centre.
NOVE
NOVE handles a wide range of construction matters, including disputes, for clients such as the largest construction company in Estonia, and is also instructed by various real estate companies, spanning from developers to designers. Kristjan Tamm, Marika Mugur, and Heili Püümann are the trio leading the team, the former of whom is a go-to lawyer for the technical elements of construction projects due to his extensive knowledge of construction law.
Praxisleiter:
Kristjan Tamm; Marika Mugur; Heili Püümann
Referenzen
‘The team is very familiar with the market. Their attitude is very professional.’
‘Always helpful and focused on the best co-operation possible.’
Kernmandanten
Consumer Protection and Technical Regulatory Authority
Environmental Investment Centre
Sunly AS and its subsidiaries
Merko Ehitus Eesti AS
Solid House OÜ
Infragate Eesti AS
Innopolis Insenerid OÜ
Tallinna Sadam AS
Lääne-Tallinna Keskhaigla (West Tallinn Central Hospital)
EstKonsult OÜ
Highlight-Mandate
- Assisted Metsapäike OÜ with the preparation of construction and supervisory contracts for the largest 45MW solar power plant in Estonia for a subsidiary of Sunly AS (Metsapäike OÜ) and representing the client in negotiations.
- Representing Restor AS in the court proceedings regarding the debt collection from the developer of the Hotel Regent Tallinn.
- Successfully representing Merko Ehitus Eesti AS in a dispute with real estate developer Fausto Capital OÜ.
TGS Baltic
Following its merger with PwC Legal in early 2024, the team at TGS Baltic has grown, enabling it to handle a wider variety of matters such as public contracts, construction disputes and real estate transactions for a client base consisting of leading real estate developers and construction companies. Peeter Viirsalu and Karin Marosov, who joined in the merger, head up the team. Merli Mäesalu is highlighted for her advice on matters related to planning, permits, and dealings with municipalities and other authorities. Managing partner Sander Kärson stands out for complex real estate transactions. Jana Tudelep is also noted.
Praxisleiter:
Peeter Viirsalu; Karin Marosov
Weitere Kernanwälte:
Jana Tudelep; Merli Mäesalu; Sander Kärson
Referenzen
‘The team has grown thanks to a merger with PwC Legal. They have the largest real estate advisory team in Estonia. The core team is senior lawyers with extensive experience and hence with very good market understanding. Thanks to a larger team, they are always quick at responding. The most unique thing about the team is thus the people. Senior and experienced knowledge and enough resources to support client quickly in crises.’
‘We mainly work with Karin Marosov. Karin is extraordinary. We use her advice when we want to make a deal and when we have a dispute. She adapts effortlessly.’
‘The team has broad and extensive experience, effectively combining essential elements from different areas of law. This requires a deep understanding of the client’s business incentives. The merger with PwC Legal has added extra strength to the team, bringing many excellent experts on board.’
Kernmandanten
Invego OÜ
Reterra Estate OÜ
Colonna
Kodumaja AS
Tartu City
Mapri Ehitus OÜ
Port of Tallinn
Vintselle OÜ
Timbeco Woodhouse OÜ
The University of Tartu
Estiko AS
Linnakodu
Aktsiaselts Eesti Raudtee (Estonian Railways)
Ministry of Finance of the Republic of Estonia
Framm AS
LHV Varahaldus AS
Hausers
KRC Ehitus
Golden Fields
Maru Ehitus
Welement
Cultural Endowment of Estonia
Capfield
Highlight-Mandate
- Advised Maru Ehitus on negotiating and concluding a design and build construction contract to build a 14,000 m2 facility solid oxide fuel cell (SOFC) and solid oxide electrolyser cell (SOEC) production plant.
- Assisted the Ministry of Finance with the establishment of qualitative evaluation criteria in public procurement.
- Assisted Capfield with drafting and negotiating a construction agreement for a custom-designed restaurant building for a restaurant chain.
Cuesta Law Office
Cuesta Law Office‘s real estate and construction team adopts a multidisciplinary approach, working in close contact with the firm’s public law and infrastructure teams. The group assists companies with all construction and planning issues, in addition to its strength in real estate financing. Britta Oltjer heads up the team, counting major real estate firms as key clients, while Lada Riisna excels in real estate sales and financing contracts.
Praxisleiter:
Britta Oltjer
Weitere Kernanwälte:
Valeria Arsjuta; Lada Riisna
Referenzen
‘You always get a good solution to your problems in a reasonable time.’
Kernmandanten
AS Chemi-Pharm
Lindenline OÜ
ETRE OÜ
Kitsas 16 Kodu OÜ
Arens Ehitustööd OÜ
Koeru Infrateenused OÜ
Santeks Masinad OÜ
Kristina Uuskar
Rapla Vald, Alu Alevik, Pargi Tn 1 Kü
Highlight-Mandate
- Representing Rapla Vald, Alu Alevik, Pargi Tn 1 Kü in a dispute with the builder over construction defects.
- Prepared AS Chemi-Pharm with preparing a legal due diligence report.
LEADELL Pilv
LEADELL Pilv‘s core strengths include construction disputes throughout the Baltic region and providing real estate contract advice. Experienced litigator Pirkka-Marja Põldvere leads the group together with real estate disputes expert Merilin Ojasaar, who ‘produces very logical, perfectly constructed documents’. Aivar Pilv is also adept at handling real estate disputes.
Praxisleiter:
Pirkka-Marja Põldvere; Merilin Ojasaar
Weitere Kernanwälte:
Aivar Pilv
Referenzen
‘Highly professional. They look very carefully into the case and suggest the best option.’
‘Merilin Ojasaar produces very logical, perfectly constructed documents. She acts very professionally in court and always answers my questions. She is also ready to discuss different ways of acting, listening very carefully and giving the best advice.’
Kernmandanten
Farmada OÜ
Sulane Ehitab OÜ
LVM Kinnisvara OÜ
Evicon Ehitus OÜ
Implant OÜ
EHC Lootsi OÜ
Randomer OÜ
Timberelement Paigalduse OÜ
Eurofins Environment Testing OÜ
Tenter OÜ
Highlight-Mandate
- Representing Otepää Rural Municipality Government in a dispute over the use of a subsidy for construction works.
- Advising Evicon Ehitus OÜ on different contractual law questions.
Magnusson
Magnusson has a strong presence both in the Baltic and the Nordic regions, frequently working on cross-border real estate transactions and providing day-to-day commercial advice to real estate companies. Kaidar Sultson heads up the team. Priit Pahapill stands out for real estate financing work.
Praxisleiter:
Kaidar Sultson
Weitere Kernanwälte:
Priit Pahapill
Kernmandanten
Tallinn Film Wonderland
Enersense AS
Baltania OÜ
Sixfold OÜ
AS Mootor Grupp
Ms Anu Kama
Apartment Associations
Saint-Gobain Eesti AS
Põhjala Brewing AS
Highlight-Mandate
- Advising Tallinn Film Wonderland on a broad range of legal issues related to the establishment of Tallinn Film City.
- Advising Baltania OÜ on the construction of the bio-coal production facility in Estonia.
- Advised Põhjala Brewing AS on one of the first purpose-built craft breweries in Estonia.
RASK Attorneys-at-Law
Referred to by one client as ‘one of the most qualified real estate teams in Estonia‘, RASK Attorneys-at-Law‘s ‘strong, motivated and well-qualified’ team represents large Estonian real estate and construction firms and investment funds in a range of both real estate and construction transactions. Firm founder Ramon Rask heads up the team alongside Marina Lapidus, who has a track record of working in the construction industry and is therefore key for specialist construction law advice.
Praxisleiter:
Ramon Rask; Marina Lapidus
Weitere Kernanwälte:
Karl-Kristjan Kahm; Ken Kaarel Gross
Referenzen
‘RASK has one of the most qualified real estate teams in Estonia. Ramon Rask runs the team, with extensive experience in development, construction, drafting contracts and litigation. Marina Lapidus, Karl-Krisjan Kahm and Ken Kaarel Gross can take on whatever challenges we may face in the field of real estate/construction. Strong, motivated and well-qualified team.’
‘Ramon Rask, Marina Lapidus and Karl-Kristjan Kahm are all experienced and yet highly motivated individuals. The hunger for overcoming challenges which they possess is excellent.’
‘The team is unique because Ramon Rask has real experience in real estate and construction, particularly commercial real estate projects.’
Kernmandanten
Fausto Capital AS
Nordecon AS
Nordlin Ehitus OÜ
Püha Johannese Kooli SA
Lumi Retail Partners OÜ
MAVE Varahalduse OÜ
Estonian Fund for Nature NGO
Evecon OÜ
Zenith Family Office OÜ
Pärnu Sadam AS
Triniti
Triniti often advises on areas such as leasing and construction contracts and is notable for handling real estate matters in highly regulated sectors such as the energy sector. Indeed, the group advises Utilitas, one of the biggest privately held heat and power companies in Estonia, on a regular basis. Virge Murak is at the helm, often appearing in court in real estate disputes. Ramil Pärdi stands out for his property, spatial planning, and construction law expertise.
Praxisleiter:
Virge Murak
Weitere Kernanwälte:
Sandor Elias; Klen Laus; Ramil Pärdi
Referenzen
‘TRINITI is good at solving problems before the client becomes aware of them.’
‘Sandor Elias has an unparalleled sector know-how and work ethic and we always know that he is there for us. He is the most efficient lawyer I have seen.’
Kernmandanten
Utilitas Group
Kodea OÜ
Rail Baltic Estonia Ltd
Reme Grupp OÜ
Kiikri Ehitus OÜ
Kroodi Vesi
Kodasema OÜ
Multivara OÜ
KOKO Arhitektid OÜ
Mainor Ülemiste AS
Highlight-Mandate
- Advising state-owned company Rail Baltic Estonia on many important spatial planning assignments related to planning and constructing the new high-speed railway.
- Advised the buyer on a landmark transaction in the Baltic business property market, where a 51% stake in Technopolis Ülemiste was acquired by Mainor Ülemiste, one of the leading property developers in the country.
WIDEN
WIDEN demonstrates ‘extensive experience in advising on real estate transactions, conducting due diligence, and negotiating contracts‘, as well as assisting clients with contentious real estate matters, and infrastructure and construction advice. Practice head Marge Männiko has a wide variety of experience in commercial, industrial and residential real estate matters. Karoli Unus is key for solar park and wind power plant construction advice.
Praxisleiter:
Marge Männiko
Weitere Kernanwälte:
Karoli Unus
Referenzen
‘The practice stands out due to its blend of in-depth legal expertise and a personalised approach to client needs. Potential clients would appreciate their strong communication, swift problem-solving skills, and attention to detail. Their commitment to diversity and inclusion within the firm creates a progressive and dynamic environment that benefits clients.’
‘The way Karoli Unus and Marge Männiko can simplify complex legal matters while providing clear, actionable advice is truly remarkable. Karoli has an exceptional strategic mindset, always offering insightful solutions tailored to our specific business needs, while Marge Männiko shows an impressive level of attention to detail in every task.’
‘This is a modern Estonian law firm with a solid real estate and construction practice.’
Kernmandanten
Konesko AS
Tänavapuhastuse AS
Dasos Capital OY
Osaühing Bluegate
Harju Tarbijateühistu (Coop Harju)
Kerberon OÜ
Arco Vara AS
Obermeyer International GmBH
TotalEnergies Renewables SAS
HANZA Mechanics
Alfasan Holding B.V
Rail Baltica
Tallinna Raamatutrükikoda OÜ
Stay Larsen OÜ
Highlight-Mandate
- Assisted Konesko with a legal audit of a solar park and prepared the sale documentation and agreement and advised on the negotiation and closing of the transaction.
- Advised Dasos Capital Oy on the sale of companies investing into a forest asset.
- Advised Rail Baltica on a rail project set to transform the transportation landscape by establishing a high-speed rail network.