Real Estate
Europe Guide 2024 : Estonia
Band 2
Email address
[email protected]About
Provided by WALLESS
Real Estate Transactions
WALLESS professionals provide full range of services for corporate real estate investors. The range of our services start with early-stage measures such as project funding, tax structuring, the incorporation of SPVs, acquisition process and continue on to late-stage measures, including after-investment care, project and asset management, transaction and property related dispute resolutions. The legal talents at WALLESS have exceptional sector-specific knowledge in alternative investment fields, such as agricultural and forestry assets.
WALLESS team of lawyers helps local and foreign real estate developers to navigate through the whole real estate development process. Design, construction, development management and supervision agreements are supplemented by assistance in most complicated zoning, planning, land use and acceptance to use cases.
- Advising HeidelbergCement Group and its local subsidiary Kunda Nordic Cement on a complex transaction involving separation of Kunda Port business and its sale to BMLG group, also in various real estate matters
- Advising JNG Investments on the sale-leaseback transaction of 33,000 m2 Via 3L logistics complex located in Rae Municipality at the outskirts of Tallinn
- Advising Bigbank on the acquisition from East Capital of the 17,000 m2 Bauhof construction and gardening centre building in Pärnu, along with the adjacent office building
Chambers Review
WALLESS stands out for its expertise concerning renewable energy projects and environmental issues arising out of them. The team is singled out for its litigation capabilities in construction disputes. Further areas of the department's expertise include zoning and construction permit issues. The firm counts real estate developers and government entities among its clients.
Strengths
Provided by Chambers
"The expertise is excellent."
"It is a robust group of lawyers with top-notch knowledge of the law and a great practical skill set."
"I have very high trust in the team."
"It is a team with great experience."
"The lawyers have good experience, knowledge and connections."
"The expertise is excellent."
"It is a robust group of lawyers with top-notch knowledge of the law and a great practical skill set."
"I have very high trust in the team."
"It is a team with great experience."
"The lawyers have good experience, knowledge and connections."
Notable Practitioners
Minni-Triin Park assists clients with redevelopment and renovation projects, as well as planning and zoning issues. She also assists with real estate transactions. She joined WALLESS in May 2024.
"She is an excellent adviser, with excellent analytical and legal skills, and is very thorough."
"She is very well aware of our needs and is definitely a no-nonsense person."
"It is helpful to brainstorm issues with her, that way we have avoided several pitfalls over the years."
Piret Kergandberg has a broad real estate practice that covers zoning, leasing, permitting and construction mandates, as well as real estate litigation.
"She is strong in all fields and also has very good communication skills."
"I know her as one of the most established real estate and environmental law experts in Estonia, with a solid portfolio of local and international clients."
"Piret takes very good care of her clients. For me she is a good strategist and gives valuable tactical advice, as well."
Ranked Lawyers at
WALLESS
Estonia
Clients
Provided by WALLESS
Lords LB, East Nine, DEPO, Riga International Airport
Industries
Provided by WALLESS
Real estate development, Real estate operation and management, Real estate investment, Construction, Construction materials manufacturing