BPT was honored to advise one of the biggest commercial real estate transactions in Estonia this year!
Colonna has acquired an A-class office building in the heart of Tallinn (Hobujaama 4), where among others are currently operating Nordea Bank, Kredex and NG Invest. Furthermore, Estonia´s first WorkLand – a fully serviced business center has recently opened its doors on the fifth floor of the building. All premises are now fully renovated and there are currently no vacancies. Colonna’s management board member, Roberto De Silvestri believes that attractiveness of the area keeps growing.
BPT´s experienced transaction advisory and property management teams focused their efforts to ensure that the process would be smooth for both parties. The legal advisor of the transaction was Cobalt Legal and the buying process was managed by Colonna’ steam.
Colonna Capital, established in 2006, has invested more than 250 million euros in Estonian real estate projects and is currently managing more than 250 000 m² local premises.