Morning seminar “Commercial Real Estate Market in the Baltics”

06Oct

We are pleased to announce that the first commercial real estate seminar held in cooperation between BPT Real Estate (BPT) and Cobalt Legal was a success. The event took place at the Nordic Hotel Tallinn on Friday, 30 September, in the format of a morning seminar.

The idea of the seminar was brought to life together with BPT celebrating its 15th anniversary, launching several new services offering a strategic partnership throughout the commercial real estate life cycle and with Cobalt Legal celebrating their 5th award for Baltic Law Firm of the Year.

The first presenter was Mihkel Pärtel, Head of Advisory at BPT, who presented an overview of the commercial real estate market in the Baltic region – more specifically, covering the office, retail, and investment sectors – and compared the situation in Estonia, Latvia and Lithuania. Mihkel´s presentation was followed by Indrek Hääl, BPT Group CEO, who spoke about the rising trend of the new “sharing economy” and how it impacts commercial real estate. The presentation examined several examples of successful concepts involving shared office spaces around the world and provided a sneak-peek into WorkLand – our very own fully-serviced working environment.

After a short break, partners from Cobalt Legal took over, with Aivar Taro sharing valuable information regarding the seller´s liability in real estate transactions and Liina Linsi talking about the challenges and opportunities faced when there is a need for early termination of a lease. The presentations by Aivar and Liina were particularly engaging because of the case studies and tips given.

Based on the amount of questions asked and the practical discussions evoked during the seminar, together with the positive feedback received from participants, we are already looking forward to planning our next event. Stay tuned!

Read more about the seminar from Äripäev Online here (content in Estonian only).