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TGS Baltic Advises KEK Arendus on Acquisition of Office Building in Tallinn

TGS Baltic Advises KEK Arendus on Acquisition of Office Building in Tallinn

Estonia
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TGS Baltic has advised real estate company KEK Arendus OU, a member of the Rondam Group, on its acquisition of an office building in the Tallinn city center from Danske Bank A/S and on its conclusion of a lease contract with the current user of the building.

Danske Bank A/S is about to exit the Estonian market after receiving a precept from the Estonian Financial Supervision Authority on February 19, 2019.

TGS Baltic's team was led by Partners Sander Karson and Leonid Tolstov, working with Senior Associate Triinu Jarviste and Attorney Indrek Kangur.

TGS Baltic did not reply to our inquiry on the matter.