TGS Baltic has advised real estate company Kapitel on the acquisition of a 50% holding in the Nordassets logistics property company from Logassets OU. Cobalt advised Logassets on the transaction, which remains contingent on the approval of the Estonian Competition Authority.
Kapitel is one of the Baltics’ largest real estate companies and is engaged in the development and management of shopping centers, hotels, and office buildings.
According to TGS Baltic, “the main area of activity of Nordassets is development, acquisition, management, and leasing of industrial property.”
TGS Baltic’s team included Partner Sander Karson, Senior Associates Kart Raud, Merli Maesalu, and Triinu Jarviste, and Lawyer Hanna Maria Kokla.
Cobalt's team included Partners Aivar Taro and Elo Tamm, Senior Associate Tonu Kolts, Associate Helen Sool, and Assistant Lawyer Mari Teder.
