Pohla & Hallmagi has advised Restate on the sale of a loft-office commercial property in Tallinn to Infortar. The Luminor Bank provided transaction financing.
Restate is a Tallinn-based company focusing on real estate development, project management, sales, and property management.
Infortar, the majority stakeholder of Eesti Gaas and Tallink, is a private investment group in Estonia with interests in shipping and transportation, hospitality, real estate, printing, trading, financial services, and energetics.
Last year, Pohla & Hallmagi advised Restate on its sale of a shopping center and a commercial property to BRCKS (as reported by CEE Legal Matters on June 21, 2021).
Pohla & Hallmagi’s team was led by Partner Toivo Viilup.
The firm could not provide further information on the deal.