Pohla & Hallmagi Advises Restate on Sale of Tallinn Commercial Real Estate to Infortar

Pohla & Hallmagi Advises Restate on Sale of Tallinn Commercial Real Estate to Infortar

Estonia
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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.