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Rask Advises Elle Capital on Exit from Arealis

Rask Advises Elle Capital on Exit from Arealis

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Rask has advised Elle Capital on its exit from real estate development and management company Arealis, which owns and manages a number of A-class office buildings in Tallinn.

Arealis AS, which is owned by the Nordic Contractors group controlled by entrepreneur Toomas Luman, started operations in 2005. The company concentrates on investment and development projects mainly in commercial buildings, but also partly in apartment buildings.

The firm's team was led by Partner Ramon Rask and included attorney Karl Esko.