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Sorainen Estonia Advises Estectus on Sale of Tallinn Office Building

Sorainen Estonia Advises Estectus on Sale of Tallinn Office Building

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Sorainen Estonia has advised Estectus, an SEB group property portfolio management company, on the sale of the ScalaCity office building in the Tallinn city center to Colonna investors. The newly renovated office building with a total lettable area of over 5,000 square meters will be managed by Colonna.

According to Sorainain, "the seller’s advisors included Sorainen, Catella and Seven Real Estate Advisors, with the purchase process led by Colonna’s own team."

The Sorainen team was led by Partner Pekka Puolakka and included specialist Counsel Paul Kunnap and Associate Heili Puumann.