October 12, 2025

Estonia

Volta SKAI OU Registers 2.2 Oversubscription of EUR 8 Million Bond Issuance

Volta SKAI is an Estonian company operating under the brand of local real estate developer Endover

Restate To Develop Logistics Center for Bidfood in Greater Tallinn Area

Estonian developer Restate has sold a commercial plot in the greater Tallinn area to Bidfood. It will also develop a 10,000-square-meter logistics center for the property owner.

Entrum Launches EUR 15 Million Bond-Issue Program

Baltic real estate company Entrum has launched a EUR 15 million bond-issue program, which saw its first tranche raise EUR 2.5 million from investors.

Nordspace Offers Bonds on Nasdaq First North

Nordspace has made a EUR 6 million bond offering, listed on the Nasdaq First North alternative market.

Capitalica Asset Management Redeems Final Bond Issues of Capitalica Baltic Real Estate Fund I

Investment management company Capitalica Asset Management has redeemed two final bond issues of the Capitalica Baltic Real Estate Fund I.

Estonia’s Millerhawk Buys Estonian Real Estate Portfolio from Swedish Investor

Millerhawk has signed an agreement to acquire a portfolio of four major commercial buildings from Swedish investor Sobra Arikeskus OU.

SMH Group Acquires Tallinna Kommunlaateenused

The SMH Group, owned by Estonian entrepreneur Martin Saar, has acquired the business of Tallinna Kommunlaateenused.

SEB Signs Lease for New Baltic Headquarters in Tallinn

SEB has signed the lease for its future Baltic headquarters, which will be located in a new development by Urmas Soorumaa in the Talsinki quarter of central Tallinn.

Karmsund Gets Production Plots at Tallinn Industrial Park from Flebu Properties

Karmsund Group is an investment company focusing on the maritime industry and industrial real estate.

EfTEN Real Estate Fund Acquires Property for Construction of Elderly Care Home

On 31.03.2025, EfTEN Hiiu OU finalized a transaction by which a subsidiary of the fund acquired real property located at Hiiu 42 in Tallinn from Sudamekodu AS.

Foodexpert Picks Up Warehouse and Logistics Property in Tallinn

Estonia’s Foodexpert has acquired a cold storage warehouse and logistics property in Tallinn from Capital Mill.

EfTEN Real Estate Fund Launches Public Share Offering

EfTEN Real Estate Fund AS is holding a secondary public offering of an additional 1,000,000 shares to raise up to EUR 19 million to support new investment initiatives.

EfTEN and Other Estonian Investors Acquire Kristiine Center in Tallinn

EfTEN ABC4 OU, uniting several Estonian investors, has agreed to acquire the Kristiine Center in Tallinn from Finnish listed company Citycon Oyj.

EfTEN Fund Obtains Excellent Label from GRESB for Sustainability

International-sustainable-investment-assessor GRESB has awarded both global and European excellence labels to EfTEN Real Estate Fund 4’s advancements in sustainability.

Mainor Ulemiste Acquires Technopolis Ulemiste in Tallinn

Mainor Ulemiste has acquired the Technopolis Ulemiste campus in Tallinn, Estonia.

EfTEN Real Estate Fund Nine-Month Profit Reaches EUR 10 Million

EfTEN Real Estate Fund AS is reporting that its turnover in the first nine months of this year reached EUR 23.9 million.

EBRD Invests in EfTEN Special Opportunities Fund

The European Bank for Reconstruction and Development is supporting the EfTEN Special Opportunities Fund

EfTEN Real Estate Fund Subsidiary Acquires New Business and Logistics Building in Tallinn

EfTEN Hargmae OU, a wholly-owned subsidiary of EfTEN Real Estate Fund AS, has acquired properties in Tallinn

EfTEN Subsidiary Completes Sale of Property in Tallinn

EfTEN Tahesaju Tee OU, a subsidiary of the EfTEN Real Estate Fund, has finalized its sale of a property located at Tahesaju 5 in the Tahesaju retail park in Lasnamae, Tallinn

EfTEN Real Estate Fund Considers New Share Offering in Baltics

The management board of EfTEN Real Estate Fund AS has presented a proposal for issuing new shares to the company’s supervisory board for the purpose of financing new acquisitions.

NIB Finances New Bridge in Parnu

The Nordic Investment Bank and the City of Parnu in Estonia have agreed to a EUR 15 million loan

Bank of Lithuania Approves Tewox Prospectus

Special closed-ended real-estate investor AB Tewox is planning its first public bond issue