Next Generation Partners

Real estate and construction in Estonia

Cobalt

At Cobalt, large-scale property development matters form a key pillar of the practice, with the team often instructed in cases involving commercial, lease and rental agreements. Real estate transactions remain prominent in the group's workload, often involving the sale and purchase of commercial, industrial, and logistics projects; Aivar Taro is active in this area. The team is developing its expertise in advising on real estate-related issues in the Estonian energy sector, a core area of focus for Siim Vahtrus. On the contentious side, disputes involving zoning issues are handled by Liina Linsi. Sandra Sillaots is a key name to note.

Praxisleiter:

Aivar Taro; Liina Linsi


Weitere Kernanwälte:

Siim Vahtrus; Sandra Sillaots


Kernmandanten

Aquila Capital


LHV Varahaldus


Inter Gestion REIM


VKG Fiber OÜ


Kadaka Aiandi AS


Porto Franco


Corum Asset Management


Baltic Horizon Fund


Northern Horizon Capital


Consolis/E-Betoonelement


Satnam/Capfield


Workland


Bouygues Travaux Publics


Lääne-Nigula Municipality


Mirrow Institute OÜ


Notorious OÜ


Baltek Arendus


OMA Ehitaja


Viru Keemia Grupp


Sõbra Ärikeskus


Highlight-Mandate


  • Advising Porto Franco on the restructuring and partial sale of its large-scale commercial development in Tallinn City centre.
  • Advised Inter Gestion REIM on a sale and leaseback transaction of one of the largest private outpatient medical centre properties in Estonia.
  • Advised Sõbra Ärikeskus on the sale of a portfolio of four commercial properties leased by Bauhof and A1000 to Estonian real estate company Dragon 9.

Ellex Raidla

Ellex Raidla has an excellent reputation across the Baltic region for its strength in supporting clients on the whole lifecycle of real estate and construction development projects. The group routinely represents multi-national companies with Estonian operations in mandates, including assisting energy, IT and infrastructure entities with construction matters and advising on commercial agreements. Martin Käerdi, who is well-versed in handling the real estate aspects of M&A deals, and environmental and planning law expert Martin Triipan co-head the practice. Jaanus Ikla is very active in the real estate sector, as is Risto Vahimets, who focuses on real estate finance work. Ermo Kosk brings experience in cross-border M&A matters, and is well-placed to represent buyers and sellers in large-scale real estate transactions.

Praxisleiter:

Martin Käerdi; Martin Triipan


Weitere Kernanwälte:

Kaisa Jakobsoo; Jaanus Ikla; Ermo Kosk; Triin Frosch; Risto Vahimets


Referenzen

‚Ellex has an academic approach.‘

‘Martin Käerdi has a good view of the big picture and the different legal options therein.’

‚Extremely client-oriented, top-tier legal practitioners who, in our opinion, essentially wrote the playbook for Estonian real estate and construction law.‘

Kernmandanten

Veho AS


HOF ehf


Viljandi Real Estate OÜ


Swedbank AS


Environmental Investment Center


Ministry of Climate of Estonia


The Estonian Centre for Defence Investments (Riigi Kaitseinvesteeringute Keskus)


Sorainen

Sorainen is perhaps best known for its expertise in advising on prominent construction projects and real estate projects in the transport and renewable energy sectors respectively. The client base includes public authorities, developers, regulatory entities and finance companies. In addition, the group fields experience in planning law and infrastructure law matters, with a solid track record in assisting with the planning law elements of construction projects. Paul Künnap and Piret Jesse are the practice co-heads; Triin Ploomipuu is well-versed in acting on real estate transactions.

Praxisleiter:

Paul Künnap; Piret Jesse


Weitere Kernanwälte:

Triin Ploomipuu; Andra Grünberg


Referenzen

‘Great collaboration and to the point advice from Triin Ploomipuu and Andra Grünberg.’

‘Paul Künnap is a highly intelligent and capable practitioner. He has always provided very sound and strategic advice and helped our business managed the many risks associated with our assets in Estonia.‘

‘Practical know-how and advice.’

Kernmandanten

Technopolis Holding Oyj


Respect Energy Holding


Rail Baltic


The Ministry of Climate of Estonia


Fortaco Estonia


Edel Offshore Wind OÜ


Mainor Ülemiste


The Ministry of Economic Affairs and Communications of Estonia


Sunly Group


Power2X


Energiasalv


Metsä


Kaamos Group


Salling Group


Embassy of the U.S.


Citycon Oyi


Highlight-Mandate


  • Advised Salling Group on acquiring RIMI Baltic, which operates retail chains in Latvia, Lithuania and Estonia.
  • Advising the Embassy of the U.S. in Estonia on multiple complex property acquisitions and long-term planning procedures for the development of a new embassy compound.

WALLESS

WALLESS‘ team stands out in the Estonian market for its strength in advising on the full lifecycle of real estate projects. The group routinely handles a broad range of contentious and non-contentious mandates, as well as acting on cases concerning building permits and zoning issues. Minni-Triin Park, who heads up the practice, acts as counsel to major Estonian and international investors and asset managers, often involving renewable energy and infrastructure sector matters. Angela Kasecombines meticulous attention to detail with a genuine understanding of market dynamics‘ and is very experienced in handling complex construction disputes. Piret Kergandberg is a key contact for real estate litigation, and Margus Kõiva specialises in environmental law.

Praxisleiter:

Minni-Triin Park


Weitere Kernanwälte:

Angela Kase; Margus Kõiva; Piret Kergandberg


Referenzen

‘WALLESS‘ real estate team stands apart through their comprehensive, end-to-end approach, covering everything from initial project funding and tax structuring to post-investment asset management and dispute resolution. Their deep sector expertise extends beyond traditional real estate into alternative investment fields like agricultural and forestry assets. The Baltic team’s collaborative approach across jurisdictions, combined with their ability to seamlessly handle complex cross-border transactions, consistently delivers results that exceed our expectations.’

‘The standout quality of WALLESS‘ real estate practitioners is their exceptional commercial acumen paired with technical legal excellence. Angela Kase demonstrates a rare ability to think beyond conventional structures, consistently identifying creative solutions that competitors miss. What we value most is their proactive approach – they anticipate challenges before they arise and present multiple strategic options. Associates in the Tallinn branch combine meticulous attention to detail with a genuine understanding of market dynamics. The team’s collective strength lies in their willingness to challenge conventional wisdom while maintaining absolute reliability in execution.’

‘The quality of service is the best in every possible direction.’

Kernmandanten

CA Gruppen (Rimi Baltic Group)


LIDL Estonia


Saare Wind Energy / Van Oord


Kapitel


East Capital


TKM Grupp AS


Ignitis Renewables UAB


Sirin


Estonian Centre for Defence Investments


Bonava Group


LHV Pension Funds


Magnetic MRO


Jysk


Legendhotels


Depo (Eikeland Bumani OÜ)


Capitalica Asset Management


Estonian Ministry of Regional Affairs and Agriculture


Sustainable Investments


Kentex Arendus


Harju KEK


ICA Gruppen


Highlight-Mandate


  • Advised ICA Gruppen on its €1.3 billion sale of Rimi Baltic Group to Salling Group, involving real estate assets.
  • Advised the Estonian Centre for Defence Investments on the development of Estonia’s Defence Industry Park.
  • Advised Saare Wind Energy and Van Oord on Estonia’s first offshore wind farm project near Saaremaa.

Eversheds Sutherland Ots & Co

The group at Eversheds Sutherland Ots & Co has a strong presence in the real estate sphere in Estonia, with an established track record in advising on transactional matters in the space. Additionally, the team handles lease agreements concerning prominent energy sector projects and contractual issues for clients in the construction sector. Practice head Triin Antsov brings expertise in corporate law, with experience in assisting with contractual matters and commercial agreements. Maivi Ots is a key name to note for contentious work, often appearing in disputes concerning real estate finance. Dmitri Zdobnõh is a key contact.

Praxisleiter:

Triin Antsov


Weitere Kernanwälte:

Dmitri Zdobnõh; Maivi Ots


Referenzen

‘Very good knowledge about real estate related legislation in Estonia.’

Kernmandanten

AS Tallinna Vesi


Epler & Lorenz AS


Pro Kapital Eesti AS


Agrone OÜ


Estonian Stockpiling Agency


City of Tallinn


Pharma Holding OÜ


Ignitis UAB


Cesana Grupp OÜ


Falber Mets OÜ


Kanepi Energia OÜ


Otepää municipality


Laheotsa OÜ


Karl Hedin Sagverk AB


Saareline Invest OÜ


Eesti Varude Keskus AS (Estonian Stockpiling Agency)


Tartu mnt 47 Tallinn apartment association


NJORD Law Firm

NJORD Law Firm houses a team with established strength in advising on contentious and non-contentious cases in the construction sector. Under the leadership of restructuring expert Veikko Toomere and Marko Mehilane, who specialises in construction law, the group is also regularly instructed in large-scale real estate transactions, as well as handling planning matters concerning real estate projects and lease agreements for clients looking to establish operations in Estonia. Raimo Klesment fields expertise in handling the planning law elements of real estate projects. Jelizaveta Henno left the firm in March 2025.

Praxisleiter:

Veikko Toomere; Marko Mehilane


Weitere Kernanwälte:

Raimo Klesment


Referenzen

‚The team is very responsive and collaborative.’

‘The team at NJORD’s availability was truly exceptional. Their advice was clear and thorough.’

‘Raimo Klesment excelled in their attention to detail, making sure that nothing was overlooked. They were available whenever anything needed clarification at a critical moment.’

Kernmandanten

MAXIMA Eesti OÜ


GVP Invest Estonia OÜ


Tommi Mäkinen Racing OÜ


VG Estonia OÜ (Coolbet)


Nuve Partners OÜ


Huber Manser Prime Usaldusfond


Eskaro AS


Wihuri OÜ (Estonia) and Wihuri Oy (Finland)


Maru Ehitus AS


SIA Viesnīca “Latvija”


Brazilian Embassy in Estonia


Danish Embassy in Estonia


Highlight-Mandate


  • Assisted MAXIMA Eesti OÜ with helping LIDL Eesti OÜ establish operations in Estonia.
  • Assisted Wihuri OÜ and Wihuri Oy with opening a fourth regional office in Estonia.

NOVE

NOVE's team is sought after by developers, designers, construction companies and infrastructure entities in the public sector for its expertise in real estate development matters, contractual issues, procurement-related cases and litigation. Kristjan Tamm, Marika Mugur and Heili Püümann co-head the practice. Tamm has extensive experience in construction law, and Mugur is well-versed in advising on real estate-related design issues.

Praxisleiter:

Kristjan Tamm; Marika Mugur; Heili Püümann


RASK Attorneys-at-Law

RASK Attorneys-at-Law has the capacity to advise clients across the full lifecycle of real estate and construction projects. Firm founding partner Ramon Rask and Marina Lapidus, ‘a trusted advisor in complex transactions and development projects’ with particular strength in the construction industry, are at the helm of the practice. Lapidus is also sought after for her expertise in handling leasing, construction and design contracts. The group is equally adept at assisting with real estate finance matters, often concerning commercial real estate acquisitions. The ‘solution-drivenKarl-Kristjan Kahm acts on high-value real estate transactional work.

Praxisleiter:

Ramon Rask; Marina Lapidus


Weitere Kernanwälte:

Karl-Kristjan Kahm


Referenzen

‚The presence of people like Ramon Rask provides trust and gravitas.’

‘The real estate and construction team stands out for its depth of expertise and practical approach. Marina Lapidus is a trusted advisor in complex transactions and development projects, known for her precision and commercial insight. Ramon Rask brings strategic oversight and unmatched experience in high-stakes construction disputes and contract negotiations.’

‘We find their practice unique in combining deep legal knowledge with a highly pragmatic, commercially focused approach. They ensure that advice is strategically aligned with our broader business objectives and enable smooth negotiations and execution. We would highlight specialist expertise, a solutions-oriented mindset, responsiveness, accessibility and strong cross-practice collaboration as key strengths.‘

Kernmandanten

EfTEN Kristiine OÜ


Nordecon AS


Nordlin Ehitus OÜ


MAVE Varahalduse OÜ


Nuve Retail Partners OÜ


Estonian Fund for Nature NGO / Eestimaa Looduse Fond MTÜ (ELF)


Fausto Capital AS


Evecon OÜ


Zenith Family Office OÜ


TEGOS (Formerly TGS Baltic)

TEGOS (Formerly TGS Baltic) has a strength in complex real estate, infrastructure and construction transactions, often acting for prominent construction entities and real estate developers in mandates. Construction litigation is another key area of instruction for the group. Additionally, the team has seen an uptick in instructions from clients in the renewable energy sector. Co-heading the practice is Peeter Viirsalu and Karin Marosov, 'a true real estate specialist'; other key practitioners to note include Jana Tudelep, who provides day-to-day advice on real estate matters as well as on related litigation.

Praxisleiter:

Peeter Viirsalu; Karin Marosov


Weitere Kernanwälte:

Jana Tudelep


Referenzen

‘TEGOS‘ real estate team has incredible market knowledge.‘

‘Karin Marosov is an excellent project manager, a true real estate specialist.‘

‘Karin Marosov is an outstanding lawyer. Always positive and ready to find solutions.‘

Kernmandanten

Hepsor AS


Invego OÜ


Reterra Estate OÜ


SEB Pank


Kodumaja AS


Diotech


Mapri Ehitus OÜ


Port of Tallinn


Skaala Investments (formerly Notorious)


Timbeco Woodhouse OÜ


The University of Tartu


Estiko AS


Linnakodu


Aktsiaselts Eesti Raudtee (Estonian Railways)


Ministry of Finance of the Republic of Estonia


Framm AS


LHV Varahaldus AS


Hausers


KRC Ehitus


Golden Fields


Highlight-Mandate


  • Advised SEB Pank on a strategically significant built-to-suit lease agreement for its future Baltic headquarters in the landmark Talsinki development in Tallinn.

Cuesta Law Office

At Cuesta Law Office, the team works closely with the broader dispute resolution practice to support clients with contentious matters, a core area of expertise for practice head Britta Oltjer. On the non-contentious side, the group advises on planning and construction cases, real estate project finance, lease agreements and real estate and construction contracts. Lada Riisna is well-versed in assisting international and Estonian financial institutions with financing contracts.

Praxisleiter:

Britta Oltjer


Weitere Kernanwälte:

Lada Riisna


Kernmandanten

Chemi-Pharm AS


Lindenline OÜ


ETRE OÜ


Kitsas 16 Kodu OÜ


Arens Ehitustööd OÜ


Koeru Infrateenused OÜ


Santeks Masinad OÜ


Osaühing Brix Systems


Nordis OÜ


Rapla Vald, Alu Alevik, Pargi Tn 1 Kü


Highlight-Mandate


  • Acting for Rapla Vald, Alu Alevik, Pargi Tn 1 Kü in a longrunning dispute with the builder concerning construction defects.
  • Advising Lindenline OÜ on drafting a wide range of contracts.

LEADELL Pilv

LEADELL Pilv is well-known in the Estonian legal market for its expertise in litigation. The group routinely advises on local construction disputes, as well as contractual litigation involving local government authorities. Marko Pilv is very experienced in handling the planning aspects of real estate development projects. Practice head Pirkka-Marja Poldvere has an excellent reputation for her dispute resolution expertise. Epp Lumiste is a name to note.

Praxisleiter:

Pirkka-Marja Põldvere


Weitere Kernanwälte:

Marko Pilv; Epp Lumiste


Referenzen

‘LEADELL Pilv is efficient and motivated to achieving the best outcome for their clients.’

‘Marko Pilv is compassionate, knowledgeable, and handled any issues in a timely manner.’

Kernmandanten

Farmada OÜ


Kose Rural Municipality Government


Lüganuse Rural Municipality Government


Logicon Ehitus OÜ


LM Keskus OÜ


Marina Minerals OÜ


LVM Kinnisvara OÜ


M8M Holding OÜ


Evicon Ehitus OÜ


Sulane Ehitab OÜ


Highlight-Mandate


  • Representing Sulane Ehitab OÜ in a dispute with a former subcontractor.
  • Advised Lüganuse Rural Municipality Government on a special planning process for the development of windmill parks.

Magnusson

Magnusson's team is often instructed by clients across the Nordic and Baltic regions on Estonian market entry matters. The broad client base includes real estate developers, prominent energy entities and companies in the food and beverage sector. Practice head Kaidar Sultson frequently advises on real estate-related commercial agreements, and Priit Pahapill brings expertise in handling real estate financing.

Praxisleiter:

Kaidar Sultson


Weitere Kernanwälte:

Priit Pahapill


Kernmandanten

Stalcorp OÜ


Tallinn Film Wonderland OÜ


Apartment Associations


Põhjala Brewing AS


Mootor Grupp AS


Kalla Mööbel OÜ


Optiland Eesti OÜ


Highlight-Mandate


  • Advised UAB StalCorp on contractual matters concerning the Rail Baltica railway project in Estonia.
  • Advised Tallinn Film City on a wide range of matters related to the establishment of Tallinn Film City.
  • Advising Põhjala Brewing AS on various real estate matters.

Triniti

With a strong track record in assisting leading real estate developers in Estonia, Triniti's team is well-versed in handling a broad spectrum of both contentious and non-contentious real estate and construction matters. Practice head Virge Murak is highly regarded for her dispute resolution expertise, often acting in disputes arising from real estate development projects. Ramil Pärdi is instructed by water and utility companies in work concerning the real estate aspects of renewable energy projects, and Klen Laus is active in cases involving leasing and sale agreements. The group also advises development companies on construction contracts.

Praxisleiter:

Virge Murak


Weitere Kernanwälte:

Ramil Pärdi; Klen Laus; Sandor Elias; Toomas Pugri


Kernmandanten

Utilitas Group


BILDGREN Ehitus OÜ


AS Mainor Ülemiste


Reme Grupp OÜ


Everaus Kinnisvara AS


Kroodi Vesi


Kodasema OÜ


Elektrilevi OÜ


Rail Baltic Estonia OÜ


KOKO Arhitektid OÜ


Mainor Ülemiste AS


Highlight-Mandate


  • Acting as counsel to state-owned company Rail Baltic Estonia on important spatial planning assignments related to planning and constructing the new high-speed railway.

WIDEN

WIDEN's team continues to be kept busy handling commercial, residential and industrial real estate matters. Transactional work is a core area of strength for the group, which is equally adept at advising on related agreements issues. Practice head Marge Männiko is well-versed in assisting with real estate and construction litigation, and Karoli Unus acts on transactions in both industries, with a growing focus on renewable energy work.

Praxisleiter:

Marge Männiko


Weitere Kernanwälte:

Karoli Unus


Referenzen

‚Marge Männiko has extensive knowledge and experience. What makes her different is her sharp business mindset. Her ability to assess and analyse risk has proven to be extremely useful countless times.’

‘A definite strong suit of this team is their high level capability to handle cases from the whole construction spectrum. No matter if the matter is about green energy or building factories, Widen has the skills and people to deal with it all.‘

‚Marge Männiko’s negotiation skills are exceptional. What truly sets Marge apart is her attention to detail and her ability to anticipate potential issues before they arise. Beyond her legal expertise, she brings outstanding people skills to the table, making even the most complex transactions feel manageable.‘

Kernmandanten

Arco Vara AS


Loodusspaahotell OÜ


Musti Group Nordic Oy


Baltic Oil Service OÜ


Tänavapuhastuse AS


Liven AS


Alfasan Holding B.V.


Stora Enso Eesti AS


Retori Estate OÜ


Metsnik OÜ


Allstore Assets OÜ


Harju Tarbijate Ühistu (COOP)


Highlight-Mandate


  • Advised Arco Vara AS on the acquisition of the Luther Quarter in central Tallinn.
  • Advised Musti Group Nordic Oy on its €18.2 million cross-border acquisition of Pet City OÜ and affiliates across the Baltics.