Real estate and construction

Cobalt

Aivar Taro leads the ‘committed, competent and solution-oriented’ team at Cobalt, whose ‘wide range of competencies’ includes high-profile real estate transactions in Estonia. As part of these transactions, the group often works on due diligence and document preparation. On the contentious side, there are also experienced litigators in the group, such as Liina Linsi, who often represents international construction companies in disputes. The team has been increasingly focused on real estate matters in the energy sector, a trend of the wider market in Estonia in recent years.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The team was very skilled and had broad knowledge outside of the scope from the field. Gave me the impression that I could trust that they are a specialist in their field, and they had good communication skills in order to explain complicated matters in detail.’
‘Aivar Taro handled the engagement well.'
‘Wide range of competencies, easy to work with and lawyers bring in assistance from other team members when necessary. Quick answers and cross-border support. Deadlines kept, especially under time pressure.’
‘Committed, competent and solution oriented.’

Key clients

Aquila Capital
LHV Varahaldus
Nordic Real Estate Partners (NREP)
Galio Group
Porto Franco
Corum Asset Management
Baltic Horizon Fund
Northern Horizon Capital
Consolis/E-Betoonelement
Satnam/Capfield
Graanul Invest
BPT Real Estate
Workland
Pro Kapital Grupp
Pirita Tee Development
Baltek Arendus
OMA Ehitaja
Viru Keemia Grupp
Kapitel AS
Jysk Linnen`n Furniture OÜ
Enery Österreich GmbH
Tallinn City
OX2
Vestas
European Energy
Aberdeen Standard Investments
Outotec
Eurowind Energy
Pakrineeme Sadam
Ministry of Finance

Work highlights

Advised Pakrineeme Sadama on selling its LNG loading quay in Paldiski, as well as the related infrastructure and port property to Estonian Stockpiling Agency.
Advised Neo Performance Materials on the development of a magnet manufacturing plant in Estonia, including the acquisition of land, EPC contract, power purchase agreement etc.
Advised Tallinn City on renegotiating with BCA Center PPP contracts for the lease of five school buildings in Tallinn.

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