Real Estate and Commercial Property

Tark & Co has a large market share in providing legal advice in real estate matters especially in the commercial property sector in Estonia. Usually we work for developers, banks and construction companies. We also provide services for infrastructure companies, architects, landlords, tenants and private parties in high-end real estate acquisitions. We help our clients with real estate acquisitions, mortgaging, division and encumbrance with other real property rights and provide assistance in the drafting of lease agreements, construction agreements and security documents. We also advise clients on a regular basis about zoning rights and construction permits as well as about other relations with authorities. Our experience in real estate due diligence is exceptional in Estonia.

We have worked and continue to work with the most significant property developments in the capital city of Estonia, Tallinn. SAS Radisson and Viru Keskus are the most prominent examples. Our real estate lawyers make use of the firm's tax, environmental, corporate, and litigation know how and deliver the highest level advice with the goal of achieving the most efficient solutions for our clients. In a situation where most of the real estate related agreements need to be notarised, Tark & Co has excellent co-operation with leading notaries in Estonia.

In its real estate and construction section, the European Legal 500 mentions:

"Tark & Co’s ‘ Risto Vahimets has been advising us for years and is a trusted partner to turn to with any legal matters.’"
"Tark & Co completes our top tier; it has a substantial team and a proven track record of top-end instructions";
"Tark & Co's "very high level of professional flexibility" receives praise from clients".

Chambers:

"Tark & Co's M&A department houses the firm's real estate expertise, with a five-lawyer team particularly focused on such matters. Following the recent market shift, the team's work has moved from a transactional and investor focus to handling refinancing for local developers and banks and advising real estate funds in search of distressed assets."
"Clients also express satisfaction with the firm's pricing: "It's definitely value for money and if some work can't be calculated by the hour the lawyers will negotiate with you." Head of M&A Risto Vahimets is hailed by clients for knowing real estate business practices inside-out. One client said: "We can discuss everything in full confidence with him - he'll really listen and then give usable advice on commercial, cultural or legal issues.""
"Clients value this firm's "extremely professional approach to business"";
"Clients like Risto Vahimets'' "direct contact" and the fact that "he does not get stuck in unnecessary details so transactions are much easier to do." He is a visible figure in the real estate market because "he keeps busy," say peers."

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