TARK advised on the sale of Flora’s office building


TARK advised on the sale of the office building of Flora in Tallinn at Tulika street. This building has a long and distinguished history; it has accommodated a great number of successful small and medium-sized businesses. The gross leasable area of the building is 4,400 square metres, and the new owners are Lumi Capital and Estonian private investors. The parties have agreed not to disclose the cost of the deal. AS Flora will continue the management of Flora Kaubanduse and other properties owned by Flora.