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TEGOS advised LHV Pension Funds on the acquisition of the first office building in Estonia designed according to the Green Building concept

TEGOS (formerly TGS Baltic) experts advised LHV Varahaldus AS which manages LHV Pension Funds on acquiring the registered immovable located at Sõpruse pst 157, Tallinn, Estonia.

Varahalduse Kinnisvarainvesteering 004 OÜ, which belongs to LHV Varahaldus AS, entered into a contract with OÜ Sõpruse 157 to acquire the registered immovable located at Sõpruse pst 157. The owner of Varahalduse Kinnisvarainvesteering 004 OÜ is LHV Group, which is listed on the Tallinn Stock Exchange, through LHV Varahaldus.

Sõpruse 157 has been designed according to the Green Building concept, which is focused on the effective use of resources. The environmentally friendly solutions of the building increase the efficiency of energy, water and material use while reducing the impact of the building on the natural environment. The office building has 2,500 m2 of rental space and its anchor tenant is the international IT company Proekspert.

In addition to shares and bonds, LHV Varahaldus and the pension funds it manages invest in alternative asset classes, such as real estate, having made several direct real estate investments to date.

TEGOS experts Sander Kärson, Triinu Järviste, Mari-Liis Orav, Sergei Jegorov, Eva Arumets, Merli Mäesalu, and Mari Anne Valberg advised the client on conducting a legal audit, preparing and negotiating transaction documents, and carrying out merger clearance proceedings.

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