Department profile
COBALT

Real Estate

Europe Guide 2026 : Estonia

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COBALT

Rankings

About

Provided by COBALT

Key Highlights of COBALT Estonia's Real Estate Practice Group:

  • Market-leading presence in high-profile and landmark real estate transactions
  • Deep expertise in large-scale property development projects
  • Dedicated, highly experienced team focused exclusively on real estate matters
  • Strong capabilities in the increasingly active and strategic energy projects sector

Our Real Estate Practice Group is widely recognized for its outstanding track record in real estate transactions, spanning the sale and acquisition of commercial, industrial, logistics, and other property types, as well as complex development projects.

Recent work highlights:

  • Advising Partners Group, acting on behalf of its clients, in the sale of Solaris Center to the Piilmann family’s investment company, P&E Capital.
  • Advised Sõbra Ärikeskus on completing the sale of four retail properties across Estonia.
  • Advised Conus Assets signing a contract with EfTEN Härgmäe OÜ, a subsidiary of EfTEN Real Estate Fund AS, for the sale of properties located at Härgmäe 8 and Piimamehe 7 in Tallinn, where a newly constructed logistics and business center of ELP Logistics OÜ is located.

Chambers Review

Provided by Chambers

Real Estate - Estonia

Band 1

What the Team is Known For
COBALT's market-leading practice offers particular strength in structuring, financing and due diligence for high-value real estate transactions. The team regularly acts for leading developers and investors, including sizeable investment funds, and has additional expertise in relation to energy infrastructure. The department also advises on development projects.
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Strengths

Provided by Chambers

  • COBALT is the partner to go to when the stakes are high and you need precision in details.

    Real Estate respondentEurope

  • COBALT's team has a deep knowledge of the local market, and it is attentive and responsive.

    Real Estate respondentEurope

Notable Practitioners

Provided by Chambers

  • Aivar Taro
    Aivar Taro

    Aivar Taro

    Aivar Taro is highly regarded for his work on real estate transactions, advising on both acquisitions and sale-and-leasebacks, as well as on leasing agreements. He is also notably active in development projects, particularly in the energy sector.

    • Aivar Taro has very strong analytical skills and is detailed in the specifics, whilst at the same time having very strong commercial and representative skills.

      Real Estate respondentEurope

    • Aivar has very good expertise in negotiating and how to hold hard conversations.

      Real Estate respondentEurope
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Ranked Individuals at COBALT (1)

Estonia

Members

Provided by COBALT

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