Real Estate & Environment

Ellex Raidla has long years of experience in the field of Real Estate & Environment and covers all aspects of infrastructure, commercial real estate and construction projects. Our environmental law practice is recognized as one of the best in Estonia. We advise both private and public sector clients on the planning and environmental aspects of a broad range of projects. Our experts have been actively involved in legislative drafting and are experienced in implementing EU law in the field.
Key projects in the field

  • Property Reform Act
  • Privatization Act
  • Land Reform Act
  • Law of Obligations Act
  • Law of Property Act
  • Law of the General Part of the Civil Code
  • Inheritance Act
  • Waste Act
  • Package Act
  • Environmental Code

Key contacts

Martin Käerdi

Partner

Head of Commercial & Compliance Law and Employment practice group
+ 372 640 7170
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Martin Triipan

Partner

Head of Environment, Planning and Administrative Law practice group
+ 372 640 7170
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Jüri Raidla

Senior Partner

+372 640 7170
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Risto Vahimets

Partner

+372 640 7170
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Ermo Kosk

Partner

+372 640 7170
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Jaanus Ikla

Counsel

+ 372 640 7170
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Triin Frosch

Counsel

+ 372 640 7170
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Rauno Klemm

Senior Associate

+ 372 640 7170
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Rutt Värk

Senior Associate

+372 640 7170
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Kaisa Laidvee

Associate

+ 372 640 7170
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Kristel Urke

Associate

+372 640 7170
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Karin Tartu

Associate

+ 372 640 7170
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Liisbeth Lillo

Associate

+372 640 7170
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Key projects in the field

We are advising Lumi Capital and LHV pension funds on the acquisition of rental buildings
Lumi Capital, together with LHV pension funds, have concluded an agreement with Bonava, as a result of which two new rental buildings with all conveniences will be established in the future residential district of Uus-Mustamäe, on the outskirts of Mustamäe. The rental buildings will be completed in the second half of 2021.
 
The rental buildings to be built in the Uus-Mustamäe residential district will feature 84 one-, two- and three-room apartments. The rental buildings form a part of the comprehensive living environment developed by Bonava, in which 750 new homes will be completed over the next 5-7 years.
 
“Lumi Capital will continue looking for investments all over Tallinn, to create brand new rental apartments, for which there is a great demand. In cooperation with LHV pension funds we plan to increase the portfolio of rental houses to 500 apartments,” commented Martin Rekor, partner at Lumi Capital.
 
The transaction is the second investment in rental buildings in the cooperation of Lumi Capital and LHV Pension Funds. The first investment was the Lumi Kodud rental buildings, with 127 apartments, acquired in the Manufacture district, which will be completed next spring.
 
Ellex Raidla’s Partner Ermo Kosk, Senior Associate Sandra Värk and Associate Marilin Laud are advising Lumi Capital and LHV pension funds with establishing the legal structure of the transaction, conducting the legal due diligence and drafting and negotiating transaction documents. Ellex Raidla’s team previously assisted with the legal aspects in the Manufacture district rental buildings project.
 
We Assisted in Signing the Biggest Lease Deal in 2018
The law firm Ellex Valiunas was a mediator in SEB’s transaction with UAB Technopolis concerning leased space in the new office building Nova. The SEB Group service centre will occupy 26.740 sq. m. of the leased space in the business centre. The new office building Nova will be built near the Vichy aqua park and Siemens arena. It is planned to open in 2020.
 
Ellex Valiunas team was led by partner Paulius Gruodis and associate Mantas Juška, other lawyers involved: associate partner Dovilė Skestenienė, junior associate Arvydas Grušeckas and others.
 
 
We advised the Environmental Board in a court dispute regarding the damming of a Natura 2000 water body
The Ellex Raidla team successfully represented the Environmental Board in a court dispute where a company challenged the activity of the Environmental Board regarding their refusal to grant a permit for the special use of water for the damming of a water body. The Supreme Court agreed with the Environmental Board in the part that the refusal to grant an environmental permit does not always require conducting a separate procedure for assessing environmental impact. In the Supreme Court judgment made in the matter, the highest court also provided guidelines on how to interpret requirements under legal acts regarding the assessment of environmental impact and the damming of a water body that belongs in the Natura 2000 network of protected areas.

The Environmental Board was represented by Partner Martin Triipan and Associate Kristel Urke