Magnusson advised Akzo Nobel Baltics AS on the sale of a commercial property in Tallinn

Akzo Nobel, a pioneering paints company committed to sustainability and innovation, sold a commercial property in Tallinn city center to Kawe Group, an experienced developer dedicated to long-term commercial real estate investments.

Magnusson advised Akzo Nobel Baltics AS throughout the sales process of a 1521 square meter commercial property in Tallinn central district Kadriorg from preparatory stages to a successful closing of the transaction. We assisted with preparing the property for the sale, leading negotiations with the buyer, preparing the sale transaction and drafting all necessary documentation for the lease of the property.

Magnusson team was led by senior counsel Toomas Mälberg with the assistance of junior associate Ksenia Korolkova.

The transaction was completed in August 2022.

The value and terms of the transaction are confidential.

 

 

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