Liven AS acquires three downtown Tallinn development sites via its subsidiary Liven Kodu 25 OÜ
Executive summary: Liven Kodu 25 OÜ entered into a notarised agreement to acquire three development plots in Tallinn city centre. The acquisition expands Liven’s land bank in a prime urban location, potentially supporting future residential or commercial development and reinforcing its presence in the Baltics.
Who is involved: Liven AS (parent), its subsidiary Liven Kodu 25 OÜ, and the sellers of the properties at Pärnu maantee 35, 37 and 41 in Tallinn.
Likely next: The parties will complete the legal transfer and register the properties with the Estonian Land Board, after which development planning can proceed.
Liven AS’s wholly owned subsidiary Liven Kodu 25 OÜ has signed a notarised agreement to purchase development properties at Pärnu maantee 35, 37 and 41 in Tallinn’s city centre. The transaction adds land parcels suitable for residential or mixed‑use projects to the group’s Estonian portfolio. No financial terms or closing date were disclosed in the release.
Timeline
- — Liven AS – Acquisition of development properties in Tallinn city centre (GlobeNewswire)
Analysis — what this means
Sectors affected
- Tallinn city centre real estate development
Key entities
Sources
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