Subsidiary of EfTEN Real Estate Fund AS acquired the ELP Logistics OÜ logistics center

Barchart · 10/18 00:00

On 17.10.2024, EfTEN Härgmäe OÜ finalized the transaction by which the company acquired the properties located at Härgmäe Str. 8 and Piimamehe Str. 7 in Tallinn from the Conus Assets OÜ.
Previously (20.09.2024), the fund has notified the stock exchange of the conclusion of a contract of sale under the law of obligations. All the agreed preconditions for the transfer of ownership and the conclusion of a real right contract have been met.
The properties will be used by the logistics company ELP Logistics OÜ under a long-term lease (10+5 years).

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