Lords LB Asset Management purchases Metro Plaza office building in Tallinn (EE)

Lords LB Asset Management has purchased 100% of the shares in 'Focus Kinnisvara OSA', which is the owner of the 10,500-m² Metro Plaza office building in Tallinn, Estonia.

The Metro Plaza was built in 2009 and is located in the very center of Tallinn, just a few steps from the old town as well as the commercial district. This top quality interior class-A office building has a 7,400 m² of leasable area and key tenants including Trigon Capital, Regus, Mandatum Life Insurance Baltic SE and HansaWorld Estonia AS.

Lords LB Asset Management currently manages two funds – Lords LB Baltic Fund I, which invests into cash-flow generating office buildings and hypermarkets in the Baltic capitals and Lords LB Opportunity Fund I, focused on Vilnius residential real estate development.

Source: Lords LB Asset Management

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