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