NEWS

Triple Net Capital develops a new residential cluster with 120 apartments in Peetri

Triple Net Capital (through its development vehicle Sinilille Kodu OÜ) has started a development of new residential cluster in a popular Peetri borough, the fastest growing and most in-demand suburb of Tallinn. Being 10-minute drive from the centre of Tallinn, Peetri has doubled its population in past five years and continues to show the fastest growth to date.

Uus-Peetri cluster includes six 20-apartment residential buildings with two to four bedrooms in each unit. All second story apartments have balconies while ground floor apartments have private terraces.

The layout of the houses ensures that all of the buildings will have enough space and sunlight. The surroundings will be landscaped and feature cycling and pedestrian traks, green areas and a playground for children. The area also provides ample parking space for cars.

For more information, please visit us at: uuspeetri.ee

References


Tammsaare tee 118C

Tallinn, Estonia

Triple Net Capital´s subsidiary Faramir Invest acquired from Ergo Insurance SE office building situated at Tammsaare tee 118C, few minutes drive from the city center. Almost 2,000 m2 building is designed by architect Tõnis Tarbe and was built in 2007. In August 2017, after renovation, the building was rented to Estonian Defence Resources Agency. 


Triple Net Capital led the sales process and financing and remains the owner of the house.

Ülikooli 6A

Tartu, Estonia
Triple Net capital’s subsidiary Danfor OÜ and Eften Capital signed an agreement whereby Danfor OÜ acquired a landmark office building in Tartu. Located in the very heart of the city, the building is one of the most desirable office locations in Tartu and has prestigious anchor tenants, such as Danske Bank and Fortumo.

Triple Net Capital was responsible for the deal structuring and financing, it also continues to hold the investment in its own investment portfolio.

Hilton Tallinn Park

Tallinn, Estonia
Triple Net Capital advised Olympic Entertainment Group in a transaction in which OEG divested from a newly opened Hilton Tallinn Park hotel building. The buyer of the building was East Capital, OEG booked a net profit of ca 17 million euros in a 48 million transaction. This marks the largest deal in Estonian property sector in 2016 and the landmark Hilton hotel is the first in the Baltics with 202 rooms.

Triple Net Capital was the exclusive advisor for the transaction, responsible for structuring and sales process of the deal.

Uus-Peetri

Peetri, Estonia
Triple Net Capital secured a land in Peetri borough for its upcoming real estate project to develop a total of 10 000 m2 of apartment space. The first two buildings are schedulled to be completed already in 2017. Being just a 10 minute drive away from the centre of Tallinn, Peetri is an increasingly popular residential area for families.

TEAM

Heiti Riisberg

MANAGING PARTNER
More than 10 years of experience as the Head of Asset Management in Trigon Capital, responsible for over 500 million euros in assets, including equities, pension funds and real estate. Has held various chairman and CEO positions, including Skano Group and Martinson Trigon Venture Partners, has held the audit team leader position in PricewaterhouseCoopers. Heiti has a finance degree from Stockholm School of Economics in Riga (SSE Riga).

Andres Urb

HEAD OF INVESTOR RELATIONS, PARTNER
More than 10 years of experience in leading positions at LHV Asset Management, East Capital, Mandatum Life and Trigon Capital. Managed HNWI and institutional portfolios and was responsible of structuring different investment and private equity products. Has studied in Estonian Business School and Tallinn Technical University. Currently acquiring an Executive MBA degree from INSEAD.

Ott Kerge

DIRECTOR OF INVESTOR RELATIONS
Holds investor relations experience from Trigon Capital and Mandatum Life, being mostly responsible for managing private client portfolios and asset allocation. Holds a business degree from Tallinn Technical University.

Maarja-Liisa Priido

PROJECT MANAGER
With experience in coordinating various projects, she assists the team of Triple Net Capital in marketing and day-today operations. Maarja-Liisa holds a degree from Estonian School of Hotel and Tourism Management.