Comment

Tartu "Kapitalimaja" hosts reputable insurance and real estate business offices

Landmark in Tartu's business real estate market - „Kapitalimaja“ - hosts reputable businesses from IT, banking and as from beginning of 2018, insurance and real estate. In addition to earlier tenants Danske Bank A/S and Fortumo OÜ, the „Kapitalimaja“ now houses the offices for IF P&C Insurance AS and LVM Kinnisvara.

Triple Net Capital's subsidiary Danfor OÜ acquired "Kapitalimaja" from EfTEN Capital in the beginning of 2016. Triple Net Capital's managing partner Heiti Riisberg refers to office building as one of the most attractive business real estate objects in Tartu. "With its strong and stabile tenants and strategic location the "Kapitalimaja" offers attractive return on capital, even if the economic situation is unstable and deposit and bond yields are approaching zero,"