TGS Baltic advised Møller Eiendom on the sale of car sales centers

14.03.2022 TGS Baltic advised Møller Eiendom on the sale of car sales centers

We advised the client Møller Eiendom on the transfer of their various registered immovables located in Estonia, incl. car dealerships located in Tallinn, Pärnu, and Jõhvi, to an investor represented by Lumi Capital. The case involved voluminous transactions which are among the TOP 10 real estate transactions of 2021.

Møller Eiendom is a Norwegian company that administers real estate in Scandinavia and the Baltics and rents it out mostly to Møller car dealerships belonging to the same group. Møller sells vehicles of the Volkswagen Group, including Volkswagen, Audi, Škoda, and SEAT.

TGS Baltic experts Sander Kärson, Merli Mäesalu, and Eva Arumets advised the client on the entire transaction, from preparing the transaction documents and assisting the client in negotiations to conducting audits.