Colliers International Baltic team has advised one of the largest logistics groups in the world – DSV in its latest sale of the logistics centres in Tallinn, Riga and Vilnius. In total, EfTEN acquired ca 33 000 sqm of office and logistic space in all three Baltic countries. Facilities in Riga will be expanded in the future, anticipating an additional 4 300 sqm of construction. For the next 10 years, DSV will continue to lease sold properties from the new owner EfTEN Real Estate Fund III AS. The transaction price is confidential according to the contract.

Colliers Estonian team was led by partner Margus Tinno, Latvian team - by senior consultant Angela Kolesnikova and Lithuanian team - by director Ramune Askiniene.