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Omniva sells Pallasti Street headquarters and property

The Omniva Group is selling the registered immovables on Pallasti Street, as well as the head office of the enterprise and the buildings of the logistics centre located there.

Trade volumes are rapidly increasing due to the growing e-commerce sector. To service those volumes, Omniva will be moving its logistics centre to a new building in Rae rural municipality by the end of 2018. Arising from the aforementioned, the enterprise has begun the transfer of the highly potential building complex in the heart of Tallinn, as it is no longer sufficient for their needs. It is thus organising a written auction for the sale of the registered immovables on Pallasti Street.

According to Ansi Arumeel, member of the Executive Board of Omniva, establishing the modern logistics centre in a logistically better location and selling the former immovables is the natural course of things. “In recent years, the logistics area has advanced rapidly. In order to remain competitive on the market, we too have to develop both our work processes and infrastructure,” said Arumeel.

The registered immovables with a gross area of nearly 30,000 square meters will be auctioned with the starting price of 6.3 million euros.

The registered immovables will be sold on the condition that after the transfer, Omniva will be able to rent the immovables at least until the end of 2018 with the option of extending the lease contract for up to 2 years.

In addition to the head office located on the Pallasti 28, Pallasti 28a, and Pallasti 28b registered immovables, there are 5 more buildings located there, including storage facilities, office spaces, and garages. The total surface area of the registered immovables is nearly 30,000 square meters.

Tenders can be sent to the logistics company until 10 a.m. on 23 February.

More information about the conditions of the auction and about the buildings is available on the website omniva.ee/pallasti or via the e-mail address kalle.kasekamp@omniva.ee.



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Pallasti 28, 10001 Tallinn, e-mail: info@omniva.ee Customer information: 661 6616