Estonia, Legislation, Markets and Companies, Real Estate

International Internet Magazine. Baltic States news & analytics Saturday, 19.10.2024, 21:29

Cinema Kosmos building in Tallinn sold for 770,000 euros

Juhan Tere, BC, Tallinn, 31.01.2012.Print version
Iron Capital OÜ has acquired the cinema Kosmos building in central Tallinn, reports news service BBN referring to Äripäev.

The company bid 770,000 euros for the building that is under architectural heritage protection and was the only bidder of the auction held by the City of Tallinn, writes LETA.

The building is located on almost 6,000 square meters of land and has a valid rent agreement with a cinema operator.

Iron capital belongs to citizens of Russia Evgeni Muljukov and Olga Revjakina.

In an interesting twist, the two shareholders of Iron Capital received residential permits as part of the scheme masterminded by prominent IRL members Indrek Raudne and Nikolai Stelmach.

The company has 1.3 million euros in share capital, is registered to Kooli 1/3, an address that belonged to Stelmach and was set up last autumn.






Search site