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NAI Baltics strengthens its coverage in Estonia with signing of Cooperation/Agency agreement

NAI Baltics & ERI Kinnisvara logo

PRESS RELEASE, 27.10.2008

NAI Baltics strengthens its coverage in Estonia.


   NAI Baltics, the member firm of NAI GLOBAL , world’s premier network of commercial real estate firms and one of the largest real estate services providers worldwide, announced today that it has strengthtened its coverage in Estonia with signing of Cooperation/Agency agreement with two leading brokers of  ERI Kinnisvara (ERI Realtors).

According to Agreement Mr. Hannes Pihl and Mr. Rein Ruusmann are appointed as affiliated Agents of NAI Baltics in Estonia.

 „The „ERI Kinnisvara” team of professionals offer over 15 years of experience in commercial real estate services,” stated Valdis Ligers, NAI Baltics Principal and Director of the Baltics Operations. “Their extensive local knowledge will be of great value to our many international corporate and investor clients with interests in the Baltics region.” 

 „In the economic situation with commercial property clients' needs growing day by day, the only functioning business idea is to involve international know-how and power of network. Just as it once happened to banks, there is a moment when one has to involve new partners,“ says Hannes Pihl, Chairman of the Board of ERI Kinnisvara, and adds that “in the tightening competition, operating as Agent of NAI Baltics will enable us to serve better and offer new opportunities to our local clients.”

  NAI Baltics is a full-service commercial real estate advisory firm with its Baltics headquarter based in Riga, Latvia, established to serve Latvia, Estonia and Lithuania. The firm’s professionals have experience in all aspects of commercial real estate, including office, industrial, retail, hotels and land. The company’s service offerings include investment advisory, brokerage services, seller and tenant representation, sales and leaseback transactions, corporate services, retail and other commercial concept development, implementation of asset optimization programs, facility management, property evaluation and appraisal, property management, focused market research. NAI Baltics joined NAI GLOBAL network in 2007.

Source: NAI Baltics

Prepared and Issued by NAI BALTICS/ Published to the Site www.naibaltics.com by  NAI Baltics – commercial real estate services in the Latvia, Lithuania, Estonia. Your trustworthy partner, advisor and consultant in the Baltics and Worldwide. http://www.naibaltics.com


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Commercial Real Estate

"Avers Centrs Ltd with NAI Baltics as broker and investment acquisition consultant recently carried out a sale - leaseback transaction of its newly-built logistics warehouse complex in Riga, Latvia. We are very pleased with the transaction and NAI Baltics role in managing the transaction process, in particular considering current fluctuating market circumstances. NAI Baltics management of the process, from start to finish, was excellent, starting from the offering memorandum, to their management of the property tours, buyer selection process, due diligence and close. The entire team was extremely professional and knowledgeable. All during the complicated and lengthy transaction, their attentiveness, attention to details, clear and timely communication, the negotiating and mediation skills, and problem-solving abilities were notably worthwhile in completing a transaction. We are looking forward to working with NAI Baltics team again, and highly recommend them in the event you are considering utilizing their services."
Mihails Litevskis ( Михаил Литевский )
Member of the Board
Avers Centrs Ltd.

Commercial Real Estate

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