18/12/2025
F12 Project. Development site in central Tallinn
In 2030, Rail Baltica will connect Tallinn with Riga, Vilnius, Warsaw and further into Europe. The Tallinn station is being designed by Zaha Hadid Architects.
One kilometre from the future terminal, we found a unique plot. Intersection of the main highways Tartu mnt and Peterburi tee. 50,000+ cars daily. Nearby: shopping centres Ülemiste, T1, Sikupilli. 5 minutes to the airport.
Detailed plan approved, ready to develop immediately. 12 floors + 2 underground, 23,040 m². Format: 75% Class A+ offices, 25% residential. Potential: €78M net profit in 3-4 years.
Estonia: zero tax on reinvested profits, shortage of quality office space.
Looking for a partner.
What do you think, how much does a site like this cost: €10M, €20M or €30M?