RASK consults commercial property manager DT Grupp

Case

RASK consulted one of Estonia's largest commercial property management and maintenance companies, DT Grupp, through the process of being acquired by USS Haldus. RASK represented the sellers, including the major shareholder Capital Mill, both during the pre-contract negotiations and in concluding the contract of sales.

DT Grupp OÜ is a private limited company specialising in the management and maintenance of commercial real estate. In 2018, it reported a turnover of 7.3 million euros and employed around 120 people. The acquisition was subject to approval by the Estonian Competition Authority.

USS Haldus OÜ is part of USS Grupp OÜ, an Estonian service sector leader that brings together various subsidiary companies. USS Haldus is engaged with commercial real estate and residential property, providing cleaning, technical maintenance and management services.

Capital Mill OÜ is a private limited company that organises investments in commercial property located in the Baltic states. Its mission is to increase investment value through high-quality property management. The founders and partners are a team with extensive real estate and banking experience.