Estonia's largest investment company, Infortar, relocated its group's subsidiary companies to a newly constructed office building in the heart of Tallinn on Liivalaia street.
"Infortar has grown into one of Estonia's largest companies, and a large organization requires proper infrastructure and modern working conditions. Our group includes over a hundred subsidiaries and affiliated companies, and not all of them fit into the new building," noted Infortar's CEO Martti Talgre.
"Real estate is our third important field alongside energy and shipping. The Liivalaia office building is our own group's development and construction project. We have become one of the largest property owners in Estonia by asset volume," added Talgre.
Infortar's subsidiary and affiliated companies, including the building contractor INF Ehitus, are moving to the office building at Liivalaia 9. The region's largest private equity energy company, Eesti Gaas, will have its headquarters on four floors of the building. Eesti Gaas has been located at the same address for several decades, even before the old building was demolished and replaced.
The nine-story office building, designed by Allianss Arhitektid, has a closed gross floor area of 7500m2. The building, equipped with energy-efficient and modern climate control systems, has a facade covered with anodized aluminum and additional sunshades provided by perforated aluminum slats. In the lobby facing Liivalaia Street, there is a metal sculpture titled "Fraktal," created by Heigo Jelle and illuminated at night by Alyona Movko-Mägi's videomapping.