Media

Neokapital is not a public company, yet we maintain full openness and transparency in everything we do. The Media section features a selection of our most significant activities that have received public coverage.

29.07.2025

New hotel planned for Pärnu’s beachfront; tender awarded to Merko Ehitus

AS Merko Ehitus Eesti and Brackmann Arendus OÜ have signed a design-and-build contract for the construction of a new hotel, entertainment and conference centre on Pärnu’s beachfront. The contract value is approximately €50 million…
27.01.2025

Energy-saving start-up secures fresh investment

With the new funding, Gridio aims to make electricity consumption optimisation simpler for households and energy retailers alike, helping to reduce costs and support a more stable and sustainable power grid across Europe…
19.12.2024

Sale of Kristiine Centre completed

Eften ABC4 OÜ, owned by Estonian investors, has concluded an agreement with Finnish listed company Citycon Oyj to acquire Tallinn’s Kristiine Centre for approximately €129 million. This transaction ranks among the largest commercial real estate deals in Estonia…
19.11.2024

Major development planned near Tallinn as prominent entrepreneurs launch ambitious real estate project

Eften ABC4 OÜ, owned by Estonian investors, has signed an agreement with Finnish listed company Citycon Oyj to acquire the Kristiine Centre for approximately…
15.03.2024

Confirmed: Ülemiste City buyback financed with support from Linnamäe and Kirjanen’s business partners

While the financiers behind the Ülemiste City buyback remained undisclosed at the beginning of February, new information reveals that they include Anders Anderson, former major shareholder of Graanul Invest, along with partners from MM Group and the Apollo group…
15.03.2024

Fibenol to build bio-refinery in Latvia

The cooperation memorandum signed today between Fibenol and the Latvian government means that Fibenol, in which Raul Kirjanen holds a stake, will establish its industrial plant in Latvia, leaving Estonia without a 700 million euro investment…
12.02.2024

Mainor Ülemiste to acquire all Technopolis Ülemiste shares

Mainor Ülemiste has signed an agreement to purchase all shares owned by Technopolis Ülemiste, regaining sole developer status for the Ülemiste City office complex in Tallinn. The transaction will take effect following approval from the Competition Authority…
February 2024

Fibenol pilot plant to produce industrial raw material as an alternative to oil

Estonian company Fibenol has hired a scientist to develop a wood fractionation process that will allow all valuable components in wood to be efficiently utilised…
21.09.2022

A new hotel and conference centre to rise on Pärnu beach by 2026

A hotel and conference centre will be built in the coming years on two long-vacant plots in Pärnu’s beach area. The developer, who acquired the plots, plans to invest around twenty million euros, with the buildings expected to be completed by 2026 at the latest. Brackmann Arendus acquired two…
06.01.2022

Anders Anderson, who sold his pellet business, acquires Metro Plaza and two logistics centres from East Capital

In December, OÜ Neoinvesteeringud, the holding company of Anders Anderson, former major shareholder of Graanul Invest, signed a sales agreement with East Capital Baltic Property Fund II under which Neoinvesteeringud will acquire Tänassilma…
12.01.2022

Major end-of-year transaction in 2021 on the Baltic real estate market – East Capital Real Estate has signed an agreement for the sale of three properties

In December 2021, East Capital Real Estate signed an agreement for the sale of three properties located in Tallinn, Estonia and the surrounding area…
15.10.2021

Apollo Funds Acquired Majority Stake in AS Graanul Invest

In August, funds managed by affiliates of one of the world’s largest alternative investment managers, Apollo Global Management Inc., acquired an 80% stake in AS Graanul Invest. The transaction was approved by the European Competition Authority at the end of…
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