The Ministry of Defense has found a new buyer for an office building it had long been trying to divest itself of.
The property, at Narva maantee 8 in Tallinn, has in the past housed the Defense Resources Agency (KRA) and the Estonian Defense Forces’ reserve officers’ association (Reservohvitseride kogu).
The buyer has been announced as Siamco Invest, though the company says its future plans for the building have not yet been finalized.
The plan to sell the property was initiated in January last year after having long been vacant and surplus to ministry requirements.
However, an initial auction, held last summer, failed due to low interest, and a second attempt earlier this year also failed to find a buyer.
Read more: ERR.EE
