Estonian businessman Olav Miil, known as the owner of the ferries that operate between mainland Estonia, Saaremaa and Hiiumaa, has built up an extensive real estate empire and is developing a 30-storey high-rise building in Tallinn, writes Eesti Päevaleht.
Tallinn
© Shutterstock nuotr.

In 2013, Äripäev estimated that Miil’s business assets were worth 38.6 million euros.

Miil owns Taali Grupp which has property investments in different parts of Estonia and is developing a high-rise office building in Maakri district in central Tallinn.

Located between Swissotel, Radisson Blu and Postimees building, the foundation works on the 5,200-square-metre property have already started.

According to Mill, the building will only house offices, but no apartments.

“We are not yet signing lease contracts because we don’t know exactly when it will be completed,” said Miil.

Experts divided on how many people live in poverty

Lithuania's poverty indicators remain among the highest in the European Union, with one in five...

American tanks arrive in Lithuania (1)

The heavy equipment of the US battalion to be stationed in Lithuania for six months has arrived in the...

Record temperatures reported on weekend

Record temperatures were reported on Sunday in many areas in Lithuania. Residents of Kybartai,...

Last partisan Kraujelis-Siaubunas to be buried at Antakalnis Cemetery

The remains of Antanas Kraujelis-Siaubunas , Lithuania's last partisan who died with a gun in his...

Almost a third of Lithuanians at risk of poverty

Some 28.3 percent of the Lithuanian population were at risk of povert y or social exclusion in...