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.

Prosecutors want exchanged Russian spy's accomplices tried in absentia

A criminal case in which charges were brought against two suspected accomplices of Nikolai...

Nauseda: Lithuania needs to spend 14 billion EUR on climate change over 10 years

Lithuania will need to spend 14 billion euros over ten years to meet its climate change commitments,...

Application to register "For the Fatherland" submitted in Prime Minister's name

Lithuania's brand database officially states that an application to register a brand " For the...

Parliament lowers election threshold to 3 percent

The Lithuanian Seimas on Tuesday lowered the parliamentary election threshold to 3 percent for...

Cuban dissident calls on Lithuania to block EU-Cuba deal

Cuban dissident Guillermo Farinas , on a visit to Vilnius, has called on Lithuania to block the...