SEB Secures New Baltic Headquarters in Tallinn with TGS Baltic's Aid

Deal News | May 07, 2025 | CEE Legal Matters

SEB Secures New Baltic Headquarters in Tallinn with TGS Baltic's Aid

SEB Bank is set to establish its new Baltic headquarters in Tallinn, within a mixed-use development known as the Talsinki quarter, which is being created by Urmas Soorumaa. This development, strategically positioned between the Rotermann Quarter and the Port of Tallinn, will become SEB's flagship office with a planned relocation in the latter half of 2028. Legal assistance for the lease agreement was provided by TGS Baltic, a prominent legal firm. The TGS Baltic team involved in this advisory service for SEB included Partners Peeter Viirsalu, Kirsti Pent, Triinu Jarviste, and Associate Artur Piisang. This move underscores SEB's continued investment in the Baltic region, aligning with strategic growth and positioning plans.

Sectors

  • Real Estate Development
  • Legal Advisory
  • Financial Services

Geography

  • Estonia – The new SEB headquarters is located in Tallinn, Estonia, signifying its significance to the Estonian market and regional economic development.
  • Baltic States – SEB's new headquarters will serve the Baltic region, showcasing a regional focus in its operations and strategy.

Industry

  • Real Estate Development – The article discusses the lease of a new headquarters in a mixed-use real estate development, the Talsinki quarter.
  • Legal Advisory – TGS Baltic provided legal services for SEB's lease agreement, highlighting their role in legal advisory within real estate and corporate transactions.
  • Financial Services – SEB, a banking and financial services company, is at the center of the headquarters relocation, emphasizing its strategic business operations in the financial sector.

Financials

    Participants

    NameRoleTypeDescription
    SEBTargetCompanyA leading banking and financial services group in Northern Europe looking to establish a flagship office in the Baltic region.
    TGS BalticLegal AdvisorCompanyA leading law firm that provided legal support for SEB’s new headquarters lease transaction.
    Urmas SoorumaaDeveloperPersonDeveloper behind the Talsinki quarter where SEB will be leasing office space.
    Peeter ViirsaluLegal AdvisorPersonPartner at TGS Baltic advising on the lease transaction.
    Kirsti PentLegal AdvisorPersonPartner at TGS Baltic advising on the lease transaction.
    Triinu JarvisteLegal AdvisorPersonPartner at TGS Baltic advising on the lease transaction.
    Artur PiisangLegal AdvisorPersonAssociate at TGS Baltic advising on the lease transaction.