Kastani Kolmnurk

Name

Kastani Kolmnurk

Legal name

Kastani Kolmnurk

Website

https://kastanikolmnurk.ee

Company type

Private

Founded year

2022

Operating status

Operating

Ownership category

akta.pro rank

Product category

Commercial Real Estate

NAICS

Rooming and Boarding Houses, Dormitories, and Workers' Camps (7213), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro industry

PRIMARYTHAMAFAB

Furnished Monthly Apartments (Urban/Residential)

Travel & Hospitality/Vacation Rentals & Short-Term Stays/Extended-Stay & Monthly Short-Term Housing

SECONDARYTHAGAEAJ

Luxury Serviced Residences

Travel & Hospitality/Lodging & Accommodation/Extended-Stay & Serviced Apartments (Aparthotels)

Keywords

• Commercial real estate
• Office space leasing
• Smart building automation
• Guest apartments rental
• Retail space leasing

Headquarters

HQ city

Tartu

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Office Space Rental: Leasing of office spaces on floors 3-5 (total 1,451.8 m²), targeting businesses requiring modern workspace in Tartu city center.
2. Commercial/Retail Space Rental: Ground floor retail spaces (235.9 m²) with large storefront windows facing the public plaza, for businesses seeking high-visibility commercial locations.
3. Guest Apartments/Hospitality: 7 luxury guest apartments on second floor for short-term and long-term stays, targeting business travelers and visitors to Tartu.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Kastani Kolmnurk is a 5-story triangular commercial building in Tartu, Estonia that leases office spaces (1,451.8 m² on floors 3-5), ground-floor retail/commercial spaces (235.9 m²), and seven luxury guest apartments on the second floor. The property features integrated smart building automation controlling access, lighting, ventilation, and HVAC for up to 50% energy savings, complemented by heated underground parking, EV charging, and Bolt e-scooter charging stations. Total rentable area is 2,207 m² across the five floors.

Product overview

Kastani Kolmnurk is a single commercial real estate property featuring a unified architecture of interconnected spaces: the core offering comprises 2,207 m² of rentable areas distributed across five floors, including 235.9 m² of ground-floor retail/commercial spaces (Äripinnad), 7 luxury guest apartments (ÕlalisKorterid) on the second floor, and 1,451.8 m² of office spaces (Büroopinnad) on floors 3-5. Supporting amenities include underground heated parking with EV charging and Bolt scooter facilities, all managed through an integrated smart building automation system that controls access, lighting, ventilation, and HVAC for up to 50% energy efficiency.

Differentiator

Problem solved

Functional benefit

Products and services

• Office Spaces (Büroopinnad)
• Commercial/Retail Spaces (Äripinnad)
• Guest Apartments (Külaliskorterid)
• Parking Facilities (Parkimine)

Quantifiable outcome

• Up to 50% energy savings through smart building automation systems
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• ARHITEKT11coreStrategic or Co-development PartnerLead architects for Kastani Kolmnurk project. Architecture firm with 20+ years experience and 50+ completed projects. Team includes Kaarel Susi, Sander Aas, and Joanna Kordemets. Responsible for triangular building design on triangular intersection with dark glass facade.
• Dorpat KinnisvaracoreOthersProperty developer and owner of Kastani Kolmnurk. Handles all leasing, sales, and property management. Sales contact: Kristo Kivisalu, MÜÜGIJUHT (Sales Manager), phone +372 5373 3475, email [email protected].

Scale indicators3 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• Merko Ehitus: Largest Estonian construction and real estate group, developing and holding commercial, office and residential property across Estonia and the Baltics. Comparable as a large incumbent in the same Estonian commercial real estate market.

Direct peers

• EfTEN Real Estate Fund: Baltic real estate fund focused on cash-flow-generating commercial properties in the Baltics, including Estonia. Comparable as a holder and operator of regional commercial real estate assets.
• Baltic Horizon Fund: Listed Baltic real estate fund investing in commercial property across Estonia, Latvia and Lithuania. Comparable as a regional commercial real estate investor/operator with retail and office exposure.
• Hepsor: Estonian real estate developer focused on modern residential and commercial developments in Tallinn and Tartu. Comparable in geography, product type and development-stage activity to Kastani Kolmnurk.
• Lumi Capital: Baltic real estate investment and development firm active in Estonia, Latvia and Lithuania with office and mixed-use exposure. Comparable as a Baltic-focused commercial real estate operator.
• Kaamos Kinnisvara: Estonian real estate group developing and holding residential and commercial property, including projects in Tartu. Comparable as a direct local developer-competitor in the same Estonian market.
• Pro Kapital Grupp: Baltic real estate developer with mixed-use, retail and residential projects, including developments in Estonia. Comparable as a developer of premium mixed-use real estate in the same region.
• Dorpat Kinnisvara: The Estonian real estate firm that develops, owns and operates Kastani Kolmnurk and handles all leasing via its sales manager. It is the most direct operational comparable, operating similar mixed-use and commercial assets in Tartu.

Regional players

• Latio: Latvian real estate developer and service provider active across the Baltics. Comparable as a neighbouring Baltic real estate market participant, though primarily Latvia-based.

Others

• CBRE: Global commercial real estate services firm active in Estonia and the Baltics. Comparable as an adjacent ecosystem participant (advisory, brokerage, property management) supporting similar assets, though not a direct competitor.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kastani Kolmnurk