IK

What IK does

IK Investment Group OÜ is a privately held Estonian real estate company, founded in 1996, that operates three integrated service lines: real estate development (land plot development, detailed planning, infrastructure, and custom-built construction), property management (primarily for commercial and warehouse buildings), and office and warehouse space rental. The company's operational anchor is Mõigu Tehnopark, a business and industrial park in Peetri alevik, Harjumaa, which it developed and continues to manage through the affiliated entity Mõigu Tehnopargi Halduse MTÜ. Rental space is concentrated at three addresses within the park: Sära tee 16, Helgi tee 7, and Helgi tee 11.

The company targets business and industrial property clients — enterprises seeking well-located commercial, office, and warehouse space, or custom-built facilities tailored to their operational requirements. Its revenue model combines project-based development income (one-time, per project) with recurring rental income from Mõigu Tehnopark and recurring management fees for commercial and warehouse buildings. Pricing is not publicly disclosed; all engagement is routed through direct contact with the company ([email protected], +372 681 1779). Go-to-market is direct, relationship-based, and geographically limited to Estonia, supported by the company's website (ik.ee) and the Mõigu Tehnopark microsite (moigutehnopark.ee).

Ownership is closely held, with no external investors, parent company, or venture backing disclosed. The leadership team consists of Chairman Indrek Kasak and board members Jaan Keits and Kristi Kasak. Headcount is small (1–10 employees), consistent with a regional real estate owner-operator focused on a single park asset and project-based development. The company highlights no technology platform, patents, certifications, public awards, or partnerships beyond the affiliated park management entity.

Name

IK

Legal name

IK Investment Group OÜ

Website

https://ik.ee

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

IK Investment Group OÜ is a privately held Estonian real estate company founded in 1996 that develops, manages, and rents commercial and industrial property, primarily at its Mõigu Tehnopark in Peetri alevik, Harjumaa, serving business and industrial tenants.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development and Management

NAICS

Nonresidential Property Managers (531312), Lessors of Real Estate (5311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Nonresidential Buildings (6512), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Commercial real estate development
• Property management services
• Office warehouse rental
• Industrial park operations
• Land development planning

Headquarters

HQ city

Peetri alevik

HQ country

Estonia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

1. Real Estate Development: The company develops land parcels and builds properties tailored to customer needs, including obtaining detail plans and infrastructure projects (roads, utilities, and facilities).
2. Office and Warehouse Rental: Rental of modern office and warehouse spaces at Mõigu Tehnopark locations including Sära tee 16, Helgi tee 7, and Helgi tee 11.
3. Property Management: Management of commercial and warehouse buildings for clients, ensuring ongoing operational oversight of properties.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

IK Investment Group OÜ develops, manages, and rents commercial and industrial real estate in Estonia, anchored by the Mõigu Tehnopark business and industrial park. The company sells developed land plots with detail planning and infrastructure, builds custom commercial/warehouse buildings, manages commercial properties (via affiliated entity Mõigu Tehnopargi Halduse MTÜ), and rents modern office and warehouse spaces directly to business tenants.

Product overview

IK Investment Group OÜ operates as a real estate development, management, and rental company with three integrated service lines: (1) Kinnisvaraarendus for land development and building construction, (2) Kinnisvara haldus for property management, and (3) Büroo- ja laoruumide üürimine for office/warehouse rentals. The company has developed and manages Mõigu Tehnopark, a business and industrial park that anchors all its operations.

Differentiator

Problem solved

Functional benefit

Brands

• Mõigu Tehnopark: Business and industrial park developed and managed by IK Investment Group OÜ

Products and services

• Kinnisvaraarendus (Real Estate Development) Development and sale of land plots to businesses, including detail planning, infrastructure projects (roads, utilities, and facilities), and construction of custom buildings tailored to customer needs. Targets companies seeking commercial and industrial real estate in Estonia.
• Kinnisvara haldus (Property Management) Management services for commercial and warehouse buildings. The Mõigu Tehnopark business and industrial park is managed by the affiliated administrative company Mõigu Tehnopargi Halduse MTÜ. Targets business owners needing professional property management.
• Büroo- ja laoruumide üürimine (Office and Warehouse Space Rental) Rental of modern office and warehouse spaces in prime locations within Mõigu Tehnopark, available at Sära tee 16, Helgi tee 7, and Helgi tee 11. Targets businesses seeking commercial real estate in Estonia.
• Mõigu Tehnopark Business and industrial park developed by IK Investment Group, offering commercial and production land plots with associated infrastructure and management services. Anchors the company's real estate development, rental, and management operations.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Mõigu Tehnopargi Halduse MTÜcoreOthersMõigu Tehnopargi Halduse MTÜ is the management company established by IK Investment Group to manage the Mõigu Tehnopark business and industrial park. This is an affiliated entity created by IK to oversee day-to-day park operations and tenant management.

Scale indicators2 records

Recent moves3 records

Expansion highlights3 records

Direct peers

• Kaamos Group: Estonian real estate developer and investor active in commercial, industrial, and residential property development, with an integrated model of land acquisition, construction, and long-term ownership. Highly comparable to IK as a domestic Estonian developer operating across multiple asset types.
• Colonna AS: Estonian real estate development and holding company operating commercial and residential properties. Comparable to IK as a small-to-mid-sized Estonian developer with a build-and-hold approach.
• Hepsor AS: Estonian real estate developer listed on the Tallinn Stock Exchange, focused on residential and commercial development in Estonia and Latvia. Comparable to IK in that it develops and retains commercial properties with a long-term development-to-stabilization model.
• Ober-Haus Real Estate Advisors: Baltic real estate brokerage, valuation, and property management firm operating across Estonia, Latvia, and Lithuania. Comparable to IK on the property management and leasing services side, though operating primarily as a third-party manager/broker rather than a principal.
• Capital Mill OÜ: Estonian real estate development and investment company focused on commercial, residential, and mixed-use projects in Tallinn and Harjumaa. Directly comparable to IK as a privately held Estonian developer active in the same geographic corridor.
• Pro Kapital Grupp AS: Baltic real estate developer focused on mixed-use, residential, and commercial developments in Estonia, Latvia, and Lithuania. Comparable to IK as a developer active in commercial real estate in the Estonian market with an integrated development approach.
• Ülemiste City: Large business and technology district developed in Tallinn by Mainor Ülemiste, offering office, commercial, and industrial spaces. Comparable to Mõigu Tehnopark as a purpose-built business/industrial park concept in Estonia.

Broad incumbents

• Baltic Horizon Fund: Listed Baltic real estate fund owning commercial properties (retail, office, logistics) across Estonia, Latvia, and Lithuania. Comparable as an institutional owner of commercial real estate competing with IK for tenants and development opportunities in Estonia.
• Merko Ehitus AS: One of the largest Estonian construction and real estate development groups, operating across the Baltics with general contracting, residential development, and commercial real estate. Comparable as a much larger incumbent that competes with IK in commercial property development and construction in Estonia.
• EfTEN Capital AS: Estonian real estate fund manager focused on commercial properties (retail, office, logistics) across the Baltics. Comparable to IK as an operator/owner of commercial real estate in Estonia, though at significantly greater scale via institutional capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 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 IK