- COMPLETED
- FOR SALE
Avalon Plaza
Commercial and residential building development. Gross closed area 7,700 m²
Millerhawk is an investment management company that mainly specializes in the real estate sector.
We focus on properties in the Baltic capitals, where economic growth meets high demand for modern office, industrial and retail space. Our careful target selection allows us to employ the property markets of Estonia, Latvia and Lithuania for highest potential yields.
Millerhawk investment strategy combines value add and core investment strategy with active management to ensure strong dynamic returns. One of the main values of the company is to adhere to the ESG criteria, focusing on sustainable, socially responsible, and governance-compliant properties.
We stay up to speed with the growing economies by redeveloping and repositioning property as well as actively restructuring tenant and rental terms. It is essential for the company to maintain a strong focus on ensuring the satisfaction of both rental tenants and investors, as their contentment is key to our long-term success.
Holding over several decades of experience in Baltic real estate market, Millerhawk team brings a wealth of expertise in all aspects of real estates, including property development, management, and operational excellence, ensuring the long-term success and value of our investments. The team has managed over 600 million EUR diversified portfolio investments throughout 20 years as well as launched several landmark projects in office and commercial buildings across Baltic countries.
We assure both current and prospective investors that they will benefit from solutions carefully tailored to the specific requirements and opportunities of each project.
Millerhawk investment management company also includes subsidiaries – AvalonEstates OÜ and Greenmetrix OÜ. Millerhawk specializes in commercial and industrial real estate, while its subsidiary, AvalonEstates OÜ, focuses on building a robust investment portfolio in residential properties. Geenmetrix is the company that advises various real estate developers and owners make buildings more energy-efficient and sustainable.
The Baltic states offer a prevailing investment environment within Eurozone with open market well integrated into Nordics and core EU.
The Baltics offer 300-400 bps yield premium and better valuation compared to core EU peers.
Redevelopment, repositioning, tenant/rental term restructuring to sell as core or near-core properties.
Millerhawk’s team consists of profound financial and real estate experts to ensure enhanced IRR for fund or separate account investors.
Millerhawk pursues thorough risk hedging with deep industry knowledge, team expertise and local presence.
Real estate industry has a major impact on creation of sustainable environment. Millerhawk follows environmental, social and governance (ESG) core principles while executing investment strategies.
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Founder
mk@millerhawk.com
Marko is a real estate investment strategist who has been working in the commercial and residential property development industry in the Baltic States since 2006. His focus over the last two decades has been on transforming the real estate sector and effectively creating new value. In the course of his career Marko has overseen property transactions with a total value exceeding 600 million euros. Real estate has always been his passion, but with a background in finance, his experience and knowledge of the market have helped him to find the right projects and to combine approaches in order to maximise the value of property portfolios. Marko’s expertise enables him to create a unique value proposition which meets the expectations of real estate stakeholders whilst being in line with changing regulations and evolving sustainability requirements. Marko puts his success down to thinking outside the box and opting for unorthodox solutions. He sees plenty of potential in Baltic real estate and is convinced that Millerhawk’s vision and experience will help shape the urban landscape of the Baltic capitals, showcasing the local investment market.
CEO
am@millerhawk.com
Anastassia has been working in the financial sector for 15 years. She boasts international experience in global audit firms like KPMG and EY, and having led Luminor Bank’s regulatory reporting in the Baltic States, she knows the local financial, technology and property markets like the back of her hand. Anastassia’s broad-ranging experience as an audit team leader in publicly listed companies, her involvement in projects aimed at finding effective reporting solutions and mitigating risks and her knowledge and understanding of the banking sector give her all of the skills she needs for strategic planning and identifying investment opportunities in the Baltic real estate sector. With her ability to manage special projects and financial relationships and a highly agile approach, Anastassia is an inspiration to all of her team members and partners, enabling Millerhawk to make smart investments in the property market and move effectively through every business cycle.
Head of Facility Management
kjl@millerhawk.com
+372 5388 0552
Real Estate Development Manager
at@millerhawk.com
Marketing Manager
sp@millerhawk.com
Lawyer
msori@millerhawk.com
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Roo Prisma, located in Millerhawk’s Harku-Järve property, was the first Prisma store to join Coop....
12. September 2026 13.42Read more here
The Ahtme Maxima building, has become the first building outside Harju County to receive the international LEED Gold certification...
12. June 2026 16.30Read more here
Millerhawk laid cornerstone of 16-million-euro residential and commercial center in Pärnu ...
27. March 2026 15.54Read more here
Millerhawk founder Marko Kull explains why Kuressaare’s commercial real estate transactions stood out in 2025....
2. February 2026 13.40Read more here
Millerhawk founder Marko Kull explains why the key to Porto Franco’s financing is trust and finding an anchor tenant for the development....
26. January 2026 14.03Read more here
AvalonEstates has sold four plots of land earmarked for apartments in the Tiskreõue development in Harku municipality. ...
2. December 2025 11.58Read more here
Millerhawk and NOBE have successfully completed the construction of the Koplipere tee 5 stock office building....
17. October 2025 12.20Read more here
Millerhawk and Ehitustrust sign 15.8 million euro deal for new business and residential centre in Pärnu....
22. September 2025 12.28Read more here
Millerhawk signed an agreement to acquire a portfolio of four major commercial buildings previously owned by a Swedish investor. ...
30. May 2025 11.50Read more here
Papiniidu Arendus OÜ received a building permit for the construction project of Papiniidu 50 in Pärnu....
21. May 2025 12.23