About us
We have been investing in commercial real estate – buying, building and managing our own buildings – for more than 20 years. We are constantly investing in new real estate properties, and one of our strategic principles is not to sell our buildings.
It is the goal of Kawe to be personally close to the client and to support them in the long run. This goal is supported by flexibility, care, swift responses, and everyday property maintenance.
Kawe is owned by AS Garda, which is owned by three Norwegian private investors. The ownership structure of the group has remained the same throughout the years.
History
We value consistency and development. This fundamental cornerstone is well illustrated by our long history – we have acquired new buildings or started the construction of new objects practically every year.
20 years in the real estate market
1
2022
March
Türi Quarter
We began construction of Kawe’s first residential development. The entire quarter will be built by Riser Ehitus OÜ.
August
Tobiase 8 commercial building
Kawe Invest acquired a new registered immovable in Kadriorg, at Tobiase 8
September
Kawe City
Construction of the Class A energy efficiency rated office building in Kawe City was completed. The newly built office building was nominated for the title of ‘Development Project 2022’ in the Tallinn Entrepreneurship Awards category.
2
2021
August
Kawe City
We began construction of the Kawe City office building. The building is being built by Riser Ehitus OÜ.
November
Türi Quarter
We began the public sale of Kawe’s first residential development.
3
2020
July
Development of Tatari 1 registered immovable
OÜ Tatari Ärimaja began archaeological excavations on the registered immovable, making preparations for the construction of a new office building.
September
Tatari 1 detailed plan
The Tallinn City Planning Department announced the detailed plan for Tatari 1, which provides for the construction of a new office building on the registered immovable.
4
2019
August
Bolt Headquarters Phase I
OÜ Kawe Invest began construction of Bolt’s headquarters on the Vana-Lõuna 15 registered immovable. Phase I of the building was delivered to the lessee in the summer of 2019.
5
2018
August
Vana-Lõuna 15 registered immovable
OÜ Kawe Invest acquired the Vana-Lõuna 15 registered immovable located adjacent to the Baltika Quarter, in Tallinn.
December
Kiikri 4 registered immovable
OÜ Kawe Kodu acquired the Kiikri 4 registered immovable, in Kadriorg, with the intention of entering the residential development market. Along with the development of the second Türi 9 registered immovable, located in the Tallinn City Centre and already owned by Kawe, the plan is to design and sell a total of nearly 400 apartments.
6
2017
January
Hilding extension
OÜ Duarte Group began construction of an extension to the Hilding Anders Baltic warehouse and production building in Rae Rural Municipality. The extension was completed in September 2016.
December
Kawe Business Center
OÜ Kawe Ärikeskus acquired the registered immovable at Pärnu Hwy 158 from OÜ Estconde Invest, on which two office buildings and a multi-storey car park are located.
7
2016
October
Norra Office Building
OÜ Kawe Invest began construction of a new office building in the Baltika Quarter. The building was completed in December 2015.
8
2014
April
Tatari Ärimaja
OÜ Tatari Ärimaja bought the registered immovable at Tatari 1, in the Tallinn City Centre, located behind the Kawe Plaza office building that is also owned by the group.
December
Isku Office Building
OÜ Kawe Tower acquired a property known as the ISKU Büroohoone, in Järve, Tallinn.
9
2013
April
Kõrtsi Road development
OÜ Kawe Club began construction of a new logistics building on the Kõrtsi Road registered immovable, in Rae Rural Municipality, about 10 km from Tallinn. The building was completed and the leased premises were handed over to the first lessee, Dunkri Kaubanduse AS, in November 2012.
August
Baltika Quarter
OÜ Kawe Invest did acquire from OÜ Baltika TP the registered immovable located at Veerenni 24, Tallinn, which is known as the Baltika Quarter. There is a commercial and office building with a total area of 13,131 m² located in the Baltika Quarter.
10
2012
March
Kurgede Development
For the purpose of developing industrial real estate in Rae Rural Municipality, Lehmja Village, OÜ Kawe Logistika acquired the Kuremaa and Kurepõllu registered immovables, located approximately 10 km from Tallinn.
11
2011
March
Ahtme production building
OÜ Aquabene acquired the Baltika TP registered immovable in Ahtme, where the Baltika production building is located.
12
2010
September
Hilding production building
AS Kawe Group acquired the OÜ Duarte Group. The lessee of the registered immovable is Hilding Anders Baltic AS.
13
2009
January
Puumerkki terminal
OÜ Kawe Puit entered into a lease agreement with AS Puumerkki, part of the Stora Enso Group, for the rental of a wholesale wood terminal in Rae Rural Municipality. At the same time, a terminal construction contract was signed with OÜ Celander Ehitus. The terminal was completed and handed over to AS Puumerkki in January 2008.
March
Baltika logistics centre
OÜ Aquabene acquired the OÜ Baltika TP registered immovable in the Lasnamäe Industrial Park, in Tallinn. The Baltika logistics centre is located on the registered immovable.
November
Smarten logistics centre
AS Kawe Group acquired 100% of the shares of OÜ Logistika Kinnisvara from associations related to Estonian businessmen. Later, OÜ Logistika Kinnisvara was renamed OÜ Kawe Logistika. The company owns a logistics centre along Tartu Highway, 5 km from Tallinn.
14
2007
January
Kõrtsi Road development
OÜ Kawe Club acquired a registered immovable for the purpose of developing industrial real estate along Tartu Hwy, 10 km from Tallinn.
September
Baltika production building
OÜ Aquabene, a company belonging to AS Kawe Group, signed a lease agreement with OÜ Baltika TP, a part of the AS Baltika Group, for the rental of a production building in the Lasnamäe Industrial Park, in Tallinn. At the same time, a construction contract was signed for the construction of this building with AS Harju Ehitus. The building was completed and handed over to the lessee in October 2007.
15
2006
Nobember
Houses on Türi Street
AS Kawe Group acquired 100% of the shares of AS Aeteci Kinnisvara from Finnish entrepreneurs. The company owns the Türi Street 9 registered immovable, in Tallinn.
16
2005
September
Toompuiestee Office Building
AS Kawe Group acquired 100% of the shares of OÜ Toompuiestee Büroohoone from parties related to OÜ Estconde. The OÜ Toompuiestee Büroohoone owns OÜ Toompuiestee Ärimaja in the Tallinn City Centre.
17
2004
July
NeoQi office and production building
OÜ Kawe Tööstus signed a lease agreement with AS NeoQi. The office and production building meeting the needs of AS NeoQi was completed in Tänassilma Industrial Park, in December 2004. The building was constructed by AS Tesman. The registered immovable was sold in October 2013.
September
Hollywood Building
Kawe bought the Vana-Posti 8 registered immovable from the City of Tallinn. The lessee of the building was OÜ Kino Sõprus. The building was sold back to parties associated with the lessees in January 2006.
18
2003
April
Kawe Plaza office building
AS Kawe Group (formerly known as AS Garda Baltic) acquired the shares of AS Kawe Plaza from the Compensation Fund. AS Kawe Plaza owns the Kawe Plaza office building located in the Tallinn City Centre.
19
2002
August
Bolt Headquarters Phase II
OÜ Kawe Invest began construction of the extension to Bolt’s headquarters on the Vana-Lõuna 15 registered immovable. Phase II of the building was delivered to the lessee in the fall of 2020.
Our team
Owners
AS Kawe is owned by AS Garda, which is registered in Trondheim, Kingdom of Norway. AS Garda is owned in three equal parts by Norwegian investors – Bernhd. Brekke AS, Koteng Holding AS, and Jenssen & Co AS.
The ownership circle of Kawe also includes CEO Jaanus Kosemaa.
Bernhd. Brekke AS
is registered in Trondheim, Norway. The family business was founded in 1880. The company is mainly engaged in industrial real estate and investing. Brekke AS is owned by Trond B. Brekke, who is the Estonian Honorary Consul in Trondheim. Website: www.bbrekke.no
Koteng Holding AS
is registered in Trondheim, Norway. The core business of the company is investments in real estate. The company owns more than 212,000 m² of real estate. The company has made smaller investments in the industrial sector. Website: www.koteng.no
Jenssen & Co AS
is also registered in Trondheim, Norway. The family business was founded in 1790, and at the moment the company is headed by Anton Jenssen, a representative of the seventh generation. Their largest undertaking is SPIS Grilstad AS, the biggest private meat producer in Norway. Jenssen & Co. owns 65% of this group. Another major area of activity is real estate investments. Website: www.grilstad.no
