` Aivar Taro | COBALT

Aivar Taro

Partneris / Estija


Aivar Taro is a Partner at COBALT and head of the fields of real estate, construction and energy. Aivar has long-term experience in large-scale real estate transactions with both domestic and international companies, including the acquisition and sale of commercial, industrial and other types of real estate as well as development projects. He also has extensive experience in advising real estate developments, which renders him able to offer valuable counsel to clients during the entire course of the development process, including the planning procedure, construction process, matters pertaining to lease, financing, and the completion of the project. Aivar has participated in advising numerous lease transactions, including sale and leaseback transactions, leasing build to suit lease objects and managing the lease portfolios of shopping centres. He additionally has impressive experience in the energy sector, including advising renewable energy projects, acquisition transactions of energy companies and projects for creating new generation capacity. Some of his works include advising the sale of the Baltic real estate portfolio of Geneba Properties N.V to Laurus S.a.r.l, development and sale of Mustamäe Centre to East Capital, acquisition of Solaris and Bauhof by Partners Group, and advising Nelja Energia, the leading renewable energy company in the Baltics, upon the acquisition, construction and operation of various wind farms.

Aivar has been a member of the Estonian Bar Association since 2004.

Praktikos sritys

  • The Legal 500, Real Estate and Construction, Hall of Fame – 2020 / 2021 / 2022 / 2023 / 2024
  • Chambers Europe, Energy, Ranked Lawyer – 2019
  • Chambers Europe, Real Estate, Ranked Lawyer – 2019 / 2022
  • IFLR 1000, M&A, Notable Practitioner – 2021 / 2022
  • IFLR 1000, Real Estate, M&A, Notable Practitioner – 2019


  • Estonian, English, German, Russian

Narystė organizacijose ir išsilavinimas

  • Member of the Estonian Bar Association (since 2004)
  • MA cum laude, Faculty of Law, University of Tartu, Estonia (2002)
  • University of Konstanz, Erasmus exchange programme, Konstanz, Germany (2001-2002)