Paul Künnap
Partner
Language
Services
Sectors
Country
About me
As head of the firm’s Real Estate & Construction and Finance & Insurance practices in Estonia, I also have an extensive background in handling M&A, finance and also tax cases. I am deeply interested in developments taking place in society and seek to make Estonia an increasingly favourable environment for business. I expect that the government should trust its people and in legislation follow the principle that laws are made primarily for decent citizens.
Professional highlights
Building up the country. Having been with the firm since 1998, I have closely followed the development of the region’s real estate market. I most enjoy working on projects that seek to lay foundation to new things, such as forward-looking real estate and development projects.
Advising monumental deals. I have been involved in several landmark deals such as advising Citycon during the acquisition of the Kristiine Shopping Centre. This 100 million euro-plus transaction remains Estonia’s second largest real estate M&A deal to date. Another exciting project is advising the FinEst Bay Area project, which aims to build a tunnel uniting Estonia and Finland.
Finnish expert. Having studied and practised law in Finland, I also have comprehensive understanding of Finnish laws and how things are done in Finland. I have conducted transactions in Finland, and also have plenty of experience communicating with the Finnish Tax Administration on behalf of Estonian companies.
Heading office in Helsinki. For five years, from 2000-2005, I headed Sorainen’s Finnish office to act as liaison between the two countries.
Academic background
- Concordia International University, Estonia (BA in Law / officially equivalent to MA)
I am a member of
- Estonian Bar Association
Deals & Cases
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Vapo sells Nevel
Deals & Cases / Äripäev -
Sorainen helped to plan the Tallinn ring railway
Deals & Cases -
Kahoot! acquires Drops
Deals & Cases -
Hexatronic acquires Baltronic and Toronics
Deals & Cases -
Fenestra to acquire their Finnish cooperation partner
Deals & Cases
Publications
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Commercial real estate sector in the Baltics and Belarus during COVID-19: rent, tax and financing reliefs
Publication -
Ober-Haus Real Estate Market Report 2020
Publication -
Taxes in a Nutshell 2020
Publication -
Transfer Pricing Card 2020
Publication -
The World Bank Group – Doing Business 2020: Comparing Business Regulation in 190 Economies
Publication
News
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Sorainen demonstrates strong performance in Chambers Global 2021 rankings
News -
Chambers Global: Sorainen has excellent practice with significant strength representing large domestic clients and foreign investors operating at a pan-Baltic level
News -
Biggest Baltic business festival sTARTUp Day gathers over 4400 visitors from 60 countries
News