
Tallinn läheb vanalinna rendipindade konkursi nurjumise järel uuele katsele
Tallinn to Try Again After Failure of Old Town Rental Space Competition
Tallinna linnavalitsuse korraldatud vanalinna rendipindade konkurss kukkus läbi. Linnavalitsus plaanib nüüd äripindade rentimise poliitikat üle vaadata ja uue konkursi teha.
The competition for rental spaces in Tallinn's Old Town, organized by the city government, has failed. The city government now plans to review its policy for renting commercial spaces and hold a new competition.
The Tallinn City Center government sought tenants for a few dozen commercial spaces in the Old Town and its vicinity through the last competition. However, no offers were received by the deadline, and the competition failed.
The City Center elder Sander Andla said that the issue with these spaces is likely that companies do not currently want to set up offices in the Old Town. He assumed that businesses prefer new buildings where they do not have to do renovations.
The city district elder does not believe the issue is the high starting price. He said that the city competes with private spaces, and if the city asks for too high a fee, businesses will go to private spaces. Andla promised to analyze the situation and organize a new competition.
A new competition for the mentioned office spaces is planned to be announced before summer. If the city-owned spaces remain without tenants, they can be used, for example, for organizing art exhibitions.
The City Center elder stressed that Tallinn's real estate policy should be reviewed. He said that when leasing spaces, the substantive use of the spaces should also be considered, not just the maximum rental income. Andla believed that earning rental income should not be underestimated, as it helps provide services to residents.
Currently, the management of the city's real estate is very fragmented. Andla said that the city council's audit committee recommended creating a single competency unit that would manage all real estate in Tallinn.
For some rental spaces, it is planned to extend the rental period. Especially for spaces in the Old Town, where a company needs to make investments. Andla said that they are currently preparing for the use of a longer rental period, for example, 10 years.
Andla could not yet say when Tallinn's new real estate policy will be in place.