About Us
Skala Capital is a Baltic commercial real estate investment group based in Tallinn. We own and manage 13 income-generating properties in Estonia and Latvia — over €110 million in value and 70,000 m² of leasable area across retail, stock office, industrial and office segments. Our focus is on modern, cash flow generating assets held for the long term, leased to a diversified base of more than 200 tenants at consistently high occupancy. The Group has been profitable every year since it began operations in 2020.
Financial Overview
  • The Group has been profitable in each year since starting its operations.
  • The Group has improved all major portfolio metrics since inception, with shareholders’ equity growing consistently each year.
  • Since 2020, Skala Capital has raised nearly EUR 40 million in investor debt capital, including more than EUR 30 million in bonds listed on Nasdaq Baltic. Since inception, the Group has maintained a flawless track record with no delays in interest payments.
Key Financials
As of 31 December 2025
Focus
Commercial real estate in the Baltics
Market segment
Retail, stock-office, industrial, office
Number of properties
13
Market value
110.0 MEUR
Total owner’s equity
20.0 MEUR
Net leasable area
more than 70,000 m²
Net profit
5.4 MEUR
Occupancy rate
97%+