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Tietoevry and the developer of the Verde office centre have signed a lease agreement, according to which Tietoevry will lease office space with an area of 4,500 square metres in the B building at the Verde office centre, becoming its largest tenant. The leased premises will be used for the purposes of the Tietoevry Latvia […]
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As a result of the Russian aggression, severe and targeted damage has been caused to critical infrastructure facilities, social infrastructure, and housing in Ukraine. This was also the fate of the Ukrainian Society of the Deaf’s educational and manufacturing company in Chernihiv, which provides jobs for 73 deaf people. By providing support for the preparation […]
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On 15 September 2022, Utilitas inaugurated the largest onshore wind park in Latvia, with a capacity of 58.8 MW. The opening of this park nearly doubled the total wind power infrastructure installed in Latvia. The wind park is located in Tārgale, Ventspils district, Latvia. Total investment in the development of the wind park amounted to […]
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We provided legal support to PrivatBank in transferring its client portfolio and part of its assets and liabilities to Industra Bank. The total of the loans included in the transaction was approx. EUR 25 million, and the amount of deposits exceeded EUR 50 million. The transaction received the permission of the Financial and Capital Market […]
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We advised Lords LB Baltic Fund III, the closed-end real estate investment fund managed by Lords LB Asset Management, on closing down and selling 11 properties in Lithuania and Latvia. This is one of the largest portfolio sales in the Baltic States in recent years. Among the largest assets within the sale were the logistics […]
