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Advising Sunly on the largest battery storage deal across the Baltics
We advised Sunly in preparing and negotiating EPC contracts for the construction of Estonia’s and Latvia’s largest battery energy storage systems. The project forms part of a broader cooperation between Sunly and Rolls-Royce across the Baltic states, which includes five utility-scale battery energy storage systems in Latvia and Estonia with a combined capacity of nearly […]
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Linstow Baltic delivers a new HQ building for SEB in Riga
SEB Latvia officially has opened its central office in the Class A office complex Satekles Biznesa Centrs. About the project Satekles Biznesa Centrs is a modern and sustainable Class A office complex developed by Linstow Baltic as part of its strategic vision for the transformation of Riga Central Business District. The project aims to create […]
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Inter IKEA Group completes acquisition of the IKEA retail business in the Baltics
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]
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Vastint Latvia concludes this year’s largest office rental deal in Latvia
We helped property developer Vastint Latvia to conclude a lease with IT company Atea Global Services for the lease of all available office space in an office building still under construction at Antonijas Street 17, Riga, located in Magdalēnas kvartāls. About the transaction This becomes not only the largest office rental transaction in the history […]
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Major deal in the office market: expansion of Riga International School in Skanste
We advised the International School of Riga (ISR) on signing an agreement with Baltic Horizon Fund for the lease of 3,680 m² of space in its own building at 27 Skanstes Street, Riga. This transaction is one of the largest leases of office space in Riga this year. The lease agreement is for five years, […]