The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
Marubeni-backed MM Capital Infrastructure Fund 1 from Japan has signed an agreement to acquire a 29.06% interest in joint-stock company Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. Following a competitive sales procedure, MM Capital Infrastructure Fund 1 agreed to acquire the shareholding in Conexus Baltic Grid from Marguerite Gas […]
Sorainen advised Marketing Investment Group (MIG) on acquiring more than 10 stores in Lithuania and Latvia from retail company Bogvila. MIG, a Polish retailer operating in the footwear and clothing market for over 25 years, has developed such well-known retail chains as Sizeer, 50 Style, Symbiosis and UP8. MIG currently provides consumers with products from […]
Sorainen advised the Latvian subsidiary of Antalis, a leading global paper and packaging distributor operating in over 43 countries, in the sale and leaseback of an industrial plant located in Latvia, with an approximate transaction value of 4 million EUR. Sorainen advised the client through drafting the real estate sale and lease agreement, negotiations between […]