Linstow, one of the leading real estate developers in the Baltics, has expanded its real estate portfolio in the Riga Central Station area, acquiring seven new properties from three different sellers. At the core of the acquired properties are three land plots with a joint development potential exceeding 25,000 m². The total value of the transaction was EUR 4 million.
We were honoured to assist Linstow for the entirety of the project: establishing the buyer entity (SPV), performing legal due diligence on the properties, and drafting and negotiating transaction documents with all involved parties.
Our team was led by partner Jorens Jaunozols. The other team members were senior associates Natālija Grāvele and Liene Ābola, associates Annija Straupe and Kate Berlaua, and assistant lawyer Jūlija Triščuka.