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 […]
Deals & Cases / Piret Jesse, Dr Kaido Künnapas, Lauri Liivat, Piibe Lehtsaar, Triin Ploomipuu, Mirjam Vichmann, Robin Teever, Lise-Lotte Lääne, Liisa Maria Kuuskmaa, Vladislav Leiri, Kadri Puu, Lelde Laviņa, Andris Vilisons
We advised YIT, the largest Finnish urban developer and construction company and also significant in Northern Europe in general, on the establishment of a partnership involving the largest ever residential to-let development project in the Baltic countries, and on local law aspects in all three of the Baltic states regarding the joint venture’s structure. As […]
We advised Stockmann on the sale of its department store properties in Tallinn, Estonia, and Riga, Latvia to the investment arm of Viru Keemia Grupp (VKG). Notable transaction This was one of the biggest real estate transactions in the Estonian and Latvian markets in 2021. The sale is a part of the corporate restructuring program […]
Sorainen team is advising Nordic Investment bank, an international financial institution; and Citadele banka, one of the leading banks in Latvia, on providing financing to AS PN Project, a company managed by Lords LB Asset Management, for construction of an office complex certified excellent by BREEAM in Riga (Project). Our involvement We performed legal due […]
Linstow’s and SEB’s Latvian subsidiaries have entered into a lease agreement under which Linstow Baltic will develop and lease out to SEB Latvia a brand-new business centre to be located at 2 Ernesta Birznieka-Upīša Street in Riga, right across the street from Linstow Baltic’s recent development, the award-winning shopping centre Origo and the business centre […]