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The largest real estate transaction in 2023: Rimi Baltic sells logistical and office centre in Riga
According to the long-term development plans of Rimi parent company ICA Gruppen, as part of the equity transaction Rimi Baltic has sold the central logistical and office premises in Riga, Deglava Street 161, to East Capital Real Estate Fund IV, by concluding a long-term 15-year lease agreement with the new owners. The purchase price of […]
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Spaces brand launch in Latvia
The holding company IWG’s hybrid co-working spaces brand Spaces and the developer of the Zunda Towers have signed an agreement, according to which the holding company IWG’s brand Spaces will occupy three floors with an area of 2,348 square metres in the Zunda Towers high-rise buildings. The premises will be used as hybrid co-working spaces, […]
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Entrepreneurs for Peace ensure installation of windows on the premises of the Ukrainian Society of the Deaf
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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Simmons & Simmons’ Clean Energy Tool platform
Our team has contributed to the Clean Energy Tool platform launched by international law firm Simmons & Simmons. About the project The Clean Energy Tool is a web platform that provides legal and regulatory information on renewable energy projects and clean energy infrastructure to international investors. The information is presented in a format that allows […]
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Utilitas inaugurates the biggest onshore wind park in Latvia
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 […]