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Sorainen assisted Pontos Group and its Estonian subsidiary, Pontos Baltic, on the sale of the RYO shopping centre to EfTEN Real Estate Fund 4 managed by EfTEN Capital. The shopping centre ‒ with a total retail area of over 24 thousand m2 ‒ was sold for EUR 47 million. It is one of the largest commercial real estate transactions in the […]
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Sorainen has been appointed as legal advisor to tunnel project FinEst Bay Area Development. The tunnel will enable a safe, high-speed connection between Helsinki Vantaa Airport and Tallinn Airport. The aim is to complete the project in 2024, after which a 20-minute train ride between Helsinki and Tallinn will be available. The link will consist of […]
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Deals & Cases
Sorainen Latvia is advising Estonian company Baltic Bioethanol, which plans to construct a production facility in Bauska industrial park, where it will invest up to EUR 150 million. The unit will produce second-generation bioethanol from biomass. In this particular case the raw material will be straw, to be purchased from farmers in Latvia. The project […]
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Deals & Cases / Reimo Hammerberg, Maria Pihlak
Sorainen represents Windoor in international arbitration proceedings at the International Centre for the Settlement of Investment Disputes (ICSID) in Washington, D.C., seeking more than EUR 20 million from the Republic of Kazakhstan. Windoor, a major Estonian manufacturer of glass and aluminium facades, has filed for international arbitration against the Republic of Kazakhstan for breach of the […]
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Sorainen advised Lords LB Special Fund V, managed by investment management company Lords LB Asset Management, on signing an agreement with InterContinental Hotels Group (IHG) on management of the Holiday Inn hotel in Riga. Lords LB Special Fund V acquired the Preses Nams building, where the hotel will be located, and the land under the […]
