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The new Ober-Haus Real Estate Market Report 2020 is now available online. Our Real Estate & Construction team contributed to preparation of the annual report covering the Baltic Capitals – Vilnius, Riga and Tallinn. The overview focuses on the office, commercial, storage and residential premises markets, as well as on land plots in each of these capital cities.
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We advised investment fund Lords LB Special Fund I Subfund B on leasing an area of 7,000 m2 in its Lvovo business centre in Vilnius. The lease agreement was concluded with Telia Global Services Lithuania – a leading telecommunications company in Scandinavia and the Baltics. It will occupy 47% of the total area in the […]
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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 […]
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We assisted Kaamos Group in acquisition of 1/6 of the shares in Sunly Land and in negotiating a shareholder agreement. Commented Marek Pohla, Chairman of the Board of Kaamos Group: “Kaamos Group is constantly looking for new innovative companies to invest in. Sunly’s team of renewable energy experts and strategic collaboration with them will enable […]
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We represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]
