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We advised Hõbevara, a real estate holding company of Silberauto group, upon acquiring a 90% shareholding from Arealis Holding in Shnelli Ärimaja, owning and operating rentable business premises located at the centre of Tallinn, Estonia. Premium real estate Shnelli Ärimaja owns the right of superficies of Toompuiestee 35. The A-class office building, located in the […]
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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 […]
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We advised a large forest management company, the owner of more than 7,000 hectares of forest and agricultural land in Latvia, on its exit from the Latvian market by selling its subsidiaries to Baltic Green Fund. Our team Our team assisted the client in negotiating certain aspects of the transaction, drafting transaction documentation, and signing […]
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Our team advised Eveko Investicija on signing a built-to-suit lease agreement with the international logistics company Itella Logistics. Eveko Investicija develops a logistics terminal in Kaunas which was leased by Itella Logistics. Conversion and development of the building on a 2.7 ha site Eveko Investicija is currently converting and developing a 3,100 m2 building on […]
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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 […]
