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The Sorainen partnership continues expanding as, this April, Jorens Jaunozols becomes the ninth partner at the Latvian office. Jorens joined the Sorainen Real Estate & Construction group exactly eight years ago from a private sector company. Jorens is an attorney-at-law and head of the Real Estate sector group in Latvia, and as of January 2022 […]
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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 […]
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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 […]
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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 […]