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We assisted EIKA Development Fund, a closed-end investment fund for well-informed investors, in acquiring 100% of the shares in Visorių centras – a real estate development and leasing company. The fund, which is managed by the investment management company Eika Asset Management, intends to develop apartment buildings on the acquired site on Visorių Street in […]
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A group company of Linstow, one of the leading long-term real estate project developers in various fields in the Baltics, has acquired the prestigious Sporta 2 quarter, a 3 ha property located in the very centre of Riga. The company intends to develop the property as a mixed-use urban development project in the coming years. […]
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We advised Wargaming, a global video game developer and publisher, on one of the largest office lease transactions in Lithuania this year. Wargaming has signed an agreement to lease a 5,000 m² of office space spread over five floors at the Quadrum Business Centre, in the Quadrum East building. Wargaming is one of the leaders […]
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On 13 May 2021, VSIA Rīgas cirks and Aidaco Group entered into a contract to reconstruct the building of Rīgas cirks (Riga Circus). Contract value: EUR 3,201,364.43 + VAT. Project The project is vital because it involves reconstructing an architectural monument of national significance (namely, the historically significant and unique Rīgas cirks building). These works […]
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“If the commercial property sector in the Baltic countries saw larger or smaller losses and the prospects for individual segments remain vague, the residential property sector has easily withstood the challenges posed by the coronavirus pandemic and has even strengthened its position in some places. First of all, the residential property sector in Lithuania and […]
