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We helped property developer “Vastint Latvia” to conclude a lease with IT company “Atea Global Services” for the lease of all available office space in an office building still under construction at Antonijas Street 17, Riga, located in Magdalēnas kvartāls. About the transaction This becomes not only the largest office rental transaction in the history […]
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We advised the International School of Riga (ISR) on signing an agreement with Baltic Horizon Fund for the lease of 3,680 sqm of space in its own building at 27 Skanstes Street, Riga. This transaction is one of the largest leases of office space in Riga this year. The lease agreement is for five years, […]
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We conducted a special audit of Eesti Energia and its subsidiaries, commissioned by the Ministry of Finance. Four areas were analysed, and 37 observations were made. “We monitored the implementation of actions agreed upon in internal audits. To do this, we analysed documents, as well as explanations provided to us separately, and information obtained during […]
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Deals & Cases
We advised Citycon on signing a binding agreement to divest Kristiine keskus in Tallinn, Estonia. The transaction is significant on Estonian market both for its value (being around 129 million euros) as well as for the reason that the center was acquired entirely with Estonian capital. Focus on the Nordic real estate market This divestment […]
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ITERUM (previously PET Baltic) has opened a new factory, one of the largest in northern Europe, in Olaine, with a planned processing capacity of 80,000 tonnes per year – or about 30% more than could be ensured at the company’s previous production facility in Jelgava. Iterum has invested more than EUR 10 million in the […]