Sorainen
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Sorainen advised Finnish fund YCE Housing I, managed by Vicus Capital Advisors Limited, on investment in Stage I of the ‘Raitininkø sodai’ residential construction project in Vilnius. The project, developed by Lithuanian construction company YIT Kausta, involves construction of a complex of 210 modern apartments in a strategically attractive area in Vilnius close to the […]
Sorainen advised Baltic Horizon Fund, managed by Northern Horizon Capital, in acquiring the Vainodes 1 office building in Riga, at a total purchase price of approx EUR 21.3 million. On 14 November 2017, the deal was confirmed when a share purchase agreement was signed with sellers NULE 4 and NM 2 for the acquisition of […]
The Boris and Inâra Teterev Foundation together with the ABLV Charitable Foundation have engaged internationally renowned architect Sir David Adjaye to develop a design for the building to house the Latvian Museum of Contemporary Art. Given the experience and reputation of the architect, it is safe to say that this engagement is significant not only […]
International automotive group Inchcape Motors acquired the assets of United Motors, becoming the exclusive distributor for BMW Group in Estonia. The business acquired serves customers of BMW Group and KIA, employing more than 90 people at retail sites in Tallinn, Tartu, Pärnu and Kohtla-Järve. The transaction received approval of the Estonian Competition Authority in June. […]
Sorainen successfully represented Folla Maritime Service, a reputable shipbuilding company from Flatanger, Norway, established in 1994 and specialising in the manufacture of vessels for the aquaculture industry, in negotiations with Rîgas kuìu bûvçtava (Riga Shipyard) regarding execution of a shipbuilding contract under Latvian law. We provided legal advice on further action regarding delay in execution […]
