The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
We acted as Latvian law advisers for Joint Lead Managers J.P. Morgan and SEB bankas on the issue by Air Baltic Corporation of EUR 200,000,000 5-year bonds. So far this is the largest corporate bond issue originating from Latvia. More information on the project available here. The matter was handled by partner Rūdolfs Eņģelis, senior […]
On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
Sorainen updated and supplemented transfer pricing documentation for Bridgestone Baltics, a Baltic company in the global Bridgestone Group, regarding transactions undertaken in the Baltics in 2014 and 2015. Compliance with the arm’s length principle for purchase of tyres, management and support services received and provided plus reception of commission services by Bridgestone Baltics documented in […]
Sorainen assisted the client in developing a transfer pricing policy and preparing transfer pricing documentation for Devbridge Group, a US-based technology consultancy company founded in 2008 and having offices in Lithuania. Devbridge Group is a strategic partner to industry leaders in manufacturing, financial services and technology. The prepared transfer pricing policy justifies pricing applied for […]