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The Project Last year Linstow Baltic, one of the leading commercial property developers in the Baltics, finalised and opened to the public one of the most exciting new development projects in Riga – the expansion of the Origo shopping centre, which is located in the very heart of the city right next to the central […]
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We advised Lords LB Baltic Fund III, which is managed by the Lithuanian investment company Lords LB Asset Management, on the sale of a logistics centre in Riga to EfTEN Real Estate Fund 4 belonging to Estonian investment company Eften Capital. This is the largest logistics sector transaction in Latvia since 2018. The transaction is […]
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Our team successfully provided legal assistance to the municipality of Carnikava region concerning the Administrative Territorial Reform. During the reform, Carnikava municipality will merge with Ādaži municipality in one joint Ādaži region municipality. In this regard, the municipality of Carnikava region states that by adopting the Administrative territory and populated area law, the legislator has […]
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We represented “YIT LATVIJA” (“YIT”), part of the YIT Group – a major construction company in Northern Europe and the largest in Finland – in a dispute over the legality of a construction permit issued to YIT. Essence of the dispute In this matter, more than 40 applicants challenged a construction permit issued to YIT […]
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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 […]