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 […]
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 represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]
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 […]
We advised historical local brewery Aldaris (part of the Carlsberg Group) on the sale and lease-back of its real estate consisting of a land plot and a number of buildings, including offices, production and warehouse buildings, as well as a brewery museum. As a result of the transaction, the brewery will continue to use its […]