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Linstow, leading shopping center developer and manager in the Baltic states, has expanded its real estate portfolio by acquiring real estate of complex composition (several separate buildings and a site exceeding 3 hectares) in Riga, near Alfa Retail Park. The real estate was acquired for future commercial development purposes. The value of the deal exceeded […]
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Sorainen advised the Latvian subsidiary of Antalis, a leading global paper and packaging distributor operating in over 43 countries, in the sale and leaseback of an industrial plant located in Latvia, with an approximate transaction value of 4 million EUR. Sorainen advised the client through drafting the real estate sale and lease agreement, negotiations between […]
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SORAINEN advised a Linstow group company on the extension of the ORIGO shopping centre in Riga with a total project value of approx EUR 50 million. Following sustainable construction and BREEAM perspectives SORAINEN drafted the design contract to encompass several stages of development. SORAINEN also represented the client in contract negotiations with the architect. The […]
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SORAINEN Latvia analysed and prepared memorandums on development, management, lease, disposal and construction of real estate for Latvia’s main university. SORAINEN Latvia prepared the memorandums as a strategic plan for the University of Latvia on management of its own real estate portfolio. Memorandums included review of such issues as feasibility of alienating, leasing, renting, managing, […]
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SORAINEN advised Delta Property on the extension of the Alfa shopping centre in Riga with a total project value of approx EUR 40 million. SORAINEN reviewed and elaborated the construction tender documentation and drafted special conditions under the FIDIC Red Book that were tailored for development of several stages and parallel operation and construction. The […]