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We advised DOORopener on acquiring a 50% stake in MCC Group. As a result of this transaction, Hansa Candle, the largest candle manufacturer in the Baltics and one of the largest employers in Viljandi, Estonia, will now have one owner. The transaction is financed by Coop Pank. Well-known brand Founded in 1996, Hansa Candle is […]
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We advised real estate management company Agathum on issuing their first non-public three-year bond issue, with a nominal value of EUR 1.5 million. The bond issue was distributed by Šiaulių bankas. In the future, the company will have the opportunity to increase its bond issue to EUR 3 million. The company will pay 7.5% annual […]
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On 30 June 2021 a ceremony was held to open the construction site for the Rail Baltica station at Riga International Airport. The event signified the launch of the construction process of the Rail Baltica station and related infrastructure at Riga International Airport. The Project The specific project is part of Rail Baltica – the […]
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We assisted EIKA Development Fund, a closed-end investment fund for well-informed investors, in acquiring 100% of the shares in Visorių centras – a real estate development and leasing company. The fund, which is managed by the investment management company Eika Asset Management, intends to develop apartment buildings on the acquired site on Visorių Street in […]
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A group company of Linstow, one of the leading long-term real estate project developers in various fields in the Baltics, has acquired the prestigious Sporta 2 quarter, a 3 ha property located in the very centre of Riga. The company intends to develop the property as a mixed-use urban development project in the coming years. […]