Linstow’s and SEB’s Latvian subsidiaries have entered into a lease agreement under which Linstow Baltic will develop and lease out to SEB Latvia a brand-new business centre to be located at 2 Ernesta Birznieka-Upīša Street in Riga, right across the street from Linstow Baltic’s recent development, the award-winning shopping centre Origo and the business centre […]
We advised Lords LB Baltic Green Fund (V) on acquiring 100% of Valmeda’s shares. Valmeda owns Holiday Inn hotel, which has an area of more than 7,000 m² on Šeimyniškių Street in Vilnius. Situated in a prestigious location in Vilnius Marius Junda, fund manager at Lords LB Baltic Green Fund (V), comments: “We are glad […]
We advised closed-end real estate investment fund Lords LB Baltic Fund III on the sale of a shopping centre in Marijampolė. The site has been acquired by Rivona for an undisclosed amount. The first site from the fund’s portfolio sold in Lithuania The shopping centre has been operating since 2006; Lords LB Baltic Fund III […]
We advised TMT Investments, a Jersey-based VC, on their investment into EstateGuru, a pan-European marketplace for short-term, property-backed loans. Wide interest from the market EstateGuru announced the successful closure of its Series A funding round, with investments coming from Switzerland, United Kingdom, Czechia, Austria, Germany, and Cyprus. The round was led by TMT Investments, known […]
Our team advised Darnu Group on acquiring 8.3 hectares of land for the construction of residential buildings with commercial premises. The company plans to build approx 900 apartments on the site. Construction is expected to start in the second half of 2022. This is one of the largest acquisition transactions of real estate for development […]
