A subsidiary of Lords LB Special Fund I, a fund belonging to investment management company Lords LB Asset Management, has concluded a hotel management contract with operator Carlson Rezidor regarding hotel opening and further activity in Vilnius marked under the Radisson RED name. The hotel, to be opened in 2020 in the developing k18b complex […]
SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
SORAINEN Latvia is advising Storent on everyday employment matters, including employment termination, employment of management board members, as well as reviewing and updating the client’s internal policies and regulations. Storent is a leading construction and industrial equipment rental company in the Baltics with an extensive rental network throughout all three Baltic countries. The client is […]
SORAINEN advised Northern Horizon Capital in upgrading the fund management company licence of its Estonian arm to an alternative investment fund manager (AIFM) licence and in establishing a new public evergreen closed-ended real estate fund. The Estonian Financial Supervision Authority (EFSA) granted the AIFM licence and registered the fund, named Baltic Horizon Fund (Fund), on […]
MG Valda has acquired land at former factory Skaiteks from Panevėžio keliai and closed one of the biggest real estate development transactions in Lithuania so far this year. With this transaction Naujasis Užupis, a subsidiary company of Panevėžio keliai, which was established for the Paupys project, transferred its shares to MG Valda. Paupys is the […]
