Ober-Haus presented its annual real estate market report 2023 on the Baltic States capitals, confirming slow, but steady growth in Tallinn, Riga, and Vilnius. The overview covers office, commercial, storage and residential markets, as well as plots of land in each of the capital cities. Legal notes for the report were prepared by our Baltic-wide […]
We are advising the Geological Survey of Estonia (EGT) in relation to the geothermal energy deployment research project GEOENEST. Geothermal energy Geothermal energy is the solar energy stored in the ground and the energy stored deep inside the Earth’s crust. The aim of the project is to contribute to achieving of the goals of Estonian energy […]
We advised Novira Capital, an international company dealing with the financing and development of large real estate projects, on acquiring a 49% stake in Matek, the oldest and most experienced prefabricated timber frame house producer in Estonia. Record year Last year, Matek increased its revenue almost twice, by 90 per cent, to EUR 32.3 million. Furthermore, […]
We advised Northern Horizon Capital in issuing EUR 42 million corporate bonds of Baltic Horizon Fund to refinance outstanding bonds. Baltic Horizon Fund is a real estate fund with a focus on commercial properties in the capitals of the Baltic States. It is managed by licensed alternative investment fund manager Northern Horizon Capital. Investment in […]
Deals & Cases / Laurynas Lukošiūnas, Žilvinas Briedis
The Supreme Court of Lithuania upheld the claim of our client HSC Baltic regarding unreasonable inclusion in the List of Unreliable Suppliers. It obliged the Vilnius municipality to re-open the issue of the company’s reliability. The decision in the case concerning the construction project for the Lazdynai swimming pool in Vilnius municipality was based on […]