We advised closed-end real estate investment fund Lords LB Baltic Fund III, managed by Lords LB Asset Management, on the sale of a shopping centre in Klaipėda BFIII Klaipėda, the company which owns the shopping centre, has been acquired by Union RE Core Fund I for an undisclosed amount. The shopping centre, which has a […]
The Sorainen partnership continues expanding as, this April, Jorens Jaunozols becomes the ninth partner at the Latvian office. Jorens joined the Sorainen Real Estate & Construction group exactly eight years ago from a private sector company. Jorens is an attorney-at-law and head of the Real Estate sector group in Latvia, and as of January 2022 […]
We advised Numai, the first independent rent-to-buy service provider in the EU, in the process of developing their business concept in Estonia. Unique concept Numai is offering a service with a unique concept, where the customer is allowed to rent real estate under the lease agreement until they are ready to purchase it, whereby the […]
We advised Stockmann on the sale of its department store properties in Tallinn, Estonia, and Riga, Latvia to the investment arm of Viru Keemia Grupp (VKG). Notable transaction This was one of the biggest real estate transactions in the Estonian and Latvian markets in 2021. The sale is a part of the corporate restructuring program […]
