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EIKA sells shopping centre Pupa in Vilnius
We advised EIKA Group on the sale of Pupa shopping centre in Vilnius, Pilaitė micro-district. EIKA Development remains the manager of the shopping centre and plans to invest the proceeds in the development and expansion of new projects in Lithuania and the region. The Pupa shopping centre, built by EIKA in 2008, was the first […]
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Deep Wind Offshore wins the auctions for the Saare 2.1 and Saare 2.2 offshore areas
We advised the Norwegian company Deep Wind Offshore on the purchases of the Saare 2.1 and Saare 2.2 offshore areas. As the sole participant in the auction, Deep Wind Offshore acquired the Saare 2.1 offshore area at the starting price of EUR 2.457 million, and Saare 2.2 also at the starting price of EUR 1 […]
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Ober-Haus: Baltic real estate market still challenging, but opportunities open up
Ober-Haus presents its annual real estate market report for 2024 on the capital cities of the Baltic countries. The report covers the office, retail, warehousing, residential and land markets in each of the capital cities: Riga, Tallinn and Vilnius. Our Baltic-wide team of real estate legal experts prepared legal notes for the report. Baltic real […]
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YIT implements a unique strategy in the development of Mārpagalmi
YIT, one of the leading construction companies and urban developers in the region of Northern Europe, is developing Mārpagalmi – a new residential quarter in one of the quietest corners of Āgenskalns, on Zemaišu iela, between Māra Pond Square and St. Albert’s Church. More about the project here. More than 600 apartments are planned to […]
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European Legal update 20.02. – 05.03.
Assistant lawyer Nikola Cīparsone compiled the material. ESG Directive empowering consumers for the green transition and circular economy Adopted: 20 February 2024 The Council has adopted a directive aimed at empowering consumers to facilitate the shift towards sustainability. This new directive seeks to strengthen consumer rights by amending the unfair commercial practices directive (UCPD) and […]