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 […]
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 […]
SORAINEN partner Aušra Mudėnaitė has become a member of the board of the Lithuanian Real Estate Development Association (LNTPA). Aušra joined the newly elected LNTPA board, which also includes Robertas Dargis (“Eika”), Vytas Zabilius (“Ober-Haus nekilnojamasis turtas”), Arvydas Avulis (“Hanner”), Kæstutis Kristinaitis (Corporation “Matininkai”), Kæstutis Maksimavièius (“Veikmë”), Gediminas Pruskus (“Inreal valdymas”), Egidijus Damulis (“Selvaag LT”), […]
SORAINEN advised Delta Property on the extension of the Alfa shopping centre in Riga with a total project value of approx EUR 40 million. SORAINEN reviewed and elaborated the construction tender documentation and drafted special conditions under the FIDIC Red Book that were tailored for development of several stages and parallel operation and construction. The […]
SORAINEN Latvia analysed and prepared memorandums on development, management, lease, disposal and construction of real estate for Latvia’s main university. SORAINEN Latvia prepared the memorandums as a strategic plan for the University of Latvia on management of its own real estate portfolio. Memorandums included review of such issues as feasibility of alienating, leasing, renting, managing, […]
