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 are advising the world’s leading bicycle company, Pon.Bike, on the construction and opening of a new factory in Kėdainiai, Lithuania. The new factory will be able to scale up to an annual production capacity of 600,000 bikes and will be equipped to produce bikes for brands such as Gazelle, Kalkhoff, FOCUS and Urban Arrow. […]
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 […]
Nine partners from three different countries joined the Sorainen partnership at the beginning of the year. This new wave of leaders will strengthen six of our international teams: Dispute Resolution & Risk Management, Corporate and M&A, Finance & Insurance, Tax, Real Estate & Construction, and Competition & Regulatory. The new partners include five Lithuanians, two […]
Sorainen team is advising Nordic Investment bank, an international financial institution; and Citadele banka, one of the leading banks in Latvia, on providing financing to AS PN Project, a company managed by Lords LB Asset Management, for construction of an office complex certified excellent by BREEAM in Riga (Project). Our involvement We performed legal due […]
