Linstow, leading shopping center developer and manager in the Baltic states, has expanded its real estate portfolio by acquiring real estate of complex composition (several separate buildings and a site exceeding 3 hectares) in Riga, near Alfa Retail Park. The real estate was acquired for future commercial development purposes. The value of the deal exceeded […]
Sorainen advised the Latvian subsidiary of Antalis, a leading global paper and packaging distributor operating in over 43 countries, in the sale and leaseback of an industrial plant located in Latvia, with an approximate transaction value of 4 million EUR. Sorainen advised the client through drafting the real estate sale and lease agreement, negotiations between […]
International automotive group Inchcape Motors acquired the assets of United Motors, becoming the exclusive distributor for BMW Group in Estonia. The business acquired serves customers of BMW Group and KIA, employing more than 90 people at retail sites in Tallinn, Tartu, Pärnu and Kohtla-Järve. The transaction received approval of the Estonian Competition Authority in June. […]
Sorainen advised Regus on leasing office premises with an area of 1,200 m2 at the Park Town business centre developed by MG Valda. Regus is the world’s largest provider of flexible workspace solutions, with a network of 3,000 locations in over 1,000 towns and cities, across more than 100 countries, serving 2.3 million members. Regus […]
Deals & Cases
Sorainen advised CPA®:17 – Global on the acquisition of a majority position in a joint venture with real estate investment vehicle “Baltic Retail Properties”. The portfolio includes eighteen retail stores and one logistics facility in locations throughout Lithuania, Estonia and Latvia. The assets are leased on a long-term basis to Kesko Senukai, a leading Do-It-Yourself […]
