Sorainen has advised Hili Properties on its acquisition of SIA Tirdzniecibas Centrs “Dole” from AMD Holding. The target company is the owner and operator of the Dole shopping center in Riga, which has a total leasable area of 8,000 square meters.
Sorainen reports that Hili Properties is "part of Hili Ventures, a diversified business holding listed on the Malta Stock Exchange and which operates McDonalds restaurants in Latvia, amongst other interests."
Sorainen's team consisted of Latvia Managing Partner Eva Berlaus, supported by Senior Associate Renate Purvinska and Associate Liva Aleksejeva.
Editor's Note: After this article was published CEE Legal Matters learned that Ellex Klavins, working with Simpson Thacher & Bartlett, had represented AMD Holding. The Ellex team consisted of Senior Partner Raimonds Slaidins, Senior Counsel Iveta Ceple, and Senior Associate Anna Misneva.