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Ellex Klavins and Sorainen Advise on Acquisition of Galerija Centrs Shopping Center in Riga

Ellex Klavins and Sorainen Advise on Acquisition of Galerija Centrs Shopping Center in Riga

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Ellex Klavins has advised Baltic Horizon on the EUR 75 million acquisition of 100% of the shares of Tampere Invest SIA, which owns the Galerija Centrs shopping center in Riga, from Linstow AS. Sorainen advised Linstow AS.

The Galerija Centrs shopping center is a five-floor complex with a net leasable area of 20,073 square meters. Baltic Horizon Fund is a regulated closed-end contractual investment fund registered in Estonia and managed by Northern Horizon Capital AS, a subsidiary of the Northern Horizon group.

The Ellex Klavins team was led by the Counsel Ivars Pommersand and included Partner Inita Jurka and Associates Anete Dimitrovska, Marta Cera and Ineta Kanepe.

The Sorainen team was led by Senior Associate Renate Purvinska and included Partners Eva Berlaus, Lelde Lavina and Janis Taukacs, and Senior Associates Aija Lasmane and Jorens Jaunozols.

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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