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.