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Ellex Klavins Advises Eastnine on Acquisition of Plot in Riga

Ellex Klavins Advises Eastnine on Acquisition of Plot in Riga

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Ellex Klavins has advised Eastnine AB on the acquisition of an 11,500 square meter land plot in Riga from the MCity real estate development company.

Eastnine is a Swedish real estate company with a property value of EUR 203 million and a net asset value of EUR 249 million.

The Ellex Klavins team included Partners Ivars Pommers and Inita Jurka, Senior Associate Anete Dimitrovska, and Associates Ineta Kanepe and Zane Miglane.

Ellex Klavins previously advised Eastnine on a EUR 25 million acquisition of the Valdemara Centrs office building in Riga from Capital Mill (as reported by CEE Legal Matters on October 10, 2019).