Walless has advised KS Holding on the sale of the Ozols shopping center, located in Riga, to Titanium Baltic Real Estate. Sorainen advised Titanium Baltic Real Estate on the deal.
Titanium Baltic Real Estate is a Finnish special mutual fund.
KS Holding is a real estate company co-owned by Kesko, Arturas Rakauskas, and Zabolis Partners.
According to Walless, the shopping center has approximately 27,000 square meters of gross leasable area and was reconstructed by the developer in 2018-2019.
Walless’ team included Partners Kristine Gaigule-Saveja and Indre Jonaityte-Grice and Associate Baiba Krievina Sutora.
Sorainen’s team included Managing Partner Eva Berlaus, Partner Rudolfs Engelis, Counsel Janis Bite, Senior Associates Maris Simulis and Andris Vilisons, Associates Ieva Zarina and Julija Terjuhana, and Assistant Lawyer Julija Triscuka.