The Cobalt real estate and construction team is involved in some of the largest cases in the region. The team has been engaged throughout a public procurement process and contract stage for the construction of Rail Baltica’s mainline in Latvia. The experienced group shows a breadth of knowledge, frequently working for clients active in the infrastructure and construction, retail, renewable energy, aviation, and manufacturing industries. The head of the team is Dace Silava-Tomsone, who has considerable experience working in real estate and construction law. Key support is provided by Gatis Flinters, who has notable experience working on infrastructure and energy development projects, and Artūrs Valderšteins, a specialist in zoning, planning, and permitting matters.
Real estate and construction in Latvia
Cobalt
Praxisleiter:
Dace Silava-Tomsone
Weitere Kernanwälte:
Gatis Flinters; Artūrs Valderšteins
Kernmandanten
AFI Investments SIA
AirBaltic Corporation AS
Astor Group
Baltic Green Investments
Baltic RE Group
Consolis Latvija SIA
Corum Asset Management
Eiffage Genie Civil
Hepsor Latvia OÜ
I Asset Management
Invego
Kapitel SIA
Latvenergo AS
Lidl Latvia SIA
Linstow group
NDX Group
Swietelsky AG
VPH group
Volvo Truck Latvia
Workland Latvia SIA
Highlight-Mandate
- Advised E.R.B. Rail JV PS on the public procurement process and during the contract implementation stage for the construction of the Rail Baltica mainline in Latvia.
- Assisting Eolus SIA with the development and construction stage of three major green-field wind farm projects in Latvia with the total estimated capacity of 200MW.
- Advised Air Baltic on the construction and development of its Maintenance Repair & Operation hub at its home base, Riga International Airport.
Ellex
Ellex‘s real estate team engages with a wide range of matters; transactions, developments and construction, lease and management issues, territory planning and zoning, environmental issues, and real estate litigation. The firm operates in various industries, such as agriculture, retail, forestry, insurance, logistics, and energy. Ivars Pommers has a wealth of experience in all aspects of real estate, construction, and environmental law, with recent involvement in restructuring and real estate transactions with a special focus on tax-structuring aspects. He heads the practice with key support from the talented Ilga Gudrenika-Krebs, who regularly assists clients with transactional and developmental real estate issues in a range of industries.
Praxisleiter:
Ivars Pommers
Weitere Kernanwälte:
Ilga Gudrenika-Krebs
Kernmandanten
Blackstone
IKEA Latvian franchise holder SIA Paul Mason Properties/SIA Verus Praedium
Eastnine
VIG Fund
Swedbank AS
Luminor
Bonava
YIT
Orkla
Kesko
VMG Group
Jysk
SUPPA Advisers
Ingleby Latvia Agro, SIA
BTA Baltic Insurance Company
Sportland
Lords LB Asset Management
SG Capital
Capitalica Asset Management
Northern Horizon
Hanner
Estera Development
Vilvi Group
SPI Group Companies
Pillar
New Century Holdings
Itella
Wilo
UCB
Amber Beverage Group
UAB “SIRIN Development”
Ramboll
Enefit Green
FactSet
EestiGaas
Ingka
Highlight-Mandate
- Advising Lords LB on the development of the largest multifunctional office/retail/hotel development Preses Nama Kvartāls in Riga.
- Advising “Merito Sustainable Energy FUND I”, founded by the investment company Merito Partners and its partner, in the development of several solar energy parks in Latvia.
- Advising agricultural Services Cooperative Society LATRAPS on the development of ASNS Ingredient pea protein isolate plant in Jelgava.
Eversheds Sutherland Bitans
Eversheds Sutherland Bitans's team is an experienced outfit, with the knowledge to advise clients at every step of real estate and construction projects. Project development, regulatory framework, legal due diligence, share purchase agreements, processed permits, and prepared construction agreements are all part of its offering. The firm is engaged with a mixture of contentious and non-contentious work across a variety of sectors, such as renewable energy, retail, and real estate management. Leading the practice is the ‘professional, responsive, and engaged’ Ilze Kramiņa, who has particular expertise in the real estate development market. Key support is provided by Ginta Krūkle and Laima Eglīte.
Praxisleiter:
Ilze Kramiņa
Weitere Kernanwälte:
Ginta Krūkle; Laima Eglīte
Referenzen
‘I have collaborated with both Ilze Kramiņa and Laima Eglīte and highly value their professionalism, and problem-solving skills and aim to find the most effective solution. I appreciate their high-level expertise in the field of spatial planning and construction regulations, including specific aspects. I consistently choose to work with Ilze and Laima because of these qualities and the outstanding service they deliver.’
‘The team is competent and approaches tasks with the utmost care and thoroughness. They are responsive and accommodating even when the deadlines are very tight.’
‘Ilze Kramiņa and Laima Eglīte are professional, responsive, and engaged; easy to communicate with. They have a deep understanding of the specific areas in which we seek their assistance.’
Kernmandanten
Ignitis renewables, UAB
Enery Latvija
Kaamos Group
Valsts nekustamie īpašumi, JSC
LiveOn group of companies
Cesu7 SIA
Salaspils Municipality Council
Matisa 52
Riga Universal Terminal
Vitol Terminal Latvia, LLC
SIA Hove
Latvijas Valsts radio un televīzijas centrs, VAS
Grupa93, SIA
ENERGO WIND
BM Holding SIA
RODINA EUROPE SP Z O.O.
Highlight-Mandate
- Advised “Ignitis Renewables” on their acquisition and development of the three largest solar projects in Latvia in a EUR178m investment.
- Represented a leading local construction company Velve SIA in their EUR9m dispute with one of the largest hospitals in Latvia regarding construction contract termination and related court proceedings.
- Assisting Rolls-Roice Solutions GmbH with two multi-million EUR battery storage construction projects for the Latvian transmission system operator.
Sorainen
The team at Sorainen boasts a reputable real estate and construction team, with engagements on both a local level and across the Baltics. The firm has been involved in projects surrounding the retail, transport, engineering, and IT industries. The talented Lelde Laviņa, the ‘highly skilled’ Jorens Jaunozols, and Jānis Līkops, who joined the team from FORT in April 2024, lead a ‘great team that knows the industry and is ready to find solutions’.
Praxisleiter:
Lelde Laviņa; Jorens Jaunozols; Jānis Līkops
Referenzen
‘Always on time and ready to answer and find a solution to each problem that the renewables energy sector faces.’
‘Great team that knows the industry and is ready to find solutions.’
‘Jorens Jaunozols – highly skilled partner, working with the largest clients in the market. Lelde Laviņa – has served many largest transactions in the market.’
Kernmandanten
Rimi
RB Rail
Linstow
Vastint
Riga International Airport
Berenberg
Mudia
Tietoevry
LNK group
YIT
Hesburger
Ignitis
Red Cross of Latvia
Rotermann
Capital Mill
Pro Bro Group
Highlight-Mandate
- Advising Rimi Baltic on selling logistical and office centre in Riga.
- Advising RB Rail on the design and building contracts for ENE and CSS subsystems.
- Assisting Vastint (a part of the Vastint Group, an international real estate organisation) with its development and operation of two major real estate projects in Latvia – Business Garden Riga (a new office campus with over 14,000 sq.m of offices) and Magdalena Square (a mix of office and residential buildings in the centre of Riga).
TGS Baltic
The team at TGS Baltic is home to ‘great professionals’ who ‘specialise in large-scale real estate investment-development projects’. The practice is active in transactions, and frequently advises on real estate acquisitions in the energy market, as well as providing strategic support for complex infrastructure projects, navigating regulatory landscapes, and ensuring compliance. Working across the sector, they have evidenced experience in the renewables, architecture, and logistics industries. Leading the team is the ‘truly exceptional’ and ‘very efficient’ Linda Štrause, with key support provided by Agnese Hartpenga, who has exceptional experience in large-scale, complex cases and extensive knowledge of the Latvian energy market.
Praxisleiter:
Linda Štrause
Weitere Kernanwälte:
Agnese Hartpenga
Referenzen
‘TGS baltic has a wide range of professionals.’
‘The team has broad experience, effectively combining essential elements from different areas of law. This requires a deep understanding of the client’s business incentives. TGS has been a significant support in helping us navigate these aspects. They have also been instrumental in educating us about the new market, providing valuable contacts, and at times, even opening the necessary doors for us.’
‘Linda Štrause is the responsible partner and is truly exceptional. Her knowledge, business understanding, project management skills, and communication abilities are outstanding. She is adept at handling complications and tense situations in transactional matters, often delivering results from unlikely situations involving municipalities or utility network owners. She has a deep understanding of the high value of time in our field and is committed to working around the clock when necessary.’
Kernmandanten
Fibenol OU
“SARMA & NORDE Arhitekti” SIA
Imanta Ziedoņa fonds “Viegli”
Invego OU
Pamica Group AB
NPD Logistics Solutions SIA
HOST Latvia SIA
SOS Children’s Villages Latvia
Kauno Tiltai AB
Enersense SIA
Lielais Lauks SIA
DARDA SIA
University of Latvia
Hansa Holiday SIA
EDEN SPRINGS LATVIA SIA
Flebomedika SIA
Latgran SIA
Maxima Latvia SIA
Cryogas M&T Poland S.A.
MOLLER REAL ESTATE BALTIC AS
SCHWENK Latvia SIA
Highlight-Mandate
- Assisting Fibenol with the development of a first of its kind commercial-scale biorefinery plant in Latvia.
- Assisted a client with an asset deal with the acquisition of two biogas CHPs along with associated land with the aim to reconstruct into bio-LNG stations.
- Represented the client’s interests within a construction project, in which the delivery and installation of the system of inertial equipment for the construction of the sub-station “GROBIŅA” was carried out.
VILGERTS
VILGERTS‘s real estate and construction team is involved in a range of matters across the market, working on development projects, commercial lease issues, and disputes, acting as a collateral agent, and handling M&A-related real estate advisory work. The team is led by Gints Vilgerts, whose practice focuses on all aspects of M&A, real estate, and complex commercial dispute cases. Alongside this work, he has guest lectured at the Riga Graduate School of Law and the Rigs Business School.
Praxisleiter:
Gints Vilgerts
Kernmandanten
Air Baltic Corporation
BAO AS
Bauroc SIA
Colonna
East Capital Real Estate
Estera Development
The State Environmental Service of the Republic of Latvia
LATIO SIA
Marijas 2 SIA
Merks
Omniva
Rimi
Stenders SIA
VGP
Zenith Capital Management
Highlight-Mandate
- Advising Merks SIA, a construction company and property developer, on all of its major construction disputes.
- Advising East Capital Real Estate Fund IV on the various legal aspects of its acquisition of 100% of the shares in Deglava Real Estate SIA which owns a modern 94,000 square meters logistical and office center in Riga.
- Advising the developer of the LEED Gold office center Novira Plaza on all legal matters related to numerous lease contracts regarding the new office center.
WALLESS
The real estate and construction team at WALLESS is an experienced group dealing with transactions and developments. The team offers a full range of services for corporate real estate investors, from early-stage project funding and tax restructuring, to later-stage project and asset management, and ongoing related disputes. The team is led by Kristīne Gaigule Šāvēja, who brings experience and in-depth knowledge in construction-related issues, particularly structuring real estate transactions and real estate development projects.
Praxisleiter:
Kristīne Gaigule-Šāvēja
Kernmandanten
Elfa Distrelec
Latvenergo AS
NCH Baltics Opportunity Fund I AIF
Baltic Horizon Fund
Capitalica Asset Management
Bonava Latvija SIA
INDEXO AIFP SIA
Highlight-Mandate
- Advised AS Latvenergo on the acquisition of six solar power plants.
- Advised Baltic Horizon Fund on a premises lease agreement with Latvian State Police.
- Advised Bonava Latvija SIA on the development of residential buildings in Riga.
Kronbergs Cukste Levin
The Kronbergs Cukste Levin's real estate team is active in the real estate market, assisting numerous private owners in the sale of real estate, both in Riga and elsewhere in Latvia. The team works across the breadth of the sector, with matters in healthcare, sports, and entertainment. Practice head Valters Kronbergs is an experienced lawyer, with well-evidenced cross-border experience.
Praxisleiter:
Valters Kronbergs
Kernmandanten
Forma SIA
Wildeman Group BV
ZUE Group
Liga Lielaisramane
Fairwind
Lote Tisenkopfa-Iltnere
Kristine Kurma
Ilona Butane
Canadian Armed Forces
Forma 2
Hausers
Jurmalas Businesa Centrs
Estate Guru
Nora Lukss
SIA Raxti
Ministry of Health
Riga Stradini University Hospital
Riga Technical University
RB RIX Engineer PS
InterTrust
White Cryption
Skonto Buve
AVON
JSC Latvian Railways
Mara Adams
LION RE
Franzoni & Co
Microsoft
OÜ Baures
Peek & Cloppenburg
ISMS Limited
European Railway Lines
SIA Ambient Home
DHL
Tenax
Electrolux
Avesco
OTCF
Linstow
SIA Karlsberg
Highlight-Mandate
- Supported Riga Technical University with a legal opinion on liability of construction company (and other parties involved in the design and construction) and RTU officials and employees for delays in construction of University campus buildings and loss of related EU financing.
- Represented Solonaris, the German investment group, in the real estate acquisition of a factory and adjacent land in Limbazi, Latvia, from Industra Bank.
Šķiņķis Pētersons
Šķiņķis Pētersons is a boutique firm specialising in court proceedings before the constitutional court and the administrative courts. The firm’s expertise covers construction proceedings and spatial planning matters contested before the constitutional court. The joint leadership of Matīss Šķiņķis and Mārtiņš Pētersons brings vast experience in construction developments and projects, as well as litigation in real estate disputes.
Praxisleiter:
Matīss Šķiņķis; Mārtiņš Pētersons
Referenzen
‘Boutique bureau, enthusiastic team, innovative solutions.’
‘Matīss Šķiņķis and Mārtiņš Pētersons – always ready to jump into the unknown and find a solution for even the most tangled situation.’
‘Firm’s lawyers are experts in administrative and constitutional law litigation. It also includes spatial planning and construction permit disputes. We are not aware of other firms that can provide the same expertise in these matters.’
Kernmandanten
Energiapartners
Gren Latvia
EKO Ziemeļi
NGO Zaļā brīvība
Rimi Latvia
Vides Resursu Centrs
Latvijas Propāna Gāze
Inhabitants of Āgenskalns, Rīga
Energoremonts Riga
Rimi Latvia
Highlight-Mandate
- Represented Rimi Latvia successfully in a court dispute against a neighbour, which allowed the opening of shopping mall “Aleja”, one of the largest Rimi shopping malls in Latvia.
- Represented construction company UPB successfully in legal proceedings related to an incident at a construction site initiated by an individual who filed a claim for recovery of losses.
- Representing Bite Latvija and other telecommunication companies in disputes related to the spatial plan of the city of Riga that restricts the use of overhead lines in the historical center of Riga.
Magnusson
Magnusson has a real estate team that provides advice to commercial and residential property owners, tenants, and representative customers on complex property negotiations and litigation. The practice is chaired by Matīss Rostoks, with key support from Artūrs Ševčuks.
Praxisleiter:
Matīss Rostoks
Weitere Kernanwälte:
Artūrs Ševčuks
Kernmandanten
Aironi
CFO Prime CR Ltd.
SIA NAOO Investments
SIA BN 22
Three L Technologies
Melnsila Street flats property community
Corvus company
SIA Demontāža
Eikos Statyba
Jadis
Firma L4
Vetklīnika 24
Kaaber
Kvites arhitekti
Mustad
SIA Tolmets
SIA Rags
Kukelis Capital
Ceļinieks 2010
Deksni
SIA Valdmanis
SIA Sunstone Realty
SIA PINE HOME AD
SIA AB Clausen Latvia
NJORD Law Firm
NJORD Law Firm‘s real estate department evidences a strong ability to advise clients on all of their non-contentious and contentious real estate mandates, engaging in the agriculture, logistics, and entertainment sectors. The practice is spearheaded by Dmitri Kolesnikov.
Praxisleiter:
Dmitri Kolesnikov
Referenzen
‘I have been working with the lawyers from NJORD for more than 25 years. The whole time, they have managed to cover all my needs in legal advice: real estate sale and purchase transactions, corporate matters, representation in courts, tax and employment cases. I fully rely on their advice.’
‘My main contact in NJORD is a partner Dmitri Kolesnikov, I work with him mainly on real estate and corporate matters, moreover, he provides general legal advice and connects me with the right specialist in NJORD who handles my case.’
‘Dmitri Kolesnikov is always available; I think this is very valuable.’
Kernmandanten
UNIVER SIA
SG Jurmala Estate SIA
SIA Plienciema 16
PL Holding GmbH
AVESTS SIA
Ropejumping.lv SIA
BAJĀRU 59
PILGAARD SIA
Luke Taylor Havens
GPPL SIA
Highlight-Mandate
- Advised AVESTS SIA on the acquisition of the lease rights to a land plot owned by the local authorities.
- Advised SG Jurmala Estate SIA on the sale of a residential development project in Jurmala.
- Advised Plienciema 16 on warehouse and office premises lease agreements.