TGS Baltic advised Akropolis Group on signing the transaction to acquire one of the largest shopping centres in Riga - Alfa

15.08.2021 TGS Baltic advised Akropolis Group on signing the transaction to acquire one of the largest shopping centres in Riga - Alfa

TGS Baltic advised Akropolis Group, the leading company for the development and management of shopping and entertainment centres in the Baltic States, which acquired one of the largest shopping centres in Riga, Latvia – ALFA, with the total area of 154,000 sq. m.

Akropolis Group has signed a deal with AMD Holding to acquire 100% of the Latvian company Delta Property shareholding. Riga will become the first city where Akropolis Group will manage two shopping and entertainment centres when the transaction is closed.

Partner Dalia Tamašauskaitė-Žilienė, Associate Paulius Dabulskis, Senior Associate Indrė Vickaitė-Liatukė, Partners Andra Rubene, Linda Strause, Associates Aija Kreicberga, Rūdolfs Vilsons, Kaspars Treilibs, Senior Associate Māra Stabulniece-Veldruma, and Associate Mārtiņš Galzons advised the client on all legal issues related to the transaction.