Development & Regulatory

Real Estate Development & Regulatory

"This regional firm maintains strong Baltic coverage and presence in the market." 

Development and construction is the most complex and technically challenging phase of the real estate property life cycle. It is a highly regulated process involving interaction with state and municipal institutions. The successful handing of such projects requires a coordinated effort by all project participants as well as an understanding of business with strong experience in project management, technical matters, and legal issues.

We guide clients through this complex process and identify the milestones and risk points in order to make timely preparations for risk management solutions and measures.

We provide services related to property development projects, helping with matters like land acquisition, zoning procedures, obtaining construction permits, construction, and all required communications with state institutions.

Over more than 20 years, we have served numerous developers, strategic investors and infrastructure operators. We have assisted them with major infrastructure projects, complex zoning and regulatory matters, and greenfield developments.

Our clients include major state institutions; state and private infrastructure companies in the energy, utility, transport and other sectors; investors and developers in the renewables sector; and private real estate developers, private equity investors and other types of investors.

Major Deals

  • 26.10.2021

    TGS Baltic advised ALTUM Capital Fund on a EUR 10 million loan to hygiene product manufacturer iCotton.

    TGS Baltic advised ALTUM Capital Fund on a loan of EUR 10 million to the eco-friendly hygiene product company iCotton, which employs 800 people at the group's plants in Latvia and Poland and had a turnover of EUR 80 million last year.

  • 14.02.2019

    TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai

    TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai, on selling the S7 office complex to Eastnine, a Swedish investment company. The transaction is a record transaction in the office real estate segment in the Baltic States and by far the largest acquisition of commercial real estate in recent years.

  • 01.01.2014

    Northway Group Unique and Long-Term Legal Solutions

    TGS Baltic is the main legal advisor of Northway Group, which consists of 11 companies dealing in pharmacy and biotechnologies, provision of health care services and investments.

  • 01.01.2014

    After the serious fire case in summer 2013 reconstruction and renovation works in the Riga Castle continue

    TGS under leadership of its partners Linda Strauase and Ivars Grunte provides full scope legal assistance to the state owned company Valsts nekustamie īpašumi (State Real Estate), the manager of the state owned real properties, with respect to the fire which took place on 21 June 2013 in the residence of the President of the State - the Riga Castle during the reconstruction and renovation work.

  • 01.01.2013

    Legislation for European Railway Project RAIL BALTICA

    TGS Baltic advised the Lithuanian railway company AB Lietuvos Geležinkeliai and, under its assignment, drafted the laws required to duly implement the 1.5-billion-euro RAIL BALTICA project to link Finland, the Baltic countries and Poland and improve European railway connections.

  • 01.01.2013

    LNG Terminal Development – One of Lithuania's Most Significant Energy Projects

    TGS Baltic has acted as the principal legal adviser to AB Klaipedos Nafta on a 700-million-euro project to develop a Liquefied Natural Gas (LNG) terminal, marine infrastructure and gas pipeline – Lithuania's largest strategic investment project to date.


Awards & Recognition

  • Legal 500

    TGS Baltic's real estate team “is a regular on prominent transactions”. It “has a strong energy focus and advises on territorial planning, investment projects, construction, and due diligence”.

    Legal 500
  • Chambers and Partners

    “This firm is valued for its ability to answer all the client's needs and find the most favorable solutions. […] It is active in the complete range of real estate matters.” 

    Chambers and Partners


Key Contacts