Real Estate Transactions

Real Estate Real Estate Transactions

"TGS Baltic acts on some of the largest real estate transactions in the Baltics." 

Real estate transactions require multidisciplinary expertise, including transaction structuring, tax, regulatory, private equity, financing and M&A knowledge and skills. We provide a single point of contact for all these different issues and ensure comprehensive solutions. Our experts take an active role from the early stages of the transaction in order to identify all relevant issues and propose solutions that are the best fit for each business case.

We step beyond pure legal advice and take an active part in the transaction and project management process. Acting for the best interests of the client, we build an understanding of the values and risk points of the parties involved in order to concentrate the negotiation effort on the key issues. Our real estate expertise extends to development financing, acquisitions, co-investment arrangements, exits, changing of leverage level, workouts, sale and leaseback transactions, and other areas.

We work on a continuous flow of major real estate transactions, both local and cross-border. Our clients include local and international real estate developers, institutional and private equity investors, property owners, joint ventures, and co-investment parties.

Major Deals

  • 14.04.2021

    TGS Baltic advised Evernord Asset Management on establishing a new fund and investing in a real estate object in Riga

    It was our pleasure to advise Evernord Real Estate Fund III, a fund managed by Evernord Asset Management, an investment firm based in Vilnius, Lithuania, on the acquisition of a 65% stake in Novira Plaza, a EUR 55 million worth business centre in Riga.

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  • 30.03.2021

    TGS Baltic advised Moller Real Estate Baltic AS on selling of Audi and Volkswagen dealership buildings in Vilnius

    TGS Baltic represented Norwegian company Moller Real Estate Baltic AS on the sale of Audi and Volkswagen dealership buildings in Vilnius via share deal of 100% of shares in SPV’s. The shares were acquired by the real estate fund UAB Eika Real Estate Fund managed by the management company UAB Eika Asset Management.

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  • 08.02.2021

    TGS Baltic represented real estate company AS Retail Mežaparks in the largest land sale transaction to SIA Plesko Real Estate for the construction of Rimi supermarket.

    TGS Baltic represented real estate company AS Retail Mežaparks in the largest land sale transaction to SIA Plesko Real Estate for the construction of Rimi supermarket.

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  • 07.01.2021

    TGS Baltic represented SIA "GLD Company" in a real estate sale transaction in Mārupe

    TGS Baltic represented SIA "GLD Company" in a real estate sale transaction in Mārupe – one of the most demanded building districts near Riga, capital of Latvia.

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  • 26.08.2020

    TGS Baltic advised Moller Real Estate Baltic AS on the acquisition of real estate in Riga near the Riga International Airport.

    TGS Baltic provided full legal support to Moller Real Estate Baltic AS in the acquisition of a land plot of 2.311 ha in Riga near the Riga International Airport and a former British American Tobacco Latvia office-warehouse building located on it for further expansion of Møller Mobility Group car dealer network.

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  • 15.10.2019

    TGS Baltic – part of the largest office deal in the history of the Baltics worth EUR 156,1 m

    Deka Immobilien, a German real estate manager, acquires from Norwegian Schage Eiendom AS the Quadrum BC in Vilnius, Lithuania. This sale represents the largest office transaction ever in the Baltic region and it is expected to close within about two months, subject to competition authority approval.

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Awards & Recognition

  • Chambers and Partners

    "The team is efficient and well co-ordinated, and always looks at the bigger picture."

    Chambers and Partners
  • Chambers and Partners

    "This department is commended for its work for real estate developers, shopping centre operators and banks."

    Chambers and Partners
  • Chambers and Partners

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

    Chambers and Partners

Team

Key Contacts