Book on Real Estate M&A in Latvia

Have an insight on the Latvian Real Estate market, including recent market activity, legal framework and most commonly used deal structures, and also general insight into tax considerations in the latest edition of the Real Estate M&A and Private Equity Review, a chapter on Latvia contributed by VILGERTS lawyers Gints Vilgerts and Linda Bērziņa.

To sum it up, the Latvian real estate market is a traditional market with standard transactions, and in recent years, market activity has been stable with some globally recognised investors entering the market for the first time. Because of high real estate transfer tax, most high-value transactions are engineered as sales of shares after an in-kind investment of the real estate into the share capital of the target company. Read the chapter about Latvia here.

by Gints Vilgerts, Partner, M&A, Latvia

Related Lawyers

Gints Vilgerts

Partner, M&A

+371 29 107 768

gints.vilgerts@vilgerts.comEmail

Vairis Dmitrijevs

Head of M&A

+371 29 258 370

vairis.dmitrijevs@vilgerts.comEmail

Related Experience

Providing legal assistance to one of the largest Latvian glass manufacturers in a cross-border dispute with Italian company regarding the delivered goods. On 26 June 2019 the court satisfied client’s request to ensure the claim by seizing the debtor’s financial means in Italy.

Representing a marine insurance company in litigation against a Latvian retailer regarding the retailer’s failure to pay for the delivered goods according to United Nations Convention on Contracts for the International Sale of Goods.

Representing a Latvian top 15 company in an ongoing collective dispute with several trade unions. The dispute concerns the interpretation of the rules that determine the amount of compensation that employees may claim in case of business trips or work travel trips.

Representing the client before the State Employment Inspectorate regarding alleged discrimination of employees on the grounds of family status. The case shall clarify, whether employees must issue health insurance to employees, who are on parental leave.

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