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Riga Plaza transaction Shortlisted for the 2020 CEE Deals of the Year ...

by Charles Clarke, Expert Counsel, Latvia

VILGERTS is proud to announce, on March 4, 2021 the Riga Plaza Shopping Mall transaction (in which VILGERTS acted for the buyer) is shortlisted for the 2020 CEE Deals of the Year Awards. In December 2020, Summus Capital OU and...

Gints Vilgerts invited as juror for 2020 CEE Deal of the Year Awards

by Gints Vilgerts, Managing Partner, Latvia

Gints Vilgerts has been selected as a juror for the 2020 CEE Deals of the Year Awards — the most prestigious and sought-after peer-selected awards for the legal industry in Central and Eastern Europe. The CEE Deals of the Year...

State aid Temporary Framework: EU Commission approves extending and ex...

by Charles Clarke, Expert Counsel, Latvia

On 28 January 2021, the European Commission announced its decision to extend the validity of State aid Temporary Framework rules, as well as the previous scope to assist the European bloc in its fight against the ongoing economic strains caused...

State aid Temporary Framework rules: EU Commission approves Covid-19 s...

by Charles Clarke, Expert Counsel, Latvia

The European Commission has approved a EUR 5 million Latvian aid scheme whereby organizers of cultural events in Latvia affected by the coronavirus pandemic can receive state support.  The European Commission concluded the scheme was in line with the conditions...

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Related Experience

Advised Summus Capital OÜ, a leading Baltic real estate investment holding group, on the completion of its buy-out of Mirrow Institute OÜ from LSREF3 Riga Plaza SIA, one of the largest shopping malls in Riga with NLA more than 50,000 m2 .

Konsultēja Baltijas vadošo nekustamo īpašumu investīciju holdinga grupu Summus Capital OÜ par Mirrow Institute OÜ izpirkšanas pabeigšanu no SIA LSREF3 Riga Plaza, viena no lielākajiem tirdzniecības centriem Rīgā (NLA vairāk kā 50 000 m2).

Advised BPM Capital OÜ on its mezzanine loan financing to Digital Mind AS for the acquisition of Lithuanian IT company Alna.

Advised Summus Capital OÜ, a leading Baltic real estate investment holding group, in relation to its legal due diligence and transaction documents for the acquisition of RCH Management SIA, the owner of shopping mall Damme (total area 16,000 m2) in Riga, Latvia.