Real Estate & Construction

Who We Are

Our experience in real estate is leading edge. We can cover all aspects of transactions, tax and disputes. Construction work mostly relates to new construction projects and FIDIC disputes. Among our clients are the largest real estate developers and major construction companies.

Practice In Detail
  • Commercial Lease
  • Commercial Real Estate
  • Construction
  • Construction Contracts
  • Construction Disputes & Litigation
  • Detail Planning
  • Developments
  • Environmental Risk Assessment
  • FIDIC, YSE
  • Forward funding
  • Greenfield Investments
  • Infrastructure projects
  • Investment & Development
  • Office & Retail Lease
  • Option agreements
  • Planning & Zoning
  • Real Estate Disputes & Litigation
  • Real Estate M&A
  • Real Estate Project Finance
  • Zoning & Planning
Clients
  • AirBaltic
  • BAO
  • East Capital Real Estate
  • Egis Rail
  • Estera Development
  • Genscape International
  • Latectus
  • Latio
  • Merks
  • MG Valda
  • Omniva
  • RIMI
  • Saliena
  • Specprojekts
  • Swedbank
  • Valsts vides dienests
  • Water Ser

Experience

VILGERTS assisted Summus Capital OÜ with the issue of unsecured bonds in the amount of EUR 10 million, arranged by Signet bank.  Summus Capital OÜ, established in 2013, is an Estonian-based investment company which has diversified commercial real estate portfolio in the Baltics. The group possesses a portfolio of cashflow generating commercial real estate properties in the retail, office, logistics and medical segments. The VILGERTS team included managing partner, Gints Vilgerts and senior associate, Kristīne Mora.  Other lawyers involved, included Kaido Loor.

Successfully advising and representing Merks SIA against Riga Airport in a lengthy construction dispute.

Advising Summus Capital OU and Mirrow Institute OU in the acquisition of “Riga Plaza”, a shopping and entertainments center, as well as receiving EUR 40 million in financing from Luminor banka.

Provision of legal assistance and representing property development company that focuses its operations in Riga in court proceedings and arbitration proceedings concerning non-performance of contractual obligations by a bank and liability thereof.

Assistance to the Client in connection with the sale of the Clarion Hotel in Riga.

Advising Egis Rail SA in connection with an agreement concluded with Rail Baltica, as well as agreements with subcontractors and joint venture partners

Advising Estera Development in obtaining a loan from Blue Orange bank for the construction of an apartment block.

Advising LATIO in connection with the organization of PNB bank real estate auctions over the Internet

Legal assistance to Latio - the leading company in the real estate market - with the preparation of the rules of the real estate auction site.

Continuous support to Valdemara Holding SIA, a part of Collonna group from Estonia, with corporate matters regarding their investments into Latvian real estate.

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