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
  • Bergvik Skog
  • East Capital Real Estate
  • Genscape International
  • Latectus
  • Latio
  • Merks
  • MG Valda
  • Omniva
  • RIMI
  • Saliena
  • Specprojekts
  • Swedbank
  • Valsts vides dienests
  • Water Ser

Experience

Helped a high net-worth individual to buy a luxury villa in resort town Jūrmala worth EUR 6 Mio. Transaction was signed within few days following our involvement and thus required prompt involvement and efficient solutions.

Helped Air Baltic Corporation AS to buy an aircraft maintenance hangar in Riga airport.

Aided Briežu Invest SIA in respect of two apartment building projects “Liepziedi” and “Tuvidi”. We drafted the construction and financing agreements and various amendments thereto. We helped the client to terminate an insolvent construction company and signing a of new one for remaining works.

Assisted East Capital Real Estate AS, a part of the largest Nordic private equity fund from Sweden – East Capital, to sell an office building in downtown Riga to SG Capital Partners Fund I KS.

We assisted RB Rail, a greenfield rail transport infrastructure company established by governments of Latvia, Estonia and Lithuania to integrate the Baltic States in the European rail network, in reviewing FIDIC Contract and assessing its compliance with Estonian, Latvian and Lithuanian law.

Assisted East Capital Real Estate AS, a part of the largest Nordic private equity fund from Sweden – East Capital, in buying two newly-built warehouse buildings.

Assisted Medkoe OU, a laboratory furnisher, in negotiations and drafting of a sub-contracting agreement with LNK Industries AS, which was the main contractor in the construction of an academic centre for the University of Latvia.

Assisted East Capital Real Estate AS, a part of the largest Nordic private equity fund from Sweden – East Capital, in buying shopping centre ‘Galleria Riga’.

Advising NCC Property Development on various tax issues involving re-organizations of NCC group companies and transfer of losses in a tax efficient way.

Preparing a real estate lease agreement for Valmieras stikla šķiedra AS, a listed Latvian company – global leader in fibre glass production.

Key Contacts

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

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