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WALLESS
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Real Estate

About

Provided by WALLESS

Real Estate Transactions and Development


WALLESS professionals are able to provide a full range of services starting with early-stage measures - project funding, tax structuring, the incorporation of SPVs, acquisition process and continue on to late-stage measures, including after-investment care, project and asset management, transaction and property related dispute resolutions.


Our team helps real estate developers to solve most complicated zoning, planning, land use, or acceptance to use cases, with invaluable experience in solving development related issues even in protected areas.



Deals:

  • Advised Consortium "BERERIX" in fulfilment of public procurement contract worth EUR 430.5 million for building design and construction works of the Rail Baltica Riga railway bridge, earth bank and Riga Central Passenger Station
  • Advised KS Holding in the sale of the shopping centre OZOLS, one of the Top 5 real estate investment transactions in Latvia in 2021 (transaction value over EUR 40 million)
  • Advised VAS “Starptautiskā lidosta Rīga” in conclusion of rights of superficies agreement with the Latvian airline airBaltic for construction of a new aircraft hangar
  • Advised Marijas 2 SIA on development of Novira Plaza, a 7-floor office building at Riga. Total investment amounts to EUR 55 million
  • Advised Lumi Capital on the Acquisition of Shopping Centre Juglas Centrs in Riga
  • Assists TAV Latvia on lease and sublease of commercial spaces in Riga International Airport terminal

Chambers Review

Provided by Chambers

Real Estate - Latvia

3
Band 3

What the Team is Known For

WALLESS is a popular choice for domestic clients carrying out real estate acquisitions and negotiating lease contracts. The lawyers have experience in construction and development projects, including those relating to energy. The practice also handles construction disputes. Its client list includes real estate developers, funds and retailers.

Notable Practitioners

Provided by Chambers

Kristīne Gaigule-Šāvēja
3
Kristīne Gaigule-Šāvēja
3
Band 3
Kristīne Gaigule-Šāvēja advises clients on property development and lease agreements. She is also active in real estate disputes.
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Ranked Lawyers at
WALLESS

Provided by Chambers
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Latvia

Real Estate
Kristīne Gaigule-Šāvēja
3
Kristīne Gaigule-Šāvēja
3
Band 3
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Members

Provided by WALLESS

Andis Ozoliņš

Elza Līva Averčenko

Kristiāns Ančipānovs

Laura Tumiņa

Clients

Provided by WALLESS

Lords LB, East Nine, DEPO, Riga International Airport

Industries

Provided by WALLESS

Real estate development, Real estate operation and management, Real estate investment, Construction, Construction materials manufacturing