Latvia - Real Estate Lawyers & Law Firms - Europe | Chambers and Partners
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Europe Guide

Real Estate — Latvia


COBALT - Real Estate

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Band 1

第一等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Dace Silava-Tomsone
- 3 partners
- 8 other qualified lawyers

What the team is known for Outstanding practice with a full-service real estate offering. Solid track record in large-scale real estate development and construction mandates, spanning areas such as residential, renewable energy and retail. Also active in acquisitions and disposals of property and land, including due diligence, as well as real estate share deals and complex disputes. Popular with domestic and international commercial property developers and investors.

Strengths Sources are impressed with the firm's level of client service, saying: "What differentiates COBALT from other offices is that the lawyers are very quick and still maintain very good quality."

Clients are confident that they can "totally rely on their expertise, forget about co-ordination issues and save a lot of time."

Work highlights Advised Geneba Properties, in co-operation with its Lithuanian and Estonian offices, on the sale of its Baltic-wide real estate portfolio to Laurus.

Advised Eolus SIA on the development of a wind farm with an estimated capacity of 80 MW.

Significant clients Acme Corporation, AFI Europe, Latvenergo, Linstow, Nordkalk.

Notable practitioners

Managing partner Dace Silava-Tomsone is recognised for her vast experience in the market, leading the team on real estate construction projects and complex disputes. One client enthuses: "She is the best - she is practical and responsive." She offers additional expertise in real estate M&A. Further sources admire her "knowledgeable, experienced and logical" approach.

Guntars Zīle advises clients on real estate development projects and provides support in acquisitions of real estate. Interviewees describe him as "informed, logical and nice to communicate with."

Department profile by COBALT

COBALT’s highly experienced and effective real estate team achieves time and cost efficiency in relation to routine matters such as real estate purchase or lease deals, registration arrangements, and obtaining of permits.

Our deep expertise and extensive resources ensure solutions for large-scale cross-border transactions that involve due diligence, ownership and tax planning, as well as financing for asset and share deals.

Our locally unique expertise in the industrial construction projects and in representation in complex real estate disputes (e.g., 25 years of experience acting as counsel in the projects for construction of power plants and handling some of the largest and most high profile construction disputes in the country).

Strong position in advising commercial property developers in Latvia (acting for some of the largest developers on the market: Linstow, AFI Europe, Akropolis, etc.)

Strong government relations practice offering lobbying and legislative drafting capacities unmatched in Latvia.

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Ellex Klavins - Real Estate

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Band 1

第一等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Ilga Gudrenika-Krebs
- 3 partners
- 6 other qualified lawyers

What the team is known for Leading transactional practice with particular strength in real estate asset and share deals, including major cross-border mandates. Offers comprehensive support in asset acquisitions and disposals. Advises on lease agreements and development issues, and represents clients in contentious matters. Recent experience in the office, retail and agricultural sectors. Acts for a diverse client base featuring leading investment funds and corporates from a range of industries. The team has been strengthened by the firm's merger with Glimstedt & Partners in February 2017 that added a ranked partner.

Strengths Clients praise the firm's performance, observing: "It provides fast responses with good knowledge of the possible risks during and after a deal."

A further source notes: "The firm is really great; the advice is very practical and quite flexible."

Work highlights Advised Blackstone on the acquisition of a real estate portfolio in Latvia from Obligo Investment Management, including related financing issues.

Advised Mežaparks SPV on its EUR21.5 million share sale of Biroju Centrs Ezerparks with respect to the sale of the State Revenue Services building to the State Real Estate Agency.

Significant clients Avoni Technology, airBaltic, Jeld-Wen, Zabolis Partners, Allnex.

Notable practitioners

US-qualified Filips Kļaviņš is recognised as "very experienced and very good in the representation of the client." He offers expertise in acquisitions, disposals and lease matters. He recently advised Ingleby Latvia Agro on its acquisition of agricultural land in Latvia, including issues arising related to permits.

Ivars Pommers joined the team as part of the firm's merger with Glimstedt & Partners in February 2017. He is a "well-known practitioner with great experience" in the real estate arena. He has a track record in real estate transactions and is also noted for his expertise in construction.

Ilga Gudrenika-Krebs leads on large real estate transactions, with clients highlighting her "service-minded approach." Her recent instructions include advising Evolution Gaming on the acquisition of commercial and residential property.

Editorial for Glimstedt & Partners, now merged with Ellex Klavins

Department profile by Ellex Klavins

Department profile not yet provided by Ellex Klavins. Please see their firm profile.

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Eversheds Sutherland Bitans - Real Estate

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Band 1

第一等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Ilze Kramiņa
- 3 partners
- 5 other qualified lawyers

What the team is known for Outstanding construction practice advising on a range of contentious and non-contentious issues. Often instructed on real estate development and construction projects, including renewable energy mandates. Increased activity in transactional instructions, including property acquisitions and disposals. Advises on leases and real estate joint ventures and loan restructuring. Client base includes a number of port infrastructure operators, private investors and real estate developers.

Strengths The firm is highlighted for its strong expertise in "the uncharted territories of spatial planning and construction matters and true diligence in extensive negotiations."

Further sources praise the firm's business-oriented approach, "efficient and experienced" team and "knowledge of risk assessment."

Work highlights Advised Latectus on its EUR10 million sale of properties and provided general support on property management, development and construction matters.

Acted for TER Properties on its acquisition of property based in Rīga city centre.

Significant clients Riga Coal Terminal, LatRosTrans, Ventspils nafta terminals, Metro Capital Management, RB Rail.

Notable practitioners

Ilze Kramiņa stands out for her strong expertise in construction issues, including administrative disputes. She is active in development projects and also advises on transactions. Clients are impressed with her "truly notable project management skills" and "quick analysis of the problem."

Department profile by Eversheds Sutherland Bitans

Department profile not yet provided by Eversheds Sutherland Bitans. Please see their firm profile.

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FORT - Real Estate

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Band 1

第一等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Jānis Līkops
- 4 partners
- 5 other qualified lawyers

What the team is known for Excellent real estate team rises in the rankings due to solid market feedback. Full-service offering covers real estate transactions, comprising asset and share deals and real estate development. Stands out for strong track record in construction disputes. Client roster includes real estate developers and investors, with recent instructions in the retail, logistics and residential sectors.

Strengths The firm receives extensive praise for providing "good business intuition," "the ability to find the best solutions," "efficiency, knowledge and experience."

One client emphasises the level of client care shown by the team, saying: "I feel like an important client as they are personal in their attention and attitude, which is the most important thing."

Work highlights Advised Nevertel UAB on the development of the first Hilton hotel in Latvia.

Advised AGN on its planning dispute with Riga City Construction Board.

Significant clients Vastint, Ordo Group, BIB Real Estate, Capital Mill, EfTEN.

Notable practitioners

Clients are impressed with Jānis Līkops, describing him as "quick, tactful, extremely smart," "very business minded" and a "great negotiator." He enjoys an excellent reputation in the market, handling real estate acquisitions, disposals, and sale and leaseback transactions, as well as construction advice.

Sandis Bērtaitis is a respected litigator who represents clients in construction disputes. He attracts praise for "understanding the administrative processes very well and as one of the best people for explaining the meaning of legislation, and how to apply it in practice." Further sources admire his "intelligent, scrupulous and precise" approach.

Department profile by FORT

Department profile not yet provided by FORT. Please see their firm profile.

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Primus, Attorneys at Law - Real Estate

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Band 2

第二等

Commentary from the Chambers Europe guide

Basic facts about the department
- Heads of department: Laura Zalāna and Kristīne Gaigule-Šāvēja
- 2 partners
- 7 other qualified lawyers

What the team is known for Popular choice for domestic clients, active on a spectrum of real estate and construction matters. Experienced in construction and development projects and often instructed on due diligence and lease-related matters. Supports clients with real estate transactions, advising on share deals and acquisitions of land. Notable track record of serving clients in the energy and aviation sectors.

Strengths Clients commend the firm's business-oriented approach, saying: "The firm is result-oriented and business-minded and sees the whole picture," while another adds: "The team finds a solution to each problem."

Sources also note that the firm is client-focused and "easy to work with."

Work highlights Represented TAV Airports in its expansion of Riga International Airport, comprising leasing and construction issues.

Advised FCG Aviation Development on leasing issues relating to aircraft hangars and office premises.

Significant clients Graanul Invest, DEPO DIY, Salvus, UCTAM Baltics, CSK Steel.

Notable practitioners

Laura Zalāna and Kristīne Gaigule-Šāvēja are key contacts for the firm.

Department profile by Primus, Attorneys at Law

Department profile not yet provided by Primus, Attorneys at Law. Please see their firm profile.

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Sorainen - Real Estate

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Band 2

第二等

Commentary from the Chambers Europe guide

Basic facts about the department
- Heads of department: Agris Repšs, Pekka Puolakka and Lelde Laviņa
- 2 partners
- 6 other qualified lawyers

What the team is known for Strong practice covering the full spectrum of real estate and construction issues. Active in a high number of real estate construction and development projects, involving shopping centres and office buildings. Handles sale and purchase agreements, lease matters and disputes. Acts for a range of domestic and international clients and boasts particular strength in the retail sector.

Strengths Clients appreciate that the firm has "wide experience" and "very good knowledge of the real estate sector."

Interviewees are pleased with the firm's level of client service, highlighting its "efficiency and flexibility in reacting to the needs of the client," and "immediate responsiveness and perfect communication."

Work highlights Advised Delta Property on the expansion of Alfa shopping centre, including construction issues arising.

Represented Linstow in the expansion of Origo shopping centre.

Significant clients Rigaburger, LatRosTrans, AGA, University of Latvia, Nelja Energia.

Notable practitioners

Lelde Laviņa receives positive feedback from clients, who describe her as a "positive person motivated by results, with wide experience in real estate and construction." She advises on a wide variety of matters, with recent work including a number of large-scale real estate construction and development projects.

Department profile by Sorainen

Department profile not yet provided by Sorainen. Please see their firm profile.

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TGS Baltic - Real Estate

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Band 2

第二等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Linda Štrause
- 3 partners
- 5 other qualified lawyers

What the team is known for Notable practice handling a range of contentious and non-contentious matters for regional and Northern European clients. Active in construction-related mandates, with recent work involving energy and infrastructure projects. Also advises on property sale transactions, leases, acquisitions of land plots, disputes and real estate aspects of investment projects.

Strengths Clients find the firm "very easy to work with," adding: "The lawyers are very easy-going and work very fast." Other interviewees praise the service of the firm, stating: "They are very timely and very thorough" and "always very responsive."

The team is noted for its "capacity to cover large-scale and very complex cases."

Work highlights Assisted Sarma & Norde Architects with negotiations and drafting of contracts for the design work involved in the expansion and reconstruction of Alfa retail park.

Continued to advise the partnership of FCC, HOCHTIEF and ACB on the execution of their contract with Riga International Airport.

Significant clients MODO Golf, EstateGuru OÜ, SEB, Graanul Invest.

Notable practitioners

Linda Štrause enters the rankings in recognition of positive feedback. She leads the team on a broad range of contentious and non-contentious real estate matters. Sources commend her "fast and constructive advice," "clarity in complex transactions with successful strategies" and "experienced and competent" approach.

Department profile by TGS Baltic

Department profile not yet provided by TGS Baltic. Please see their firm profile.

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Kronbergs Čukste DERLING - Real Estate

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Band 3

第三等

Commentary from the Chambers Europe guide

Basic facts about the department
- Head of department: Valters Kronbergs
- 2 partners
- 2 other qualified lawyers

What the team is known for Acts on all manner of real estate issues, including real estate and construction disputes and transactions. Handles asset deals and lease agreements and is noted for its real estate litigation practice. Client roster includes a mix of local and international clients.

Strengths Clients commend the firm for its "willingness to go the extra mile for the client in resolving unexpected obstacles."

Further sources appreciate the firm for its "honesty and no-nonsense advice."

Work highlights Advised Ministry of Culture of the Republic of Latvia and a consortium of major Latvian construction companies on the interpretation of a construction agreement.

Advised Intertrust Technologies Corporation on lease issues.

Significant clients Tennax, Franzoni & Co, Microsoft, Peek & Cloppenburg, Electrolux.

Notable practitioners

Valters Kronbergs is a key contact for the firm.

Department profile by Kronbergs Čukste DERLING

Department profile not yet provided by Kronbergs Čukste DERLING. Please see their firm profile.

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Eminent Practitioner

Filips K Kļaviņš

Ellex Klavins

From the Chambers Europe guide

US-qualified Filips Kļaviņš is recognised as "very experienced and very good in the representation of the client." He offers expertise in acquisitions, disposals and lease matters. He recently advised Ingleby Latvia Agro on its acquisition of agricultural land in Latvia, including issues arising related to permits.

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Eminent Practitioner

Dace Silava-Tomsone

COBALT

From the Chambers Europe guide

Managing partner Dace Silava-Tomsone is recognised for her vast experience in the market, leading the team on real estate construction projects and complex disputes. One client enthuses: "She is the best - she is practical and responsive." She offers additional expertise in real estate M&A. Further sources admire her "knowledgeable, experienced and logical" approach.

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Band 1

FORT

From the Chambers Europe guide

Clients are impressed with Jānis Līkops, describing him as "quick, tactful, extremely smart," "very business minded" and a "great negotiator." He enjoys an excellent reputation in the market, handling real estate acquisitions, disposals, and sale and leaseback transactions, as well as construction advice.

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Band 2

Eversheds Sutherland Bitans

From the Chambers Europe guide

Ilze Kramiņa stands out for her strong expertise in construction issues, including administrative disputes. She is active in development projects and also advises on transactions. Clients are impressed with her "truly notable project management skills" and "quick analysis of the problem."

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Band 2

Ellex Klavins

From the Chambers Europe guide

Ivars Pommers joined the team as part of the firm's merger with Glimstedt & Partners in February 2017. He is a "well-known practitioner with great experience" in the real estate arena. He has a track record in real estate transactions and is also noted for his expertise in construction.

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Band 2

AmberLaw

From the Chambers Europe guide

Market commentators recommend Annija Svemberga of AmberLaw for her "high analytical skills, very good technical and theoretical knowledge and market expertise." She has a wealth of experience in real estate, construction and related litigation.

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Band 2

COBALT

From the Chambers Europe guide

Guntars Zīle advises clients on real estate development projects and provides support in acquisitions of real estate. Interviewees describe him as "informed, logical and nice to communicate with."

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Band 3

Sandis Bērtaitis

FORT

From the Chambers Europe guide

Sandis Bērtaitis is a respected litigator who represents clients in construction disputes. He attracts praise for "understanding the administrative processes very well and as one of the best people for explaining the meaning of legislation, and how to apply it in practice." Further sources admire his "intelligent, scrupulous and precise" approach.

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Band 3

Ilga Gudrenika-Krebs

Ellex Klavins

From the Chambers Europe guide

Ilga Gudrenika-Krebs leads on large real estate transactions, with clients highlighting her "service-minded approach." Her recent instructions include advising Evolution Gaming on the acquisition of commercial and residential property.

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Band 3

Attorneys at Law 'Skopiņa & Azanda'

From the Chambers Europe guide

Laine Skopiņa of Attorneys at Law 'Skopiņa & Azanda' is a well-known figure in the real estate arena with extensive experience in real estate transactions and development projects.

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Up and Coming

Sorainen

From the Chambers Europe guide

Lelde Laviņa receives positive feedback from clients, who describe her as a "positive person motivated by results, with wide experience in real estate and construction." She advises on a wide variety of matters, with recent work including a number of large-scale real estate construction and development projects.

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Up and Coming

TGS Baltic

From the Chambers Europe guide

Linda Štrause enters the rankings in recognition of positive feedback. She leads the team on a broad range of contentious and non-contentious real estate matters. Sources commend her "fast and constructive advice," "clarity in complex transactions with successful strategies" and "experienced and competent" approach.

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