Hall Of Fame

Real estate and construction in Latvia

Cobalt

Counting commercial property developers as key clients, Cobalt fields a deep bench which advises large retailers on various permitting and commercial law real estate transactions, encompassing lease back transactions. The group handles real estate aspects of some of Latvia’s most significant construction projects, such as the Rail Baltica, and significant renewable energy project in the country. Dace Silava-Tomsone is at the helm, bringing equally longstanding experience in both real estate and construction law; she is well supported by Artūrs Valderšteins, who excels in administrative matters connected to real estate development, namely zoning, planning, and permitting. As head of the wider firm’s infrastructure and energy subgroup, Gatis Flinters is key for construction matters, such as construction agreements, in the energy sector.

Praxisleiter:

Dace Silava-Tomsone


Weitere Kernanwälte:

Artūrs Valderšteins; Gatis Flinters


Referenzen

‘The team can provide a wide spectrum of competence in real estate and energy sectors.‘

‘They are highly recognised experts in Latvia and their names make an impact on decision makers both in public and private sectors.’

Kernmandanten

Aecom Spain


AFI Investments SIA


AirBaltic Corporation AS


Astor Group


Baltic RE Group


Capital Mill


Consolis Latvija SIA


Corum Asset Management


Decathlon


Eiffage Genie Civil


Enersense


Eolus


E.R.B. Rail JV PS


European Energy


Hepsor Latvia OÜ


I Asset Management


Invego


JD Properties


Kapitel SIA


Latvenergo AS


Highlight-Mandate


  • Advising E.R.B. Rail JV PS on the contract implementation stage for the construction of the Rail Baltica mainline in Latvia with the total contract value of €3.7 billion.
  • Advised Eolus on the sale of the largest greenfield wind power project in Latvia with a total capacity of 147 MW.
  • Advised Latvenergo AS on the acquisition of a greenfield solar power plant with a total capacity of 265 MWp.

Ellex Klavins

Showcasing an ‘ability to work constructively with municipalities and other stakeholders', Ellex Klavins‘ practice covers the full spectrum of real estate matters in both the private and the public sector due to relations with the government and municipalities, with work ranging from development to transactions and disputes. The group at large is well versed in construction law, particularly construction contracts. Ivars Pommers heads up the group, a versatile practitioner within real estate and construction, whose work in 2025 increasingly involved real estate transactions with tax-structuring elements. Elsewhere, Ilga Gudrenika-Krebs is described by one client as a ‘true virtuoso in real estate transactions’, and Inese Freivalde has deep expertise in construction contracts.

Praxisleiter:

Ivars Pommers


Weitere Kernanwälte:

Ilga Gudrenika-Krebs; Inese Freivalde


Referenzen

‘Ellex’s Latvian team is highly business oriented, i.e focused on assisting the client’s commercial interests.‘

‚The staff are very helpful and capable of quickly finding efficient solutions for the client.‘

‘Ilga Gudrenika-Krebs is a true virtuoso in real estate transactions. All details of our transaction were handled wisely, independently and very efficiently, it was a great pleasure to work with her. Early on, we understood the negotiations were in good hands, thanks to Ilga we got terms better that we had expected, yet she skilfully avoided any „deal breaking“ situations. Ilga’s personality created a negotiating climate on a constant positive and professional note, which smoothly moved the process forward until the final closure.’

Kernmandanten

Blackstone


IKEA Latvian franchise holder SIA Paul Mason Properties/SIA Verus Praedium


SIA Leifar


Eastnine


VIG Fund


Swedbank AS


Luminor


Bonava


YIT


Orkla


Depo


Kesko


Hansas Property Holding AB


VMG Group


Jysk


SUPPA Advisers


Ingleby Latvia Agro, SIA


BTA Baltic Insurance Company


Sportland


Lords LB Asset Management


SG Capital


Capitalica Asset Management


Northern Horizon


SIA “Rīgas namu pārvaldnieks”


Hanner


Estera Development


Vilvi Group


SPI Group Companies


Pillar


New Century Holdings


Itella


Wilo


UCB


Amber Beverage Group


UAB “SIRIN Development”


Enefit Green


FactSet


Ingka


Highlight-Mandate


  • Advising HOF ehf (Iceland) on closing a deal with Inter Ikea Group for the sale of Ikea retail business in the Baltics.
  • Advised Lords LB on development of a multifunctional office/retail/hotel development Preses Nama Kvartāls in Riga.
  • Advising Agricultural Services Cooperative Society LATRAPS on concluding an agreement with Pfeifer & Langen International B.V. on the development of ASNS Ingredient pea protein isolate plant in Jelgava.

Eversheds Sutherland Bitans

Adeptly handling both commercial and residential real estate development and transactions, Eversheds Sutherland Bitans adopts a multidisciplinary approach and collaborates closely with the firm’s disputes team, belying a strength in real estate and construction disputes. Among core mandates are construction matters attached to renewable energy projects at all phases, a ‘proven track record of delivering complex, large-scale projects from concept to implementation’ in the words of one client, namely areas such as complex construction contracts and FIDIC-based agreements for major developments. Real estate development expert Ilze Kramiņa and Laima Eglīte, who is increasingly handling renewable energy sector matters, lead the team. Prominent among the pair’s client base are large real estate companies who are also counselled by Ginta Krūkle, who demonstrates expertise in real estate and privatisation matters relating to planning.

Praxisleiter:

Ilze Kramiņa; Laima Eglīte


Weitere Kernanwälte:

Ginta Krūkle


Referenzen

‘Deep specialisation in renewable energy and the proven track record of delivering complex, large-scale projects from concept to implementation. Over the years, the team has become frontliners in renewable energy development and construction. This experience allows them to anticipate industry challenges, streamline processes, and provide innovative, practical solutions tailored to clients’ needs.‘

‚Potential clients will see technical expertise paired with strategic insight, ensuring projects are not only feasible but also aligned with broader environmental and regulatory frameworks.‘

‚Eversheds Sutherland Bitans bring a holistic, problem-solving approach that integrates technical, commercial, and environmental aspects.’

Kernmandanten

Ignitis Renewables UAB


Latvian Hydrogen Association


Avia Solutions Group


Enefit Green


Food Union Group


Enery Latvia SIA


Kaamos Group


Riga City Council


Velve SIA


LiveOn Group


LHV Varahaldus (Matisa 52)


Vitol Terminal Latvia SIA


Eika Asset Management UAB


Salapils Municipality


Verdia Wind SIA


APOLLO GROUP OÜ


UAB Ignitis Renewables


Highlight-Mandate


  • Advised Ignitis Renewables UAB on real estate and construction matters.
  • Advising the Latvian Hydrogen Association and other project partners from eight Baltic Sea Region countries on the BSR HyAirport project, a strategic multinational initiative aimed at preparing airports across the Baltic Sea Region for the integration of green hydrogen (GH2) into aviation infrastructure.
  • Advised Avia Solutions Group on the acquisition of GI Terminal in Liepāja, Latvia for further production of SAF.

Sorainen

Praised for its ‘deep industry expertise, client-centred approach, and seamless collaboration across disciplines’, Sorainen stands out for large-scale private sector development both in Latvia and across the Baltics. Team members are called upon by a diverse client base of significant local clients, including Riga International Airport. Lelde Laviņa, Jorens Jaunozols and Jānis Līkops are the trio running a group which handles all phases of large construction projects in the renewable energy sector, from due diligence of the projects to negotiating transaction documents to project financing and construction, all the way through to the closing of a real estate or construction transaction. In this regard, clients lean upon the team’s knowledge of the construction process.

Praxisleiter:

Lelde Laviņa; Jorens Jaunozols; Jānis Līkops


Weitere Kernanwälte:

Vita Berlaua; Kate Berlaua


Referenzen

‘This practice stands out for its deep industry expertise, client-centred approach, and seamless collaboration across disciplines. Potential clients will value the team’s proven track record, innovative problem-solving, and commitment to efficiency and transparency. It has forward-thinking initiatives in technology integration, flexible billing models, and a strong focus on diversity and inclusive leadership.’

‘The individuals stand out for their technical skill and strategic insight. They differ from competitors through their collaborative mindset and ability to deliver practical, forward-looking solutions under pressure. We value partners like Jorens Jaunozols, known for leadership, and associates like Kate Berlaua, whose precision and creativity consistently elevate the team’s work.’

‘Specific and useful knowledge about the construction process.’

Kernmandanten

RB Rail


Riga International Airport


Niam Infrastructure


Salling Group


NORD/LB (Norddeutsche Landesbank)


Vastint Latvia


International School of Riga


Linstow


Danish Sun Energy ApS


Ignitis Renewables


Sunly


Inter IKEA Group


Highlight-Mandate


  • Advised Salling Group throughout its €1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia.
  • Advised RB Rail on design and build contracts for ENE and CSS subsystems, where maximum contractual value of both contracts could exceed €2 million.
  • Assisted Linstow and Vastint with their ongoing, landmark developments.

TEGOS (Formerly TGS Baltic)

Notably present in wide-reaching real estate investment and development projects, TEGOS (Formerly TGS Baltic), whose ‘biggest advantage is their cross-practice coordination’ is able to be present at each stage of a real estate project lifecycle, from due diligence and land acquisition to financing, construction, and finally sale. Construction litigation is an additional key arm of the practice, particularly in the energy sector. Linda Štrause is at the helm, assisting with residential and commercial developments. Agnese Hartpenga is key at associate level, and has exceptional experience in large-scale, complex cases and extensive knowledge of the Latvian energy market. Aija Kreicberga is a versatile real estate law practitioner, acting in development, transactions, and regulatory mandates.

Praxisleiter:

Linda Štrause


Weitere Kernanwälte:

Aija Kreicberga; Armands Masulis; Agnese Hartpenga


Referenzen

‘Very diverse team covering services for real estate across different legal practices – corporate, M&A, and tax.’

‘Their biggest advantage is their cross-practice coordination, their ability to swiftly attract resources from several departments, and their ability to handle projects efficiently.’

Kernmandanten

F|i|benol


Colonna


GD & L


Invego| |OÜ


University of Latvia


Sarma& Norde


Kauno Tiltai AB


Valsts nekustamie īpašumi (State Real Estate)


Pauls Stradins Clinical University Hospital


Graanul Pellets


Møller Eiendom Holding AS


Reterra Estate


SIA EG Sports Holding


AS Latvenergo


Jetoil Latvija


PST Group AB


Highlight-Mandate


  • Advised Fibenol on the development of a €700m commercial scale biorefinery in Latvia, including market entry, regulatory matters, obtaining project priority status, building rights acquisition, and key supply agreements.
  • Advised Invego on the full cycle of more than 10 residential development projects in Latvia, including acquisitions, construction, sales, and a successful bond issuance to finance ongoing projects, with a total investment exceeding €200 million.
  • Advised Latvenergo AS on building a wind power plant with a total capacity of 108.8 MW in the former peat extraction area of Kaigu Bog in Līvbērze County and to start electricity production in 2026.

VILGERTS

VILGERTS skilfully handles commercial lease issues, and has an established offering in pan-Baltic development projects and disputes. Jānis Kubilis leads the litigation and dispute resolution practice and is well placed to handle complex construction matters. Complex commercial disputes also often fall under the jurisdiction of founder and managing partner Gints Vilgerts, who is at the helm of the practice. On the regulatory side, Elizabete Bartansone offers key support on real estate contracts and due diligence following real estate M&A, for which the wider group is well reputed.

Praxisleiter:

Gints Vilgerts


Weitere Kernanwälte:

Jānis Kubilis; Elizabete Bartansone


Kernmandanten

Air Baltic Corporation


BAO AS


Bauroc SIA


Novira Plaza


East Capital Real Estate


Estera Development


The State Environmental Service of the Republic of Latvia


Scania Latvia


Marijas 2 SIA


Merks


JTimber


PN Project


Rimi


Stenders SIA


VGP


Summus Capital OÜ


VILIA Holding SIA


Smartlynx Airlines


Zenith Capital Management


Highlight-Mandate


  • Advising Merks SIA on all of its major construction disputes.
  • Advising Summus Capital OÜ on its €56 million divestment of commercial real estate assets (shopping centres in Estonia and Latvia) to the Indexo Real Estate Fund.
  • Advising PN Project AS on the financing of the continued development of the Preses Nama Kvartāls project in Riga, Latvia, with a total anticipated amount of €75 million.

WALLESS

WALLESS is a go-to firm for corporate real estate investors, who the group regularly assists with compliance issues and lease agreements. The team also advises a range of clients on matters related to real estate development and real estate M&A deal structuring, such as due diligence and tax restructuring. Managing partner Kristīne Gaigule-Šāvēja leads the team, whose broad real estate and construction knowledge covers both transactions and development projects, also showcasing construction law expertise, particularly within renewable energy projects. Andis Ozoliņš excels in regulatory aspects of real estate and complex construction agreements, which is also a strength of the wider group. Zane Kārkliņa is another key name to note.

Praxisleiter:

Kristīne Gaigule-Šāvēja


Weitere Kernanwälte:

Zane Kārkliņa; Andis Ozoliņš


Kernmandanten

ICA Gruppen AB


Vestas Latvia SIA


Boehringer Ingelheim RCV GmbH & Co KGs


ELECNOR, SERVICIOS Y PROYECTOS S.A.U


Siemens Mobility GmbH


Consortium „BERERIX“


TAV HAVALİMANLARI HOLDİNG A.Ş


Bonava Latvija SIA


P&Q Sp. z o.o.


Provendi asset management AIFP SIA


Nuve Partners, SIA


SIA TKM Latvija


Baltic Horizon Fund


CSK Steel SIA


Highlight-Mandate


  • Advised ICA Gruppen AB on the divestment of ICA Gruppen’s shares in Rimi Baltic Group to Denmark’s Salling Group.
  • Assisted Indexo Real Estate Fund with its acquisition of the Olimpia shopping centre for over €40 million.
  • Assisted Vestas Latvia with comprehensive regulatory framework analysis to restore the construction merchant status with the State Construction Control Bureau in Latvia.

Kronbergs Cukste Levin

Kronbergs Cukste Levin displays a strength in the analysis of construction agreements on top of a plethora of real estate activity involving ongoing landlord and tenant issues and the termination of existing leases. This is supplemented by advice on contracts related to the sales and acquisitions of real estate, varying from shopping centres to hospitals and prime real estate in Riga city centre. Valters Kronbergs, a veteran real estate lawyer, leads the group. Vineta Čukste–Jurjeva is engaged in private and public sector real estate, often multi-jurisdictional in nature, but also for key public sector clients such as government ministries. The broader group advises on significant local public sector infrastructure projects, among which is counselling on the construction of Rail Baltica Riga Airport train station.

Praxisleiter:

Valters Kronbergs


Weitere Kernanwälte:

Vineta Čukste–Jurjeva; Normunds Orols


Kernmandanten

Lauku iela 3 owners


BENU


Pharmidea


Biedriba Rūpniecibas iela


Forma SIA


Wildeman Group BV


ZUE Group


Fairwind


Canadian Armed Forces


Forma 2


Hausers


Jurmalas Businesa Centrs


Estate Guru


SIA Raxti


Ministry of Health


Riga Stradini University Hospital


Riga Technical University


RB RIX Engineer PS


InterTrust / White Cryption


Skonto Buve (one of the leading construction companies of Latvia)


AVON


JSC Latvian Railways


LION RE


Franzoni & Co


Microsoft


OÜ Baures


Peek & Cloppenburg


ISMS Limited


European Railway Lines


Kulturas un sporta centrs Daugavas stadions


SIA Ambient Home


DHL


Tenax


Electrolux


Avesco


OTCF


Linstow


SIA Karlsberg


Highlight-Mandate


  • Advising a group of property owners of three residential apartment buildings comprising 90 apartments on Lauku iela 3, Riga, on the partition of title from percentage share ownership to separate fee simple title for each property owner and other real estate matters.
  • Advising a pharmaceutical wholesaler on lease issues.
  • Advised the Ministry of Health on legal feasibility of expropriation of a building adjacent to a psychoneurological hospital.

SIA "ZAB Škinkis Petersons Birina"

SIA "ZAB Škinkis Petersons Birina" is a boutique firm which focuses on court proceedings and real estate disputes, especially disputes in constitutional court and administrative courts. In the realm of real estate development, practitioners act in spatial planning proceedings, among others. Matīss Šķiņķis and Mārtiņš Pētersons head up the team, the latter of whom brings vast experience in construction developments and projects, including construction permits, an area in which the group as a collective is highly knowledgeable. Mārtiņš Daģis is a key name to note on associate level.

Praxisleiter:

Matīss Šķiņķis; Mārtiņš Pētersons


Weitere Kernanwälte:

Mārtiņš Daģis


Kernmandanten

Energiapartners


Gren Latvia


EKO Ziemeļi


Ombudsman of Latvia


Rimi Latvia


Vides Resursu Centrs


Latvijas Propāna Gāze


Inhabitants of Āgenskalns, Rīga


Energoremonts Riga


Rimi Latvia


Highlight-Mandate


  • Assisted The Ombudsman of Latvia with Latvian regulations concerning various limitations for use of real estate and compensations for owners thereof, which is used for amending and implementing new regulations in Latvia.
  • Represented Rimi Latvia in a case concerning the issuance of a construction permit for a shopping mall in Ikskile.
  • Represented Bite Latvija and other telecommunication companies in relation to disputes related to the spatial plan of the city of Riga that imposes a restriction on the use of overhead lines in the historical centre of Riga.

BERG

Showing particularly prowess in real estate due diligence, BERG, which was previously Jānis Kārkliņš Law Firm, is notable for its breadth of activity across real estate development, real estate and construction disputes, and a range of related transactions. Firm founder and managing partner Jānis Kārkliņš leads the group, and is well supported by Edijs Brants, an international arbitration expert who regularly appears in construction disputes.

Praxisleiter:

Jānis Kārkliņš


Weitere Kernanwälte:

Edijs Brants


Referenzen

‘The firm can put together a strong team and is able to build a good relationship with the client.’

‘Jānis Kārkliņš is very knowledgeable of Latvian law.‘

‘The team demonstrates excellent communication, responsiveness and quality. The team always takes into account our wishes and provides honest legal assistance in every case.’

Kernmandanten

KOOL LATVIJA SIA


UPB AS


ANGERN SIA


Eiropas Dzelzceļa Līnijas SIA


Akciju sabiedrība „Towers Construction Management“


Lidl Latvija SIA


AgroCredit Latvia SIA


TEPAT Grupa


Highlight-Mandate


  • Represented a construction company in Latvia before the SCC Arbitration Institute, recovering over €14 million for the client in a dispute regarding payment and the termination of a construction contract related to a high-profile project in central Riga.
  • Advised ANGERN SIA on the development and sale of a residential complex in Mārupe valued at over €5 million EUR, including regulatory compliance, easement registration and full legal support in drafting reservation and purchase agreements, as well as rules for the use of joint property.
  • Advised the client on the acquisition of a real estate asset – a hotel located in the centre of Riga – with a transaction value of more than €10 million.

Magnusson

Under the stewardship of litigators Matīss Rostoks and Artūrs Ševčuks, Magnusson can be distinguished by its capacity to appear in complex construction disputes involving leading construction companies in Latvia, while contentious work also extends to property litigation. The group’s client base is formed of landlords and tenants alike, encompassing clients in the financial services industry. Kate Tiltiņa is also active in real estate disputes such as damage claims and is another standout practitioner in the group.

Praxisleiter:

Matīss Rostoks; Artūrs Ševčuks


Weitere Kernanwälte:

Kate Tiltiņa


Referenzen

‘Magnusson’s lawyers are easy to reach and are always ready to help with questions or provide the necessary support. Clear and effective communication is one of Magnuson’s core values, which allows trust and good relationships with clients.’

‘Matīss Rostoks ensures outstanding speed of interaction, and the quality of the feedback is always extremely thorough, with the opportunity to talk through case management to explore the best solutions. Solutions are always followed by cited legislation.’

‘Very responsive to our urgent requests.’

Kernmandanten

Owners of building at Melnsila iela


NJORD Law Firm

Praised for its ‘comprehensive expertise’ across all aspects of real estate, NJORD Law Firm‘s key point of distinction is its ability to provide advice on drafting and negotiating transaction documents and commercial agreements, often within the context of property transactions and leases. Dmitri Kolesnikov leads a team skilled in regulatory compliance, an area of work which runs through the practice, from advising on AML compliance to coordinating the closing of transactions. Dmitri Nikolaenko also offers key support in this regard.

Praxisleiter:

Dmitri Kolesnikov


Weitere Kernanwälte:

Dmitri Nikolaenko


Referenzen

‘What sets this practice apart is their comprehensive expertise, including sale transactions, rent agreements, corporate structuring, and financing. We value their ability to provide clear, practical advice across all aspects of real estate.‘

‚The team’s responsiveness and attention to detail are exceptional. They are proactive in identifying potential issues and always ensure that my interests are fully protected.’

‘I used to work with Dmitri Kolesnikov. He is always accessible and provides clear advice.’

Kernmandanten

IXIS SIA


NINANOLEG BROTHERS INVESTMENTS, S.L.


PL Holding GmbH


SG JURMALA ESTATE SIA


SISTEMAS ELECTRICOS LOWIND SL


TECHFIN INTERNET TECHNOLOGY SIA


Highlight-Mandate


  • Advised SISTEMAS ELECTRICOS LOWIND SL on its role in the installation of the Laflora Wind Farm.
  • Represneted IXIS SIA in a civil dispute regarding the early termination of a commercial lease and the recovery of damages.
  • Aadvised the owner of TECHFIN INTERNET TECHNOLOGY SIA on the €207,000 acquisition of office premises in Riga, advising on drafting and negotiating transaction documents, advising on AML compliance, and coordinating the closing.