Real estate and construction

Cobalt

Client Satisfaction

Cobalt‘s real estate, energy and infrastructure department assists leading developers and investors with large commercial and industrial real estate and construction projects, handling a mixture of contentious and non-contentious matters. The practice is also mentioned for its specialisms in energy development and renewables; energy sub-group head Gatis Flinters is key in these areas. With over 25 years’ experience, Dace Silava-Tomsone heads up the wider practice. Toms Sulmanis brings additional expertise in residential and commercial property to the group. Associate Juta Meimere is noted for transactional and lease-related work, while Artūrs Valderšteins specialises in energy, planning and administrative disputes.

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Key clients

AFI Investments SIA
AirBaltic Corporation AS
Astor Group
Baltic Green Investments
Consolis Latvija SIA
Corum Asset Management
Enersense
Hili Properties
Hepsor Latvia OÜ
I Asset Management
Kapitel SIA
Latvenergo AS
Linstow group
Swietelsky AG
VPH group
Volvo Truck Latvia
Workland Latvia SIA
Eiffage Genie Civil

Work highlights

Advising Air Baltic on the development of its Maintenance Repair & Operation hangar at its home base, Riga International Airport.
Advising real estate developer VPH on the development of a new shopping complex in the centre of Riga, with an investment of up to €40m.
Assisted energy infrastructure contractor Enersense SIA, within the formation of a joint venture with Siemens Energy Global GmbH & Co. KG, with the supply and installation of three synchronous condensers for the Latvian transmission system operator, with a total contract value of €114m.