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.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘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.’

Key clients

  • 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

Work highlights

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.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

Dace Silava-Tomsone

Other key lawyers

Artūrs Valderšteins; Gatis Flinters