Lithuanian furniture and interior accessories brand "Berry" to open in Riga

21.03.2017

Primus represented Klaipėdos baldų prekyba JSC (furniture retail trade chain with 8 stores in Lithuania, operating under trademark name Berry) in conclusion of long term lease agreement of a multi-storey building and its adjacent territory in the central part of Riga, owned by Elkor group. Primus participated in drafting of the agreement and in negotiations with the landlord and its mortgage creditor.

 

The client is investing more than 1 million EUR in the opening of the store, including in the renovation of premises, interior design, as well as client service and communication. The store will be located at Brīvības gatve 201, Riga, it will occupy five storeys, and its total floor space will be 10,000 square metres. The Company intends to employ 35 persons in Latvia.

 

Primus legal team consisted of partners Giedre Dailidenaite and Laura Zalāna and Senior Associate Andis Ozoliņš.

 

More information to be found (in Latvian) here and (in Lithuanian) here

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