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Sorainen, working with Clifford Chance, has advised joint managers Erste Group Bank, J.P. Morgan, and Societe Generale on a EUR 500 million tap issuance of government bonds by the Republic of Estonia under its Euro Medium Term Note Program, due January 2034.

Sorainen has advised Sodra Skogsagarna Ekonomisk Forening on the divestment of its Latvian and Estonian forest holding companies covering approximately 153,000 hectares to Ingka Investments via a transaction valued at EUR 720 million. Ellex advised Ingka.

Pohla & Hallmagi has advised Restate on the sale of a commercial plot in the greater Tallinn area to Bidfood and on developing a 10,000-square-meter logistics center for the property owner with construction company Maru Ehitus. Cobalt advised Bidfood.

Triniti has advised Amserv Group and its Latvian subsidiaries on the sale of the Amserv Krasta and Amserv Liepaja car dealerships to the Net Lease for Future Fund with Amserv retaining long-term operational control under a sale-and-leaseback structure. Eversheds Sutherland reportedly advised Net Lease for Future Fund.