Primus has represented Klaipedos Baldu Prekyba JSC — a furniture retail trade chain with eight stores in Lithuania operating under the Berry trademark — on its conclusion of a long term lease agreement with the Elkor group for a multi-story building and adjacent territory for a store in the central part of Riga.
According to Primus, Klaipedos Baldu Prekyba is investing more than EUR 1 million in the opening of the store — which will be located at 201 Brivibas Gatve in Riga — including in the renovation of premises, interior design, as well as client service and communication. The store will occupy five stories, and its total floor space will be 10,000 square meters. The company intends to employ 35 persons in Latvia.
Primus's legal team consisted of Partners Giedre Dailidenaite and Laura Zalana and Senior Associate Andis Ozolins.