The legal due diligence of the State JSC

18 June 2018

BDO LAW won the tender for the legal due diligence of the lease agreements concluded between the State Joint Stock Company «State Real Estate» (Valsts nekustamie īpašumi) and the state authorities or private individuals. 

BDO LAW performed the legal due diligence and provided an assessment of all real estate lease agreements (approximately 900), compliance of the agreements with the specific law, as well as drafted recommendations for improvement of lease agreements. This project was significant because, on the basis of the due diligence report, SRE will revise its operation model and further state-owned real estate management.