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Fund managed by Lords LB Asset Management acquires Holiday Inn hotel in Vilnius
We advised Lords LB Baltic Green Fund (V) on acquiring 100% of Valmeda’s shares. Valmeda owns Holiday Inn hotel, which has an area of more than 7,000 m² on Šeimyniškių Street in Vilnius. Situated in a prestigious location in Vilnius Marius Junda, fund manager at Lords LB Baltic Green Fund (V), comments: “We are glad […]
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EIKA Development Fund acquires Visorių centras
We assisted EIKA Development Fund, a closed-end investment fund for well-informed investors, in acquiring 100% of the shares in Visorių centras – a real estate development and leasing company. The fund, which is managed by the investment management company Eika Asset Management, intends to develop apartment buildings on the acquired site on Visorių Street in […]
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The Lewben Art Foundation will establish an art centre in Vilnius
We advised the Lewben Art Foundation on all legal issues related to the public tender for the lease of art gallery premises in Vilnius Old Town. Following the announcement of the Lewben Art Foundation as the winner of the public tender, it is planned that a modern Lithuanian and international contemporary art and education centre […]
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Our team wins case before Lithuanian Supreme Court
The Lithuanian Supreme Court ruled in favour of our client in a civil dispute over property rights and the legality of the sale of state-owned intervening land plots without auction. After examining the case in an oral hearing, the Court put an end to a dispute which had lasted three years. Precedent in the field […]
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Šv. Jokūbo hospital complex conversion project approved
We advised Orkela, part of investment management company Lords LB Asset Management, on a project for conversion of the former Šv. Jokūbo hospital in Vilnius city centre. The complex, called Vasario 16 kompleksas and spreading across 16,000 m2, will house a hotel with conference centre, as well as restaurants, cafes, shops and administrative buildings. Orkela […]