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SBA Group sells logistics centre and factory real estate to EfTEN Fund
We advised the SBA Group on its largest-ever real estate sale transaction. The logistics centre and the furniture component factory in the SBA Industry Innovation Valley near Klaipėda has been transferred to the green real estate fund managed by Estonian fund management company EfTEN Capital AS. Deal value – EUR 28.6 million. SBA Industry Innovation […]
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Ignitis Group enters the stock market
Our team has been advising the state-owned energy company Ignitis Group in preparation for the initial public offering (IPO) and admission to trading on the Vilnius and London stock exchanges. Through the IPO, the group will offer investors 20.9 million shares (27.8% of the issued capital). Some of the shares will be distributed on the […]
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Lietuvos geležinkeliai signs electrification purchase contract
We advised Lietuvos geležinkeliai ‒ the largest state-owned railway company in the Baltics ‒ on tender procedures and signing a purchase contract to electrify a major railway infrastructure corridor in Lithuania. Electrification will affect a strategically important railway line linking Klaipėda port, the main cargo and logistics centre in Lithuania, with Vilnius and Belarus. This […]
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Largest deal in Baltic office real estate market – Deka Immobilien acquires Quadrum office complex
We assisted Deka Immobilien in securing acquisition of the Quadrum business centre in Vilnius from Norwegian-owned real estate company Schage Real Estate for about EUR 156 million. The building complex will be added to the portfolio of the Deka-ImmobilienGlobal open-ended real estate fund. This is the largest investment transaction in the Baltic office real estate […]
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Tesonet signs largest office lease deal this year and invests in technology campus
Tesonet, a cyber security solutions company, will lease premises at the former Sparta factory in Švitrigailos Street, Vilnius. The company will lease an area of 15,000 m². The office is expected to house 1,500 employees. So far, this is the biggest office lease deal in the current year. Tesonet is also investing approx EUR 50 […]