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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 […]
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Monerta and Hanner to develop residential and business complex in Vilnius old town
We are advising Monerta on all legal matters related to development of a residential and business complex of approx 10,000 m² in Vilnius old town. Monerta is developing the project in partnership with Hanner. It is expected that approx EUR 20 million will be invested in the complex, which will comprise seven buildings and will […]
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NT plėtros grupė to develop residential and business complex in Vilnius old town
We are advising NT plėtros grupė on all legal matters related to development of a residential and business complex of approx 11,000 m² in Vilnius old town. NT plėtros grupė is a closed-end investment undertaking intended for informed investors. It is expected that EUR 20 million will be invested in the project. Our services and […]
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Urban Inventors acquires part of former Kauno grūdai territory in Kaunas
Sorainen assisted SBA group company Urban Inventors in acquiring part of the former Kauno grūdai site in Kaunas from Omina bona, Antra kryptis and Emea Rei Limited. Urban Inventors intends to build an office complex on the site measuring approx 2.5 hectares, located on the river shore just in front of Nemunas island. Kaunas city […]
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PPI Group to develop residential buildings project in Vilnius old town
Sorainen is advising PPI Group on acquiring a site in Vilnius old town to develop residential buildings with commercial premises. Planned investment is approx EUR 20 million. PPI Group general manager Dominykas Jasilionis says that for the company this is by far the biggest residential project in the Lithuanian capital’s old town. Currently the company […]