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W. P. Carey-managed company acquires Baltic retail property portfolio for EUR 177.5 million
We advised a company managed by the US investment fund W. P. Carey on the acquisition of a Baltic retail real estate portfolio worth EUR 177.5 million. The fund acquired it from UAB Baltic Retail Properties, a closed-end investment company for informed investors, managed by UAB Žabolis ir partneriai kapitalo valdymas. The transaction involved one […]
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EU Taxonomy in practice: assessing 70 economic activities
We advised the Green Finance Institute of the national development bank ILTE on assessing the compliance of 70 different economic activities with the EU Taxonomy Regulation and its related legislative requirements. The analysis covered a wide range of sectors, including energy (such as electricity generation, storage, and hydrogen production), manufacturing (including packaging), construction and real […]
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One of the largest recent foreign investments in Lithuania: Quaero Capital agrees to acquire a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group
We advised the infrastructure fund Quaero European Infrastructure Fund III, managed by Quaero Capital SA, on the acquisition of a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group. The Vilnius Combined Heat and Power Plant (CHP) – one of the most advanced facilities of its kind in Europe – is […]
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Titanium Baltic sells Kesko Senukai DIY store in Vilnius
We advised Finnish investment fund Titanium Baltic Real Estate on the sale of a company owning a real estate asset leased to Kesko Senukai Lithuania for its DYI retail operations. The store is situated on V. Pociūno St., Vilnius, and benefits from a strong strategic location near the Western Bypass, with Vilnius Outlet nearby, both […]
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Analysis on the assessment of EU Taxonomy criteria
We provided an in-depth analysis commissioned by the Lithuanian Banking Association for the banks seeking to classify loans as aligned with the EU Taxonomy Regulation and contributing to climate change mitigation. Compliance with the EU Taxonomy is one of the conditions for green financing. We assessed ten types of economic activities, including electricity generation from […]