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Finnish fund Titanium Baltic Real Estate acquires Avia Solutions Group‘s headquarters building in Vilnius
We advised the Titanium Baltic Real Estate fund, managed by the Finnish asset management company Titanium Fund Management Company, on acquiring the Avia Solutions Group headquarters developed by AeroCity Group in Vilnius, Lithuania. The world’s leading aviation services group Avia Solutions Group continues to be the only 10,800 sq. m tenant of the building under […]
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Ignitis Group acquires wind farm project in Lithuania
We advised Ignitis renewables – a subsidiary of the Ignitis Group – on signing an agreement to acquire 100% of shares of the company developing an onshore wind farm in the Northwest Lithuania, Plungė region. The potential capacity of the acquired wind farm is up to 218 MW. Preliminary investments amount to around EUR 300 […]
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Finnish fund Titanium Baltic Real Estate acquires two Kesko Senukai stores in Latvia and Lithuania
We advised the Titanium Baltic Real Estate fund, managed by the Finnish asset management company Titanium Fund Management Company, on acquiring the DIY company Kesko Senukai’s flagship stores in Vilnius, Lithuania; and Daugavpils, Latvia. Delta turtas and SIA Daugavpils Project 1, the companies which own the stores, have been transferred to the fund by KS […]
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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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Darnu Group acquires 8.3 hectares of land near Litexpo exhibition centre in Vilnius
Our team advised Darnu Group on acquiring 8.3 hectares of land for the construction of residential buildings with commercial premises. The company plans to build approx 900 apartments on the site. Construction is expected to start in the second half of 2022. This is one of the largest acquisition transactions of real estate for development […]