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Lidl Lietuva sells and leases back two new stores
We advised Lidl Lietuva on the sale and long-term leaseback for two newly built stores in Lithuania. 1,979 sq. m store in Jurbarkas and a 2,312 sq. m store in Panevėžys were acquired by Tewox. The acquisition was financed with a EUR 6.7 million loan from Luminor Bank. Tewox acquired the store buildings along with […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]
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Lords LB Asset Management to develop the new business centre in Vilnius
We advised the Right Bank Development Fund, a real estate fund managed by Lords LB Asset Management, on the development of a class A office project in Konstitucijos Avenue, Vilnius. The site at 14A Konstitucijos Ave. is planned to be developed into a 7-story office building with an area of over 19,000 sq m, with […]
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NORD/LB finances one of the largest wind farm project in the Baltics
We advised NORD/LB, KfW IPEX Bank and Nordic Investment Bank on providing long-term financing totaling around EUR 326 million to LT Energija to construct the new Pagėgiai wind farm. The plans will make it one of the largest wind farms in the Baltic States. The wind farm, located on around 1,000 hectares, will have an […]
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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 […]