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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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Omberg Group completes the first stock-office type property sale in Lithuania
We advised real estate development company Omberg Group on the sale of one of its commercial properties — the stock-office project “Stockholm” in Kaunas. The property was acquired by Kamida NT, one of the companies within the international business group Kamida Group, which is expanding its real estate portfolio. This marks the first transaction of […]
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The largest Polish bank is opening a representative office in Lithuania
We provided advisory services to the largest Polish bank, PKO Bank Polski (PKO PB), in establishing a representative office in Lithuania. According to Marek Radzikowski, the bank’s vice-president responsible for operations and international banking, PKO PB’s strategy involves opening eight new foreign units by 2027: four branches and four representative offices. In choosing Lithuania, the […]
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Ignitis Group secures EUR 318 million financing for the biggest wind farm in the Baltics
We advised entities of Ignitis Group on signing the project financing agreements and securing EUR 318 million in funding for the 314 MW Kelmė Wind Farm. This is the largest project of its kind in the Baltic States, controlled by Ignitis Renewables, a subsidiary of Ignitis Group. The loan agreements were concluded between Vėjas LT […]
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SIRIN Development sells company owning a transport site in Vilnius
We advised SIRIN Development, a logistics real estate developer, on the sale of a strategic logistics and transport site in Vilnius to the passenger transport company TOKS. The sold 42,000 m² site will be transformed into a modern electric commercial vehicle service center, featuring an electric vehicle charging depot, a technical maintenance and service center, […]