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YIT Lietuva sells Sky Office business centre
We advised YIT Lietuva on the sale of Sky Office, a business centre in Vilnius. The building was acquired by the investment and asset management group Evernord, which established its 10th fund, Evernord Real Estate Fund VII. YIT Lietuva became a strategic partner of the fund and is investing alongside Evernord investors. Sky Office is […]
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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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YIT Lietuva and EfTEN Capital agree on the development of the Piliamiestis quarter in Kaunas
We advised YIT Lietuva on its transaction with EfTEN Special Opportunities Fund, managed by EfTEN Capital, regarding the fund’s investment into a new phase of the residential project Piliamiestis in Kaunas. YIT Lietuva will act as the project developer and general contractor, while EfTEN Capital will provide financing and contribute to the project’s implementation. EfTEN […]
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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 […]