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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, […]
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Decathlon continues its development in Lithuania: store to be built in Klaipėda
We advised the French sports goods chain Decathlon on concluding an agreement with real estate development company Galio Group on the construction and lease of a new store in Klaipėda. This will be the third Decathlon store in Lithuania – the company opened a store in Vilnius in 2018 and agreed the lease of a […]
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Decathlon store to be built in Kaunas
We advised Decathlon on concluding an agreement with Baltic Shopping Centers, which manages the Kaunas shopping centre Mega, on the construction and lease of a new store at an adjacent site. Decathlon is a French capital sports goods chain, which opened its first store in Lithuania in 2018. In total, the chain has more than […]
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SBA Group sells logistics centre and factory real estate to EfTEN Fund
We advised the SBA Group on its largest-ever real estate sale transaction. The logistics centre and the furniture component factory in the SBA Industry Innovation Valley near Klaipėda has been transferred to the green real estate fund managed by Estonian fund management company EfTEN Capital AS. Deal value – EUR 28.6 million. SBA Industry Innovation […]