We successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. The Lithuanian Supreme Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics center in Kaunas district to the company owned by the W. P. […]
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 […]
We advised the special closed-type real estate investment company Tewox, managed by Lords LB Asset Management, on the acquisition of the Dragūnai shopping centre in Klaipėda. Since 2017, the shopping centre has been managed by the investment company Pirmoji investavimo įmonė, managed by Zabolis partners. For an undisclosed sum, Tewox purchased 3,239 m2 of retail […]
We successfully represented our client, one of the largest real estate investment groups in Europe, in arbitration proceedings before the Arbitration Institute of Stockholm Chamber of Commerce (SCC) against a former contractor for one of the largest business centres in Lithuania. The case was unique in that this complex construction dispute was on a large […]
We advised Lords LB Baltic Fund III, the closed-end real estate investment fund managed by Lords LB Asset Management, on closing down and selling 11 properties in Lithuania and Latvia. This is one of the largest portfolio sales in the Baltic States in recent years. Among the largest assets within the sale were the logistics […]
