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We advised real estate investment and management company Technopolis on signing an office lease agreement with Western Union Processing Lithuania (WU). The company, managed by the money transfer company Western Union, has leased more than 15,000 m2 of office space, making it the largest office lease transaction in the Vilnius market this year. WU expanding […]
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We advised cleaning service company Švaros broliai on developing a franchising model. So far this year the company has already concluded four transactions successfully transferring tunnel car wash businesses to new operators under a franchise agreement. Among the first Lithuanian companies to develop franchising model According to Ignas Pranskevičius, Executive Director of Švaros Broliai, the […]
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We advised investment management company Orion Asset Management on acquiring Plėtros investicijos, managing the Palanga bypass. SPV-39, a company managed by Orion Infrastructure Fund, acquired Plėtros investicijos from Kauno tiltai. The value of the transaction is not disclosed. Orion Infrastructure Fund is a closed-end investment undertaking intended for informed investors. One of the first public-private […]
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We assisted Deka Immobilien in securing acquisition of the Quadrum business centre in Vilnius from Norwegian-owned real estate company Schage Real Estate for about EUR 156 million. The building complex will be added to the portfolio of the Deka-ImmobilienGlobal open-ended real estate fund. This is the largest investment transaction in the Baltic office real estate […]
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We are advising Monerta on all legal matters related to development of a residential and business complex of approx 10,000 m² in Vilnius old town. Monerta is developing the project in partnership with Hanner. It is expected that approx EUR 20 million will be invested in the complex, which will comprise seven buildings and will […]