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EIKA Group acquires a company holding a strategic site in Visoriai – over 500 new apartments planned
We advised EIKA Group on the acquisition of the shares in a company that owns a building complex located at Visorių St. 20 in Vilnius. The site is intended for the development of a residential project meeting A++ energy efficiency standards. The project will be implemented in several stages, with more than 500 apartments planned in […]
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Largest Baltic deal of this decade: Salling Group completes acquisition of Rimi Baltic
We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
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Lidl Lietuva sells and leases back two new stores
We advised Lidl Lietuva on the sale and long-term leaseback for two newly built stores in Lithuania. 1,979 sq. m store in Jurbarkas and a 2,312 sq. m store in Panevėžys were acquired by Tewox. The acquisition was financed with a EUR 6.7 million loan from Luminor Bank. Tewox acquired the store buildings along with […]
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Largest Baltic deal of this decade: Salling Group agrees to acquire Rimi Baltic
Salling Group, the largest retailing group in Denmark, agreed to acquire Rimi Baltic which operates retail chains in Latvia, Lithuania and Estonia. With a valuation of EUR 1.3 billion, this marks the largest Baltic transaction during this decade. Sorainen partner Laimonas Skibarka comments: “This will be one of the largest investments in the Baltics to […]
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LIDL sells and leases back 4 retail stores
We are advising LIDL Lietuva on signing sales agreements and long-term leaseback agreements for 4 retail stores. The company will continue its retail operations Lidl store in Molėtai opened on 10 June on the Vilnius-Utena highway. Other stores are under construction and are expected to be completed soon. LIDL Lietuva will continue its retail activities […]