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Fund managed by Lords LB Asset Management acquires Holiday Inn hotel in Vilnius
We advised Lords LB Baltic Green Fund (V) on acquiring 100% of Valmeda’s shares. Valmeda owns Holiday Inn hotel, which has an area of more than 7,000 m² on Šeimyniškių Street in Vilnius. Situated in a prestigious location in Vilnius Marius Junda, fund manager at Lords LB Baltic Green Fund (V), comments: “We are glad […]
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Darnu Group acquires 8.3 hectares of land near Litexpo exhibition centre in Vilnius
Our team advised Darnu Group on acquiring 8.3 hectares of land for the construction of residential buildings with commercial premises. The company plans to build approx 900 apartments on the site. Construction is expected to start in the second half of 2022. This is one of the largest acquisition transactions of real estate for development […]
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EIKA Development Fund acquires Visorių centras
We assisted EIKA Development Fund, a closed-end investment fund for well-informed investors, in acquiring 100% of the shares in Visorių centras – a real estate development and leasing company. The fund, which is managed by the investment management company Eika Asset Management, intends to develop apartment buildings on the acquired site on Visorių Street in […]
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Darnu Group develops the sixth stage of Paupys district
We advised real estate development company Darnu Group on a construction work agreement with UAB Naresta for the sixth stage of Paupys district. Darnu Group is starting on the last construction work The sixth block of Paupys was designed by Kančo studija architects Gustė Kančaitė and Kęstutis Kajokas. Most of it (over 11,200 sq. m) […]
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Darnu Group sells second building in Park Town business centre
We advised real estate development company Darnu Group on the sale of the second building – East Hill – in the Park Town business centre. This is one of the largest commercial property sale transactions completed in the Baltics this year. The 15,000 m2 Class A office building was acquired by an investment company jointly […]