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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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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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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 […]
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We advised Orkela, part of investment management company Lords LB Asset Management, on a project for conversion of the former Šv. Jokūbo hospital in Vilnius city centre. The complex, called Vasario 16 kompleksas and spreading across 16,000 m2, will house a hotel with conference centre, as well as restaurants, cafes, shops and administrative buildings. Orkela […]
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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 […]
