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Titanium Baltic sells Kesko Senukai DIY store in Vilnius
We advised Finnish investment fund Titanium Baltic Real Estate on the sale of a company owning a real estate asset leased to Kesko Senukai Lithuania for its DYI retail operations. The store is situated on V. Pociūno St., Vilnius, and benefits from a strong strategic location near the Western Bypass, with Vilnius Outlet nearby, both […]
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W. P. Carey fund’s company wins dispute with Kesko Senukai Lithuania in the Supreme Court of Lithuania
The Supreme Court of Lithuania issued a final favorable procedural decision for our client, a company in Lithuania owned by the U.S. W. P. Carey investment fund, in a legal dispute against Kesko Senukai Lithuania regarding failure to pay rent for a logistics center owned by our client and rented to Kesko Senukai Lithuania. The court acknowledged that refusal of Kesko Senukai Lithuania to pay our client EUR 1.2 million in indexed rent due to […]
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Shift4 Payments leases all premises in the new connection of the EIKA Business centre
We advised the US payment processing company Shift4 Payments Lithuania on signing a lease agreement for an additional 1,400 m² in a new connection premises of the EIKA Business Centre, managed by Eika Development. Shift4 Payments will expand its presence by occupying over 5,000 m² of the EIKA Business Centre. With a total area exceeding […]
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EIKA sells shopping centre Pupa in Vilnius
We advised EIKA Group on the sale of Pupa shopping centre in Vilnius, Pilaitė micro-district. EIKA Development remains the manager of the shopping centre and plans to invest the proceeds in the development and expansion of new projects in Lithuania and the region. The Pupa shopping centre, built by EIKA in 2008, was the first […]
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Mainor becomes the sole developer of Baltics’ biggest business campus
We advised Technopolis on the sale of its majority shareholding in Technopolis Ülemiste to Mainor Ülemiste, its partner in the joint venture. The sale was completed following a positive decision from the Estonian Competition Authority. Technopolis provides efficient and flexible office spaces in six European countries, comprising 16 campuses hosting 1,500 companies and 48,000 employees. […]