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 […]
We advised investment fund Lords LB Special Fund I Subfund B on leasing an area of 7,000 m2 in its Lvovo business centre in Vilnius. The lease agreement was concluded with Telia Global Services Lithuania – a leading telecommunications company in Scandinavia and the Baltics. It will occupy 47% of the total area in the […]
The Lithuanian Supreme Court ruled in favour of our client – Mindaugas Marcinkevičius, a minority shareholder in VP Group – in a case over his allegations about aggressive tax policies applied by VP Group companies. The result also represents failure of an attempt to dismiss M. Marcinkevičius’s allegations by Vilniaus Prekyba, Franmax and Leksita, all […]
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 […]
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 […]