We advised TC Investicija on the sale of a building in Kaunas where the Topo centras store is located and its administration is based. The building was purchased by Integrated Stars for an undisclosed amount; the acquisition was financed by Citadele Bank.

The four-storey building together with adjacent buildings occupies an area of 4 600 m2. During the transaction, Topo grupė, which manages Topo centras stores, signed a long-term lease agreement with the new owner. The transaction was closed on 9 December this year.

Our services and project team

We advised the client on transaction structuring and tax issues, as well as preparation of preliminary and final agreements and other transaction-related documents. Our team consisted of partners Kęstutis Adamonis and Saulė Dagilytė with senior associates Julija Kirkilienė and Mantas Kušlys, counsel Indrė Ščeponienė, associate Ieva Tumalavičiūtė and legal assistant Simonas Šlitas.