Sorainen assisted SBA group company Urban Inventors in acquiring part of the former Kauno grūdai site in Kaunas from Omina bona, Antra kryptis and Emea Rei Limited. Urban Inventors intends to build an office complex on the site measuring approx 2.5 hectares, located on the river shore just in front of Nemunas island.
Kaunas city municipality is currently preparing a detailed city plan, in which the intended designation of land will be changed from industrial to commercial.
The Sorainen team performed due diligence and assisted the client in transaction-related matters.
The client was advised by partner Aušra Mudėnaitė with associate Julius Raškauskas.