-
YIT Lietuva and EfTEN Capital agree on the development of the Piliamiestis quarter in Kaunas
We advised YIT Lietuva on its transaction with EfTEN Special Opportunities Fund, managed by EfTEN Capital, regarding the fund’s investment into a new phase of the residential project Piliamiestis in Kaunas. YIT Lietuva will act as the project developer and general contractor, while EfTEN Capital will provide financing and contribute to the project’s implementation. EfTEN […]
-
Ober-Haus: Baltic real estate market still challenging, but opportunities open up
Ober-Haus presents its annual real estate market report for 2024 on the capital cities of the Baltic countries. The report covers the office, retail, warehousing, residential and land markets in each of the capital cities: Riga, Tallinn and Vilnius. Our Baltic-wide team of real estate legal experts prepared legal notes for the report. Baltic real […]
-
Ober-Haus Real Estate Market Report 2022
Our pan-Baltic Real Estate & Construction team have prepared legal notes for the annual Ober-Haus Real Estate Market Report 2022 on the capitals of the Baltic States: Vilnius, Riga and Tallinn. The overview focuses on the markets in office, commercial, storage and residential premises, as well as on land plots in each of the capital […]
-
Baltic real estate markets show resilience
“If the commercial property sector in the Baltic countries saw larger or smaller losses and the prospects for individual segments remain vague, the residential property sector has easily withstood the challenges posed by the coronavirus pandemic and has even strengthened its position in some places. First of all, the residential property sector in Lithuania and […]
-
Companies affected by COVID-19 can apply for partial rent compensation in Lithuania
On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]