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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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Deep Wind Offshore wins the auctions for the Saare 2.1 and Saare 2.2 offshore areas
We advised the Norwegian company Deep Wind Offshore on the purchases of the Saare 2.1 and Saare 2.2 offshore areas. As the sole participant in the auction, Deep Wind Offshore acquired the Saare 2.1 offshore area at the starting price of EUR 2.457 million, and Saare 2.2 also at the starting price of EUR 1 […]
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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 […]
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LIDL sells and leases back 4 retail stores
We are advising LIDL Lietuva on signing sales agreements and long-term leaseback agreements for 4 retail stores. The company will continue its retail operations Lidl store in Molėtai opened on 10 June on the Vilnius-Utena highway. Other stores are under construction and are expected to be completed soon. LIDL Lietuva will continue its retail activities […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]