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Decathlon expands to Estonia
We advised Decathlon Lietuva, the Lithuanian subsidiary of Decathlon, upon negotiating a commercial lease agreement for premises in Estonia, necessary for Decathlon’s entry into the Estonian sports goods market. Major market player Decathlon is the world’s largest seller of sports products. It has more than 2,080 stores and more than 93,000 employees in 56 countries. […]
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W.P. Carey fund’s company wins court case against Kesko Senukai over unpaid rent
We successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. The Lithuanian Supreme Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics center in Kaunas district to the company owned by the W. P. […]
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Finnish fund Titanium Baltic Real Estate acquires Avia Solutions Group‘s headquarters building in Vilnius
We advised the Titanium Baltic Real Estate fund, managed by the Finnish asset management company Titanium Fund Management Company, on acquiring the Avia Solutions Group headquarters developed by AeroCity Group in Vilnius, Lithuania. The world’s leading aviation services group Avia Solutions Group continues to be the only 10,800 sq. m tenant of the building under […]
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Spaces brand launch in Latvia
The holding company IWG’s hybrid co-working spaces brand Spaces and the developer of the Zunda Towers have signed an agreement, according to which the holding company IWG’s brand Spaces will occupy three floors with an area of 2,348 square metres in the Zunda Towers high-rise buildings. The premises will be used as hybrid co-working spaces, […]
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Tietoevry becomes the largest tenant of the Verde office centre with the largest office lease agreement of 2022
Tietoevry and the developer of the Verde office centre have signed a lease agreement, according to which Tietoevry will lease office space with an area of 4,500 square metres in the B building at the Verde office centre, becoming its largest tenant. The leased premises will be used for the purposes of the Tietoevry Latvia […]