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After successfully solving disputes on the architectural value of a former road police building in Giraitės street, the building and its assigned site of 2.2 ha will be turned into an office complex. The building was acquired in 2015 by Lidl Lietuva. Procedures had stopped due to disagreements over the architectural value of the former police […]
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News
The team leader of Sorainen Latvia Real Estate & Construction Team, Lelde Laviòa, has been unanimously invited by the partnership to become the 28th partner of the firm as of 1 January 2017. Lelde has been working at Sorainen since 2005 and during that time has become a leading Latvian construction law specialist. Clients appreciate […]
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Sorainen advised Tauropolis, real estate development company, on its acquisition of part of a building complex located in the former Vilniaus Tauro brewery territory in Vilnius, which is a cultural heritage. In a property located in Aludarių street, Tauropolis intends to develop offices, apartments and a hotel as well as the biggest SPA centre in […]
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Sorainen advised CPA:17 – Global on the acquisition of a modern Class A central logistics facility located in Kaunas and signing a long-term lease agreement with Kesko Senukai, a leading Do-It-Yourself retailer in Lithuania and the Baltic States. The property was purchased for approx EUR 60 million, including associated acquisition fees and expenses. CPA:17 – […]
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Sorainen advised Lords LB Baltic Fund IV in the acquisition of an office building in central Tallinn known as EU House. The transaction posed some unique challenges due to the fact that the property is structured as a building title and parts of the building remained under reconstruction during the transaction. Additionally, the transaction involved […]
