Sorainen advised Genesta Property Nordic on the sale of 100% of its shares in GNBLIT Kaunas Logistics. GNBLIT Kaunas Logistics was acquired by one of the largest real estate fund managers in the Baltics – EfTEN Capital.
Genesta Property Nordic is an independent real estate management company with offices in Sweden, Finland, Denmark and Luxembourg. GNBLIT Kaunas Logistics, managed by Genesta Property Nordic, owns a complex of two A-class logistics buildings located in the Free Economic Zone of Kaunas that consists approx 30,000m2 of warehouse space with complimentary offices.
Sorainen assisted the client in all stages of the transaction. Our services included structuring the transaction, drafting the required transaction documentation, and representing the client in negotiations between the parties, as well as performing all other tasks connected with entering into and concluding the sale.
The Sorainen team consisted of counsel Mantas Petkevièius and associate Karolis Kunigëlis.