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Decathlon continues its development in Lithuania: store to be built in Klaipėda
We advised the French sports goods chain Decathlon on concluding an agreement with real estate development company Galio Group on the construction and lease of a new store in Klaipėda. This will be the third Decathlon store in Lithuania – the company opened a store in Vilnius in 2018 and agreed the lease of a […]
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Decathlon store to be built in Kaunas
We advised Decathlon on concluding an agreement with Baltic Shopping Centers, which manages the Kaunas shopping centre Mega, on the construction and lease of a new store at an adjacent site. Decathlon is a French capital sports goods chain, which opened its first store in Lithuania in 2018. In total, the chain has more than […]
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SBA Group sells logistics centre and factory real estate to EfTEN Fund
We advised the SBA Group on its largest-ever real estate sale transaction. The logistics centre and the furniture component factory in the SBA Industry Innovation Valley near Klaipėda has been transferred to the green real estate fund managed by Estonian fund management company EfTEN Capital AS. Deal value – EUR 28.6 million. SBA Industry Innovation […]
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INVL fund signs EUR 13.6 million deal with Linas Agro Group
We advised INVL Sustainable Timberland and Farmland Fund II in acquiring seven companies from the agricultural business group Linas Agro Group for a total of EUR 13.6 million. The newly acquired companies indirectly own 2,000 ha of agricultural land. The fund acquired 100% of the shares of the Latvian Zemvalda land management holdings group from […]
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Lords LB to sell logistics centre in Riga
We advised Lords LB Baltic Fund III, which is managed by the Lithuanian investment company Lords LB Asset Management, on the sale of a logistics centre in Riga to EfTEN Real Estate Fund 4 belonging to Estonian investment company Eften Capital. This is the largest logistics sector transaction in Latvia since 2018. The transaction is […]