15min.lt: SBA Group sells logistics centre and factory real estate to EfTEN Fund, transaction financed by Luminor

Publication / 9 December 2020

The SBA Group has carried out 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 the Estonian fund management company EfTEN Capital AS.

During the transaction, legal advisors were the law firm Sorainen for the SBA Group and FORT for EfTEN Capital AS. After the acquisition, five properties are in the EfTEN Real Estate Fund 4 investment portfolio, including Kadrioru business centre in Tallinn, Dominante logistics centre in Riga, River Mall shopping centre/River Hall business centre in Kaunas and RYO Shopping centre in Panevėžys.

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