We advised investment fund Lords LB Special Fund I Subfund B on leasing an area of 7,000 m2 in its Lvovo business centre in Vilnius. The lease agreement was concluded with Telia Global Services Lithuania – a leading telecommunications company in Scandinavia and the Baltics. It will occupy 47% of the total area in the […]
Unexpectedly, the dusty and boring force majeure clause, which even lawyers usually read with a badly hidden yawn, has become a popular figure in the global coronavirus production. The case law on force majeure is rather scarce and there will certainly be a lot of exciting confusion in the fringes and details. But by its […]
The project VPH, a developer and manager of world-class commercial real estate across the Baltics and Belarus, has acquired a plot of 14.45 hectares in Stopiņu novads (Latvia) from Verus Praedium (owner of the IKEA store in Latvia), for development of a new lifestyle shopping centre Sāga. Sāga is located next to the IKEA store […]
We advised LHV Varahaldus in investing in Peetri Keskus (Peetri Centre), situated in Peetri village on the outskirts of Tallinn. LHV pension funds have acquired secured bonds maturing in five years in the total value of EUR 8,5 million, issued by Peetri Keskus under two separate issues. Vahur Vallistu, CEO of LHV Varahaldus, said the […]
Deals & Cases
We advised Autoūkis NT, a Kenova Group company, on the sale of a complex of buildings to a company controlled by Hanner Group. The complex, occupying an area of about 2 hectares, is located in Žirmūnai district in Vilnius. Detailed plan corrections, design proposals and design were prepared for the site and a construction permit […]