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Deep Wind Offshore wins the auctions for the Saare 2.1 and Saare 2.2 offshore areas
We advised the Norwegian company Deep Wind Offshore on the purchases of the Saare 2.1 and Saare 2.2 offshore areas. As the sole participant in the auction, Deep Wind Offshore acquired the Saare 2.1 offshore area at the starting price of EUR 2.457 million, and Saare 2.2 also at the starting price of EUR 1 […]
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Ober-Haus: Baltic real estate market still challenging, but opportunities open up
Ober-Haus presents its annual real estate market report for 2024 on the capital cities of the Baltic countries. The report covers the office, retail, warehousing, residential and land markets in each of the capital cities: Riga, Tallinn and Vilnius. Our Baltic-wide team of real estate legal experts prepared legal notes for the report. Baltic real […]
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LIDL sells and leases back 4 retail stores
We are advising LIDL Lietuva on signing sales agreements and long-term leaseback agreements for 4 retail stores. The company will continue its retail operations Lidl store in Molėtai opened on 10 June on the Vilnius-Utena highway. Other stores are under construction and are expected to be completed soon. LIDL Lietuva will continue its retail activities […]
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NT plėtros grupė sells an exclusive project in Stoties district
We advised NT plėtros grupė, an open-ended investment fund for informed investors, on selling a project together with a land plot and buildings in the Vilnius Stoties district. The project was sold to a closed-end investment company, KŪB PARTNERSHIP I, managed by UAB Eika Asset Management. The company intends to develop an exclusive apartment complex, […]
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Mainor becomes the sole developer of Baltics’ biggest business campus
We advised Technopolis on the sale of its majority shareholding in Technopolis Ülemiste to Mainor Ülemiste, its partner in the joint venture. The sale was completed following a positive decision from the Estonian Competition Authority. Technopolis provides efficient and flexible office spaces in six European countries, comprising 16 campuses hosting 1,500 companies and 48,000 employees. […]