Sorainen is advising real estate management and development company MG Valda on the sale of the Park Town office complex in Vilnius. MG Valda has successfully closed the sale of the first building (West Hill) of Park Town and agreed on sale of the second building (East Hill). Transaction value is undisclosed. Construction of the […]
Sorainen advised real estate management and development company MG Valda on the sale of the Verslo trikampis business complex. Verslo trikampis was acquired by real estate fund LIM Verslo trikampio NT fondas, which is controlled by fund management company Lewben Investment Management, which in turn is owned by the Lewben Group. The value of the […]
Sorainen successfully represented Mindaugas Marcinkevičius, a minority shareholder in VP grupė, against claimant Vilniaus prekyba, which was seeking an order for Mindaugas Marcinkevičius to pay approx EUR 81 million on account of his alleged action to stop the sale of Akropolis shopping centres several years ago. The Vilnius City District Court dismissed Vilniaus prekyba’s action. […]
Deals & Cases / Eva Berlaus, Jānis Bite
Sorainen advised Baltic Horizon Fund, managed by Northern Horizon Capital, in acquiring the Vainodes 1 office building in Riga, at a total purchase price of approx EUR 21.3 million. On 14 November 2017, the deal was confirmed when a share purchase agreement was signed with sellers NULE 4 and NM 2 for the acquisition of […]
Sorainen assisted INCANA, a leader in the production of wall decoration systems, in its acquisition of multiple forest properties. Sorainen provided expertise regarding the contents of the purchase agreement and assisted in evaluating possible risks that might materialise as regards acquisition of forest property. The client was advised by partner Lelde Laviòa.