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 is advising PPI Group on acquiring a site in Vilnius old town to develop residential buildings with commercial premises. Planned investment is approx EUR 20 million. PPI Group general manager Dominykas Jasilionis says that for the company this is by far the biggest residential project in the Lithuanian capital’s old town. Currently the company […]
Sorainen advised NEPI Rockcastle on its acquisition of 100% of the shares in Ozantis, which owns the Ozas shopping and entertainment centre in Vilnius, from a company in the Hamburg-based ECE group. With an aggregate purchase price of EUR 124.6 million, this is one of the largest single property real estate investments in the Baltic […]
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 is advising Nelja Energia, a renewable energy producer and developer in the Baltic States, on the sale of a 100% shareholding to Enefit Green, a fully owned subsidiary of Eesti Energia, the largest energy producer in the Baltic States. Vardar has agreed (through its subsidiary Vardar Eurus) to sell its 77% holding of shares […]