From 1 January 2021 amendments to the laws on Investment, the Legal Status of Foreigners, Zoning & Planning, Land, and Employment will enter into force in Lithuania. These amendments are incentives to local and foreign investments in large projects developed in the fields of processing manufacturing, data processing or hosting services. A large project is […]
Sorainen partner Aušra Mudėnaitė continues her activity as a member of the board of the Lithuanian Real Estate Development Association (LNTPA). Aušra, who co-heads the firm’s Real Estate and Construction team in Lithuania, has been selected as a member of the board of the association for the third time. Comments Aušra: “I am grateful to […]
We advised real estate development company Darnu Group on the sale of the second building – East Hill – in the Park Town business centre. This is one of the largest commercial property sale transactions completed in the Baltics this year. The 15,000 m2 Class A office building was acquired by an investment company jointly […]
We advised real estate investment and management company Technopolis on signing an office lease agreement with Western Union Processing Lithuania (WU). The company, managed by the money transfer company Western Union, has leased more than 15,000 m2 of office space, making it the largest office lease transaction in the Vilnius market this year. WU expanding […]
We advised cleaning service company Švaros broliai on developing a franchising model. So far this year the company has already concluded four transactions successfully transferring tunnel car wash businesses to new operators under a franchise agreement. Among the first Lithuanian companies to develop franchising model According to Ignas Pranskevičius, Executive Director of Švaros Broliai, the […]
