SEB bank has leased premises in a new business centre currently under construction. The bank has rented almost the whole area of the business centre and signed the highest-value lease agreement in Lithuania so far this year. The project is expected to be finished by 2020. A class ‘A’ business centre with total area is […]
Sorainen advised investment fund Orion RE Income Fund I, managed by real estate development company Orion Asset Management, on acquiring the B66 business centre located in Kaunas from real estate development company YIT Kausta būstas. This is the fund’s first real estate investment in Kaunas. The B class business centre will accommodate up to 450 […]
Sorainen advised Finnish fund YCE Housing I, managed by Vicus Capital Advisors Limited, on investment in Stage I of the ‘Raitininkų sodai’ residential construction project in Vilnius. The project, developed by Lithuanian construction company YIT Kausta, involves construction of a complex of 210 modern apartments in a strategically attractive area in Vilnius close to the […]
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 is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
