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On 3 May 2020 the Lithuanian Ministry of Economy and Innovation approved a state aid scheme for partial rent compensation for businesses most affected by COVID-19. This aid scheme entered into force on 4 May 2020; to take advantage of it, tenants must apply to INVEGA. Who qualifies for compensation Tenants wishing to claim partial […]
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Publication / Kęstutis Adamonis, Paul Künnap, Kätlin Krisak, Jānis Taukačs, Viktorija Cherkas, Agneta Rumpa, Karolis Kunigėlis, Agnė Sovaitė, Saulė Dagilytė, Alexey Fidek, Private: Olga Solovyanchik, Artem Melnikovich
In this webinar, we cover key topics for commercial property owners, including potential state aid availability, and discuss the most pressing questions. The webinar took place on 24 April 2020. Webinar topics: Rent rebates: are tenants entitled to rent rebates? What state aid is or may be available to owners of commercial properties? Tax: reliefs […]
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We advised investment fund Lords LB Special Fund I Subfund B on leasing an area of 7,000 m2 in its Lvovo business centre in Vilnius. The lease agreement was concluded with Telia Global Services Lithuania – a leading telecommunications company in Scandinavia and the Baltics. It will occupy 47% of the total area in the […]
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We assisted Deka Immobilien in securing acquisition of the Quadrum business centre in Vilnius from Norwegian-owned real estate company Schage Real Estate for about EUR 156 million. The building complex will be added to the portfolio of the Deka-ImmobilienGlobal open-ended real estate fund. This is the largest investment transaction in the Baltic office real estate […]
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Tesonet, a cyber security solutions company, will lease premises at the former Sparta factory in Švitrigailos Street, Vilnius. The company will lease an area of 15,000 m². The office is expected to house 1,500 employees. So far, this is the biggest office lease deal in the current year. Tesonet is also investing approx EUR 50 […]
