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We assisted pharmaceutical company Oribalt in concluding a logistics terminal development and lease contract with Baltic Sea Properties. Norwegian real estate investment company Baltic Sea Properties will develop a property with a total area of 6,500 m2 designed for Oribalt needs. Long-term lease Baltic Sea Properties and Oribalt signed a long-term lease contract. Baltic Sea […]
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Sorainen assisted Swedish investment company Eastnine in acquiring three S7 business centres in Vilnius. Transaction value – EUR 128.3 million. This is the biggest acquisition in the office buildings category in the history of the Baltic states. Acquisition of the first business centre was completed in February 2019. Acquisition of the second and third business […]
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Sorainen advised Inchcape International Holdings Limited, a wholly owned subsidiary of Inchcape plc, on entering into an agreement to acquire the exclusive BMW distribution business in Lithuania. Inchcape received merger clearance from the Lithuanian Competition Council on 21 December 2018. This acquisition further strengthens Inchcape’s relationship with BMW Group – a core brand partner – in […]
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Sorainen has been advising Hewlett Packard Enterprise (HPE) on contracting Swiss-based ALSO Holding to run its sales and services business in Lithuania, Ukraine and Belarus. US-based HPE provides IT, technology and enterprise products, solutions and services worldwide. ALSO Holding offers services at all levels of the ICT value chain. Under the agreement, ALSO will set […]
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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 […]
