Real Estate

Investing in real estate means making a long-term commitment and we work hard to ensure our clients are kept up to date on all the opportunities and challenges of the real estate market as it evolves.

We strive to find solutions that are secure and meet the needs of our clients, because we know that businesses are exposed by the volatility of the real estate market. We ensure our clients find the right partners to do business with and provide legal services that are efficient, cost-effective and results-oriented.

Our legal services offered to the real estate sector include:

  • real estate transactions: acquisition, sale and lease; 
  • design, construction and territorial development;
  • PPP projects;
  • planning and zoning;
  • real estate restructuring and refinancing;
  • security interests.
  • aquisition and sale of mega shopping centre in Kaunas;
  • acquisition of 9 Maxima retail stores;
  • acquisition and lease-back of Norfa property portfolio, one of the leading retail chains in Lithuania;
  • acquisition and subsequent development of the commercial and residential projects in Vilnius (Vilnius office park, Scandipark) and Klaipėda (Riverside);
  • acquisition and lease-back of Vinges logistics terminal;
  • acquisition and lease-back of Durapart factory in Panevežys;
  • acquisition of Akropolis, Kaunas, the shopping and entertainment centre of approximately 60,000 gross letable area (the biggest real estate acquisitions in the Baltics so far);
  • advising Kalnapilio-Tauro Grupė, the second biggest Lithuanian brewery, on the sale of its real properties in Vilnius;
  • acquisition of the land plots through the sale of Ekfita UAB having the total value of LTL 13.2 million;
  • acquisition of the shopping centre Ausra in Utena;
  • acquisition of the shopping centre BIG in Vilnius;
  • advising a Norwegian investment fund in a LTL 80 million acquisition of real properties in Vilnius and Klaipėda;
  • aale of Dobrovoles logistics terminal;
  • acquisition of the Hotel Takioji Neris in Kaunas;
  • advising on the restructuring and subsequent sale to the international investor of the real estate portfolio leased by Senukai DIY retail chain;
  • legal due diligence of the leading Lithuanian shopping and entertainment centres developers in Lithuania and Latvia;
  • Vilniaus Akropolis AB - preparation of an initial public offering (IPO);
  • advising on the project of acquisition and development of Palanga SPA;
  • developing a chain of Lithuanian service stations by global oil producer Shell and its subsequent sale;
  • acquisition of real estate by the US Embassy in Lithuania;
  • acquisition, construction and financing of a 24-floor, 240 room Reval Hotel Lietuva property;
  • sale and acquisition financing of Radisson SAS Astorija hotel;
  • acquisition, construction and financing of a 20,000 square metre Best Western hotel;
  • acquisition, construction and financing of a 20,000 square metre modern commercial property Business Center 2000 in Vilnius.  

Contacts

Jogailos 4, 01116 Vilnius