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COBALT advised EIKA on the sale of Business Centre 135 in Vilnius

2017-12-01

COBALT represented UAB EIKA, one of the largest real estate development and construction companies in Lithuania, in connection with the sale of Business Centre 135 in Vilnius to the closed-end investment undertaking intended for informed investors UAB Capitalica Baltic Real Estate Fund I, represented by the management company UAB Capitalica Asset Management.

Business Centre 135 is a high-quality, modern office building with unconventional fit-out solutions, occupying a total area of over 8,400 sq. m. It accommodates market leaders in their specific areas and world-famous brands, such as Devbridge Group, Bo Concept, ACME Group, Studija Moderna, and others.

COBALT team drafted the transaction documents, represented the interests of UAB EIKA in negotiations and advised on all other transaction related issues. The team included Partner and Head of Real Estate and Infrastructure Department Simona Oliškevičiūtė-Cicėnienė, Managing Associate Artūras Kojala and Associate Liucija Bitinaitė.