COBALT advised BaltCap on investment into The British School of Vilnius development
2021 - 12 - 28
COBALT advised BaltCap on the EUR 6 million investment into The British School of Vilnius development in Vilnius. The school will be built in Vilnius City Innovation Industrial Park. BaltCap will own and lease the school for 20 years. At the end of the contract period, The British School of Vilnius will buy it out.
Located on a plot of 12 thousand square metres, the A energy class, 4-storey, 4 thousand square metres building will have large, modern and bright classrooms. It will include a science laboratory and art classes, a gym, a swimming pool, and outside sports infrastructure with a football pitch and a basketball court. According to plans, the new school will accommodate up to 400 children from both preschool and school. The complex will employ up to 50 teachers and administrative staff.
COBALT represented the client in negotiations and advised the client on all other issues related to the transaction. The COBALT team consisted of the Partner, Head of the Real Estate and Infrastructure Practice Group Simona Oliškevičiūtė-Cicėnienė, Managing Associate Aušrys Šliavas and Senior Associate Ignas Jurkynas.