COBALT advised Workland on acquisition of UMA


2021 - 07 - 27

COBALT advised Baltcap backed Workland on acquisition of UMA centers. BaltCap portfolio company Workland, a fully serviced offices and coworking centers group, is expanding its network by taking over two strategic UMA locations in Tallinn and in Vilnius. With the acquisition, Workland Group will secure its position as the market leader in the Baltics, offering unique coworking and office space solutions in all Baltic capitals.

COBALT represented the client’s interests in negotiations and advised the client on all other issues related to the transaction.

The COBALT team consisted of project lead Specialist Counsel Ott Aava, Partner, Head of the Real Estate and Infrastructure Practice Group Simona Oliškevičiūtė-Cicėnienė, Managing Associate Aušrys Šliavas, Senior Associate Madis Reppo and Assistant Lawyer Elis Toim.

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