` Simona Oliškevičiūtė-Cicėnienė | COBALT

Simona Oliškevičiūtė-Cicėnienė

Partner / Lithuania


Simona Oliškevičiūtė-Cicėnienė is a Partner and Head of Real Estate and Infrastructure Department at COBALT Lithuania. She has over 18 years of experience in advising various market leading international and local companies, as well as Lithuanian Government and its institutions on sophisticated mergers & acquisitions, joint ventures, as well as private equity transactions in real estate, energy, infrastructure, finance and other industries. Simona is a co-author of Legal Aspects of Doing Business in Europe/Lithuania, Corporate Governance Guide and Business Value Management Guide.


  • Real Estate – Band 2, Chambers Europe 2023
  • Project development – Highly regarded, IFLR1000 2022
  • Projects and energy – Leading individuals, The Legal 500 2022
  • Real estate and construction – Next generation partners, The Legal 500 2022


  • Lithuanian, English, French, Russian

Membership & education

  • Present – member of International Bar Association (IBA), Lithuanian Young Bar Association (LJAA) and BMI Alumni Association
  • 2009 to March 2013 – President of the Lithuanian Young Bar Association (LJAA)
  • 2008-2009 – President of the European Young Bar Association (EYBA)
  • 2000-2001 – President of the European Law Students’ Association, Vilnius local group (ELSA Vilnius)
  • 2011 Baltic Management Institute (BMI), Executive Master of Business Administration (EMBA) degree
  • 2006 College of Law of England and Wales, Practice Diploma in International Joint Ventures
  • 2003-2004 Studies at Université Paris-X Nanterre, Paris (France), Scholarship under International student exchange programme
  • 2004 Vilnius University, Master of Laws (LL.M.) degree
  • 2000-2003 Oscar Milosz Cultural Centre with the Embassy of France in Lithuania, Courses of French language
  • 1997-1998 Elkhart Memorial High School, Indiana (USA), Scholarship under International Student Exchange Programme YFU

    COBALT advised Baltic Horizon on transaction to sell Duetto office buildings

    COBALT advised the Norwegian investment company EECP on the largest real estate market transaction in the Baltic countries in 2022!

    COBALT represented private investors in the purchase of a retail and office building in Vilnius

    COBALT advised UAB Union Asset Management on the acquisition of BFIII Klaipėda

    COBALT advised PREF III on acquiring the shopping center PC Mandarinas

    COBALT advised BaltCap on investment into The British School of Vilnius development

    COBALT advised Prosperus on acquisition and lease-back of the new Biok Laboratory plant near Vilnius

    COBALT advised Union RE Core Fund I in acquiring a complex of administrative and industrial buildings in Kaunas

    COBALT advised BaltCap Infrastructure Fund on conclusion of Concession Agreement to build the National Stadium in Lithuania

    COBALT advised Workland on acquisition of UMA

    COBALT advised Prosperus fund in acquiring a shopping centre in Klaipeda

    COBALT advised SEB & VIPA on financing the PPP project of BaltCap and Kaunas District Municipality for the upgrade of educational infrastructure

    COBALT advised Prosperus Real Estate Fund III on the acquisition of a shopping center in Kaunas

    COBALT advised UAB Vilbra on leasing 9,000 sq. m premises in the business center in Vilnius for the rapidly expanding UAB Vinted

    COBALT advised UAB Sonex Consulting on sale of business center in Vilnius to EfTEN Capital

    COBALT represented Western Union Processing Lithuania (WU) in concluding the largest office lease agreement in 2020 with Technopolis

    COBALT advised Corum Origin in the acquisition of the DEPO store in Kaunas

    COBALT represented LF Property in the sale Vilnius business center Goštauto 40

    COBALT Represented Prosperus Asset Management in the Sale of North Star Business Centre in Vilnius to Baltic Horizon Fund

    COBALT advised Orion RE Income Fund I, managed by investment company Orion Asset Management, on the acquisition of the Sostena auto office building in Vilnius

    COBALT advised French real estate investment company Corum Origin on the acquisition of DEPO shopping centre in Vilnius

    COBALT represented UAB Prosperus Real Estate Fund III in the acquisition of a shopping centre in Palanga

    COBALT advised BaltCap Infrastructure Fund on its investment in the development of a new Queen Morta school building in Kalnėnai

    COBAL represented UAB Imlitex Holdings in the sale of A-class business centre ARKA in Kaunas

    COBALT represented UAB LIM Verslo Trikampio NT Fondas in acquiring A class office complex Verslo trikampis in Vilnius

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

    COBALT advised Energy and Infrastructure SME Fund on the acquisition of UAB Čiurlionio tiltas

    COBALT advised UAB Rail Baltica statyba on the strategic infrastructure development project Rail Baltica

    COBALT advised on the acquisition of Nordika shopping centre

    COBALT advised EIKA UAB on the establishment of a specialised closed-end real estate investment fund

    COBALT is assisting Höegh LNG with legal matters related to the LNG terminal project


    COBALT advised UAB Evolis on the construction of Class A PREMIUM office development

    COBALT advised on a major real estate transaction in relation to the sale of the shopping centre Gedimino 9

    We are driven by your recognition

    "Simona has priceless experience in the real estate sector and a strong legal background with a perfect mix of personal skills, enabling her to come up with quick solutions in many problematic cases."
    Chambers Europe 2023, Real Estate
    "Simona always demonstrates great energy and sophistication, as well as dedication to achieving the best results for the client."
    Chambers Europe 2023, Real Estate
    "Simona is a well-known figure in the market, described by industry sources as "very active and very motivated." She engages in infrastructure, M&A and development work for domestic and international clients, and assisted LIM Verslo Trikampio NT Fondas with its acquisition of an office complex in Vilnius."
    Chambers Europe 2019, Real Estate