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Sorainen and Fort Advise on Genesta Property Nordic Sale of GNBLIT Kaunas Logistics

Sorainen and Fort Advise on Genesta Property Nordic Sale of GNBLIT Kaunas Logistics

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Sorainen has advised Genesta Property Nordic on the sale of 100% of its shares in GNBLIT Kaunas Logistics to EfTEN Capital. Fort advised the buyers on the deal.

Genesta Property Nordic is an independent real estate management company with offices in Sweden, Finland, Denmark, and Luxembourg. GNBLIT Kaunas Logistics, managed by Genesta Property Nordic, owns a complex of two A-class logistics buildings located in the Free Economic Zone of Kaunas that contain approximately 30,000 square meters of warehouse space, with additional offices.

The Sorainen team consisted of Counsel Mantas Petkevicius and Associate Karolis Kunigelis.

The Fort team advising EfTEN consisted of Partners Ruta Radzeviciute-Meizeraite and Andrius Mamontovas and Associate Aurelija Grigoraviciute.