Sorainen has advised Orion RE Income Fund I, managed by real estate development company Orion Asset Management, on the acquisition of the B66 business center in Kaunas, Lithuania, from developer YIT Kausta Bustas.
According to Andrius Baranauskas, owner of Orion RE Income Fund I, the decision to invest was based on the attractive location of the business center, the fact that well-known companies were already settled there, and the overall project quality.
The Sorainen team consisted of Partner Kestutis Adamonis, Senior Associate Lina Ragainyte, and Associate Lina Stropute.
Image Source: yit.lt