Cobalt Advises Prosperus Asset Management on Acquisition of Lithuanian Shopping Center

Cobalt Advises Prosperus Asset Management on Acquisition of Lithuanian Shopping Center

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Cobalt has advised Prosperus Asset Management on its acquisition of a shopping center in Klaipeda, Lithuania, from Raseiniu Pletra.

Financial details of the transaction were not disclosed.

According to Cobalt, the center covers over 5,100 square meters and its anchor tenant, one of the current 15, is the retail chain Rimi.

Cobalt’s team consisted of Partner Simona Oliskeviciute-Ciceniene, Managing Associate Ausrys Sliavas, Associate Partner Vydmantas Grigoravicius, and Expert Andrius Kazlauskas. The firm did not reply to an inquiry about the deal.