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Sorainen and Cobalt Advise on Technopolis UMA Holding's Sale of UMA Workspace to Workland

Sorainen and Cobalt Advise on Technopolis UMA Holding's Sale of UMA Workspace to Workland

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Sorainen has advised Finnish Technopolis UMA Holding on the sale of its Estonian and Lithuanian UMA Workspace business to Workland. Cobalt advised Workland on the deal.

According to Sorainen, “Technopolis UMA Holding sold two UMA Workspace coworking spaces to the Estonian coworking network Workland – a space of 2,100 square meters in the G9 shopping center in Vilnius and a space of 1,800 square meters on Maakri Street in Tallinn. The acquired coworking spaces will be renamed and will operate under the Workland brand.”

Sorainen’s team in Lithuania included Partner Kestutis Adamonis and Senior Associate Lina Barniskiene and, in Estonia, Partner Paul Kunnap and Assistant Lawyers Joosep Kuusk and Anu Liinsoo.

Cobalt's team included Partner Simona Oliskeviciute-Ciceniene, Specialist Counsel Ott Aava, Managing Associate Ausrys Sliavas, Senior Associate Madis Reppo, and Assistant Lawyer Elis Toim.