Tue, Nov
56 New Articles

Sorainen Advises Urban Inventors on Acquisition of Part of Kauno Grudai Site

Sorainen Advises Urban Inventors on Acquisition of Part of Kauno Grudai Site

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Sorainen has advised SBA group company Urban Inventors on the acquisition of a part of the former Kauno Grudai site in Kaunas, Lithuania, from Omina Bona, Antra Kryptis, and Emea Rei Limited. Solo practitioner Donatas Venslavicius reportedly advised the sellers on the deal.

According to Sorainen, Urban Inventors intends to build an office complex on the 2.5 hectare site, located on the river shore in front of Nemunas Island.

Sorainen reports that Kaunas city municipality is currently preparing a detailed city plan. According to the plan, the intended designation of land will be changed from industrial to commercial.

The Sorainen team was consisted by Partner Ausra Mudenaite and Associate Julius Raskauskas.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.


Our Latest Issue