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Fort Legal Advises EfTEN on Large Kaunas Real Estate Acquisition

Czabanski & Galuszynski Advises Acteeum Central Europe and Equilis Polska on Financing for Chelm Shopping Center

Lithuania
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Fort has advised EfTEN Real Estate Fund 4 on its acquisition of the shares of the company managing the River Mall shopping center and the newly-constructed River Hall business center in Kaunas, Lithuania, from a member of the Sirin group.

The deal is reported to be the biggest real estate transaction in Kaunas in the last three years.

The total area of the shopping center is 11,200 square meters while the 5-floor business center claims 8,600 square meters. According to Fort, both host more than 30 tenants. 

The Fort team conducting legal due diligence of the target company, advising on the structure of the transaction and financing and securitization arrangements, negotiating the sale and purchase agreement, and assisting with closing included Partner Ruta Radzeviciute-Meizeraite, Senior Associate Aiste Samuilyte-Mamontove, and Associates Aurelija Grigoraviciute-Rimeisiene, Paulius Uosis, and Vadimas Maksimenka.

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

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