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Ellex Valiunas Advises Norway's EECP on Luminor Loan

Ellex Valiunas Advises Norway's EECP on Luminor Loan

Lithuania
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Ellex Valiunas has represented Norwegian real estate investment company EECP on a EUR 40.5 million loan granted by Luminor that EECP will use to refinance the ten premises where Maxima stores are currently located.

According to Ellex Valiunas, "under the agreement, Luminor refinances its EECP loan portfolio with other banks and provides financing for real estate in eight Lithuanian cities." According to the firm, "EECP has two companies in Lithuania: EECP Retail Properties II, whose assets under management in 2018 amounted to EUR 36.3 million, and EECP Retail Properties III, whose assets are worth EUR 3.4 million."

The Ellex Valiunas team was led by Associate Partner Julija Nikitaraviciene.

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