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Walless Advises Baltic Horizon Fund on Acquisition of Vilnius Business Center

Walless Advises Baltic Horizon Fund on Acquisition of Vilnius Business Center

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Walless has advised the Baltic Horizon Fund on its EUR 20.7 million acquisition of the North Star business center in Lithuania from the UAB Prosperus Strategic RE Fund. Cobalt reportedly advised the Prosperus Strategic RE Fund on the deal.

North Star is a modern office building located on Ulonu street, near the central business district of Vilnius. The office complex has 10,600 square meters of leasable area and an underground parking facility with 370 places. According to Walless, this is the Baltic Horizon Fund's second acquisition of a Class B office building in Vilnius this year. 

The Walless team included Senior Associate Akvile Mackay and Associate Mantas Lideika.

Image Source: english.eurobuildcee.com

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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