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
