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Sorainen Advises Lords LB Special Fund I Subfund B on Lease to Telia Global Services Lithuania

Sorainen Advises Lords LB Special Fund I Subfund B on Lease to Telia Global Services Lithuania

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Sorainen has advised Lords LB Special Fund I Subfund B investment fund on its lease of a 7000 square meter area in its Lvovo business center in Vilnius to Telia Global Services Lithuania, a telecommunications company in Scandinavia and the Baltics.

According to Sorainen, "The A+ energy class office building and its underground parking lot will take up an area of 23,000 square meters. The plan is for the business centre to open in the first quarter of 2021. Lords LB Special Fund I Subfund B will invest EUR 40 million in the project."

Sorainen's team included Partner Kestutis Adamonis and Senior Associate Karolis Kunigelis.

Sorainen did not reply to our inquiry on the matter.

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