Walless has advised Norway’s BCP Logistic Property III on its approximately EUR 10 million sale of the 18,000 square meters logistics center Lithuania’s Vinges Terminalas.
According to Walless, “the complex consists of 16,755 square meters of warehouse premises, and 1,375 square meters of office space. The object is located 19 kilometers from Vilnius, near the main Lithuanian highway Vilnius-Kaunas-Klaipeda (A1).” According to the firm, Siauliu Bankas financed the deal.
Vinges Terminalas is a logistics company which provides warehousing, preparation and labeling of goods, delivery, and customs clearance services.
Walless's team consisted of Partners Indre Jonaityte-Grice and Mindaugas Lukas and Junior Associate Domantas Vilys.
Walless did not reply to an inquiry about the deal.