Sorainen has advised TC Investicija on the sale of a building in Kaunas, Lithuania, to Integrated Stars. Financing for the transaction, which closed on December 9, was provided by Citadele Bank.
Financial details were not disclosed.
The building hosts the Topo Centras store and administration. According to Sorainen, “the four-storey building, together with adjacent buildings, occupies an area of 4,600 square meters. During the transaction, Topo Grupe, which manages Topo Centras stores, signed a long-term lease agreement with the new owner.”
Sorainen’s team included Partners Kestutis Adamonis and Saule Dagilyte, Counsel Indre Sceponiene, Senior Associates Julija Kirkiliene and Mantas Kuslys, Associate Ieva Tumalaviciute, and Legal Assistant Simonas Slitas.
Sorainen did not reply to our inquiry on the matter.