Sorainen’s Vilnius office has advised Luxembourg's REInvest Asset Management and its DEREIF SICAV FIS fund on their acquisition of the building housing SEB Bank's headquarters in Vilnius from the Lords LB Special Fund II.
Financial details of the transaction were not disclosed.
The acquisition is REinvest Asset Management's first in the Baltics. The building, which occupies a total area of approximately 13,000 square meters, opened this year, and Sorainen reports that 1,100 SEB Bank employees have already relocated to the new office space.
Sorainen’s team consisted of Partners Kestutis Adamonis and Saule Dagilyte, Senior Associate Lina Barniskiene, and Associates Ieva Tumalaviciute and Gabriele Raizyte.