Fort Legal has advised EfTEN Capital on its acquisition and leaseback agreement with the Arginta Group for three office and industrial buildings in Vilnius. Ellex Valiunas advised the Arginta Group on the deal.
Fort describes the Arginta Group as a “well renowned developer of water management and renewable energy projects.”
EfTEN Capital is a Tallinn-based asset management company that specializes in real estate investments in the Baltic region.
According to Ellex, the complex transferred to EfTEN consists of three industrial, logistics, and administrative buildings built in 2007, 2012, and 2018, with a total leased area exceeding 16 thousand square meters.
According to Fort, as a result of the transaction, the Arginta Group has become the master tenant of the buildings.
Fort’s team consisted of Partner Ruta Radzeviciute-Meizeraite and Senior Associate Aurelija Grigoraviciute-Rimeisiene.
The Ellex team included Partners Olga Petroseviciene and Robertas Ciocys, Expert Audrius Petkevicius, and Associate Lawyer Dominykas Uzkurnys.
