Cobalt has advised Norwegian investment company EECP on its sale of a grocery-anchored retail store portfolio in Lithuania.
According to Cobalt, "the portfolio contains 17 stores, the main tenants of which are Maxima and Ermitazas, and the total area is 50,000 square meters. The stores operate in Vilnius, Kaunas, Klaipeda, Alytus, Siauliai, Ukmerge, and Plunge."
The Cobalt team included Partner Simona Oliskeviciute-Ciceniene, Of Counsel Andrius Kazlauskas, Managing Associate Rasa Mikutiene, and Associate Augustinas Petkevicius.
Editor's Note: After this article was published, TGS Baltic announced that it had advised GLG Projektai on the acquisition through a share deal. GLG Projektai is owned by the NDX and Galio groups. The TGS Baltic team was led by Executive Partner Marius Matonis and Partner Aurimas Pauliukevicius and included Senior Associates Paulius Dabulskis, Indre Vickaite-Liatuke, Simas Paukstys, Jonas Salna, and Lukas Vaisvila, and Associate Dovile Sokolova.
