Fort Legal has advised EfTEN Capital and its managed fund, Kinnisvarafond II AS, on the EUR 18.2 million sale of Kaunas Terminal to the PREF IV fund. Cobalt advised PREF IV.
Kaunas Terminal is a 28,737-square-meter logistics complex in the Kaunas Free Economic Zone, Lithuania.
The PREF IV fund is managed by Prosperus Asset Management.
The Fort Legal team included Partner Ruta Radzeviciute-Meizeraite, Associate Partner Vadimas Maksimenka, and Associate Vilte Vosilyte.
The Cobalt team included Partner Simona Oliskeviciute-Ciceniene, Specialist Counsel Ausrys Sliavas, and Senior Associate Augustinas Petkevicius.
