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Sorainen and Fort Advise on Genesta Property Nordic Sale of GNBLIT Kaunas Logistics

Sorainen and Fort Advise on Genesta Property Nordic Sale of GNBLIT Kaunas Logistics


Sorainen has advised Genesta Property Nordic on the sale of 100% of its shares in GNBLIT Kaunas Logistics to EfTEN Capital. Fort advised the buyers on the deal.

Genesta Property Nordic is an independent real estate management company with offices in Sweden, Finland, Denmark, and Luxembourg. GNBLIT Kaunas Logistics, managed by Genesta Property Nordic, owns a complex of two A-class logistics buildings located in the Free Economic Zone of Kaunas that contain approximately 30,000 square meters of warehouse space, with additional offices.

The Sorainen team consisted of Counsel Mantas Petkevicius and Associate Karolis Kunigelis.

The Fort team advising EfTEN consisted of Partners Ruta Radzeviciute-Meizeraite and Andrius Mamontovas and Associate Aurelija Grigoraviciute.

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COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

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