TGS Baltic has advised KS Investicija on its acquisition of 100% of Vilijos Parkas from the Ogmios Grupe.
KS Investicija is owned by Kestutis Stabingis, who controls wholesale company Eugesta and restaurant chain Fortas. The logistics center Vilijos Parkas, which is in Vilnius, consists of warehousing premises of almost 21,000 square meters and administrative premises of 2,000 square meters, which are occupied by Eugesta.
The Ogmios Grupe is a commercial real estate development and management company that manages over 300,000 square meters of commercial real estate. The company holds such properties as Ogmios Miestas shopping and entertainment complex in Vilnius, the Bruklinas and Babilonas shopping centers in Siauliai and Panevezys, respectively, and additional warehouses and commercial premises in Vilnius and Klaipeda.
TGS Baltic’s team consisted of Partner Marius Matonis, Of Counsel Donatas Zdanavicius, and Associate Giedrius Svidras. The firm did not reply to our inquiries regarding counsel for the sellers.