FORT represented EfTEN in acquisition of warehousing complex in Kaunas FEZ
FORT Vilnius represented EfTEN Real Estate Fund II AS in acquisition of two A class warehouses with the office premises in Kaunas Free Economic Zone. The property of more than 29 000 m2 of leasable area was acquired from Genesta Nordic Baltic Real Estate Fund I.
FORT team has conducted the legal due diligence of the object, drafted and negotiated all transaction documents, including financing. The legal team was led by partner Rūta Radzevičiūtė-Meizeraitė. Other lawyers involved in a deal: Aurelija Grigoravičiūtė (real estate acquisition part) and Vadimas Maksimenka (corporate part), associates, and Andrius Mamontovas (financing part), partner.
The warehousing complex is the fifth acquisition of EfTEN in Lithuania. The Estonian company represented by FORT Vilnius has already acquired the shopping centre Saulės miestas in Šiauliai and three office buildings in Vilnius: Ulonų business centre and Mėnulio 11, L3 business centres.
For more information please also refer: http://www.vz.lt/nekilnojamasis-turtas-statyba/2017/08/07/estu-fondas-eften-kaune-isigijo-logistikos-pastatus#ixzz4ptablrd0 (available only in Lithuanian); http://eften.ee/en/eften-kinnisvarafond-ii-news/eften-acquired-two-class-logistics-buildings-kaunas/