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16

06
2021

FORT has represented the real estate investment company EfTEN Capital AS in acquisition of the industrial buildings in Panevėžys

On 16, 06 2021 | No Comments | In Uncategorized | By Law Office FORT

The latest EfTEN‘s acquisition – two 20.000 sq.m production buildings in a convenient location within the limits of Panevėžys. AQ Wiring –  a manufacturer of electric systems and Adax – a manufacturer of domestic and commercial heating products – now are the tenants of the acquired buildings. EfTEN Real Estate Fund III fund’s investment portfolio after the acquisition of industrial buildings in Panevėžys encompasses 18 objects.

FORT conducted legal due diligence of the assets, advised on a structure of the transaction as well as financing and securitisation arrangements, negotiated sale-purchase as well as lease agreements and represented the client in concluding all acquisition documents. The team included: Rūta Radzevičiūtė – Meizeraitė, Aurelija Grigoravičiūtė – Rimeisienė, Gabrielė Velta Mickevičiūtė, Andrius Mamontovas, Vadimas Maksimenka.

This is the 13th EfTEN‘s acquisition in Lithuania, which was trusted to FORT.

Please find the public announcement of EfTEN under this.