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FORT represented EfTEN in acquisition of Evolution business centre

On 01, 06 2018 | No Comments | In Uncategorized | By Law Office FORT

FORT Legal in Vilnius represented EfTEN Real Estate Fund III AS, which through its subsidiary EfTEN Evolution UAB purchased “Evolution” business centre located on Ukmergės str. 223, in Vilnius. The transaction was finalized on 31 May 2018.

The building of the business centre was completed in 2009. The total enclosed area of the building is 13,326 m2, which also includes parking spaces for a total of 229 cars. 86% of the business centre with the total rental space area of 6,172 m² is currently rented out to 15 tenants, including several international companies, such as Eurovaistine pharmacy, Grifs AG, Compensa Life, Akzo Nobel Baltics, Telia, Linus Medical, Dussmann Service.

The transaction price without VAT – 9,0 million euros.

EfTEN public announcement: HERE.