Advising on real estate financing and overseeing major construction projects in Vilnius, including business parks and a new national stadium, Cobalt stands out as one of the market’s leading firms in real estate. Practice head Simona Oliškevičiūtė Cicėnienė has over two decades of experience in the field and offers particular expertise in M&A and private equity transactions in the real estate sector. Also crucial to the team is Artūras Kojala, a specialist in retail, logistics and waste management-related, work who brings first-hand industry experience to the practice, having previously worked in-house for Baltic retail giant Maxima Group.
Real estate and construction in Lithuania
Cobalt
Practice head(s):
Simona Oliškevičiūtė-Cicėnienė
Other key lawyers:
Artūras Kojala
Key clients
Lietuvos geležinkeliai, AB
Corum Asset Management
BaltCap Infrastructure Fund
Prosperus Asset Management
Orion Asset Management
Union Asset Management
UAB Vilbra
WESTERN UNION PROCESSING LITHUANIA, UAB
Booking.com
RB RAIL AS
LCN Capital Partners
ATEA Group
KS Boulevard C.V.
Evolis, UAB
Merko statyba, UAB
LITGRID, AB
Invest in Lithuania
Šiauliai Free Economic Zone Management Company
Kėdainiai Free Economic Zone Management Company
Amberwind, UAB
Imlitex Holdings, UAB
Revetas Capital
Acquila Capital
European Energy A/S
Yazaki Wiring Technologies Lietuva
Nordecon Betoon OÜ
E Energija Group
Enefit Green UAB
UAB “IREC Baltic”
InReal, UAB
Wolt Services LT, UAB
Workland Estonia OU
Work highlights
- Advised BaltCap Infrastructure Fund on the conclusion of the Concession Agreement to build the National Stadium in Lithuania, and consulting on the implementation of this project.
- Advised real estate development and management company Vilbra, UAB on leasing and selling 9,000 sq. m premises in the business center Uptown Park in Vilnius for UAB Vinted.
- Advised UAB “Investicijų valdymas Prosperus“ (Prosperus Asset Management) which manages UAB PREF III, an investment company for closed-end informed investors, on the acquisition of shopping centre “Mandarinas” in Vilnius from Lords LB Baltic Fund III.
Ellex
Ellex acts for a broad range of clients, ranging from foreign developers and major regional banks on the financing side to companies operating in shipping, retail and the sciences on the construction side. The team also has an excellent track record in public procurement disputes – a major source of work in the Baltic legal markets recently due to the difficulty of obtaining materials as a result of the crisis in Ukraine. The practice is jointly led by transactions and leasing specialist Olga Petroševičienė and Audrius Petkevicius, an expert in large infrastructure projects such as airports and industrial facilities. Managing partner Rolandas Valiunas is also noted.
Practice head(s):
Olga Petroševičienė; Audrius Petkevičius
Other key lawyers:
Nijole Vaiciunaite; Dominykas Užkurnys; Robertas Čiočys; Rolandas Valiunas
Testimonials
‘Ellex has a team of professionals who are able to keep the quality standard at the very top year after year after year. That is their exceptional quality.’
‘Olga Petroseviciene is probably the most experienced and efficient real estate lawyer in Lithuania with strong client and result orientation, fair and transparent billing.’
‘Lawyers from Ellex Valiunas have very vast experience, very good knowledge of the construction industry and a team of professionals with different competences.’
Key clients
ABOVO red
Akropolis Group
Arginta Group
Baltic Sea Properties
BTA Baltic Insurance Company
Danske Bank
Deka Immobilien
Galio Group
H&M
Hollister Incorporated
Lords LB Asset Management
Lumi Capital
Maxima Group
Maxima LT
Public Procurement Office
SIRIN Development
SEB Bank
Telia
Thermo Fisher Scientific Baltics
Vilniaus Prekyba
VMG Group
VPH
Work highlights
- Advised a group of investors on an investment in a project for the building of luxury rental apartments.
- Advised on leases of the office building “Artery” designed by world-renowned architect Daniel Libeskind.
- Advised ABOVO red on planning and constructing the largest wind energy farm in Lithuania.
Sorainen
Sorainen assists in major transactions and oversees some of the largest commercial real estate projects in the Lithuanian market. The team is notable for its diverse areas of expertise, including heritage, environmental and maritime law. The practice is jointly led by Aušra Mudėnaitė
, who possesses specialist expertise in zoning and heritage sites, and transactions and commercial leasing expert Kęstutis Adamonis. Asta Augutytė-Rapkevičienė focuses on environmental law and public health matters and often advises on energy infrastructure projects. Simonas Skukauskas is an expert in land use regulation for EU seaports.
Practice head(s):
Aušra Mudėnaitė; Kęstutis Adamonis
Other key lawyers:
Asta Augutytė-Rapkevičienė; Simonas Skukauskas
Testimonials
‘The law firm offers full set of legal services for the real estate industry and has a solid track record.’
‘Strong, competent team in arbitration; well organized, comprehensive support.’
‘Business specific knowledge – this is the key driving factor of why Sorainen is great in this field.’
‘Sorainen has a versatile team with excellent skills in all real estate and construction areas – real estate transactions, cultural heritage, territory planning, land use, construction and design agreements, real estate and construction disputes. They are professional, practical and pragmatic.’
‘Covers all customer expectations. Everything is explained in a very detailed and clear way. Responsive, business-minded. Strategically designed steps that help achieve business goals.’
‘The team is highly professional and experienced.’
‘Highly educated professionals with practical experience.’
‘Asta Augutyte-Rapkeviciene and Ausra Mudenaite share strategic moves very well. Ausra has very specific and exclusive knowledge, so it made a big impression on us.’
Key clients
Lords LB Asset Management
Titanium Baltic Real Estate fund
Omberg
Darnu Group
EIKA Development Fund
Technopolis
Pon.Bike
Lietuvos draudimas AB
VMG Group
RB Rail AS
REWE (Palink)
UAB Vilniaus daugiafunkcinis kompleksas
Rinvest
UAB Juozapavičiaus 6
Releven Prime Properties KŪB
Wargaming Group
Tewox AB
Kenova NT
ERGO
W. P. Carey
SBA Urban
Work highlights
- Advised the Titanium Baltic Real Estate fund on acquiring DIY company Kesko Senukai’s flagship stores in Vilnius, Lithuania, and Daugavpils, Latvia.
- Advising Releven Prime Properties UAB on a development in Vilnius with a total area of 55,000 m², which will include several high-rise buildings of residential and business designation.
- Advised Darnu Group on acquiring 8.3 hectares of land for the construction of residential buildings with commercial premises.
TGS Baltic
TGS Baltic is called upon for advice on major industrial real estate projects and commercial transactions, including leaseback transactions. Dainius Stasiulis, highlighted for ‘providing quality consultations‘ on strategic project planning and public procurement, jointly heads the practice alongside associate partner Sandra Bliuvaitė-Šulcienė, who focuses on land law, territorial planning and construction. Senior associates Simas Paukštys, who has a strong record in advising on green energy projects, and pharmaceuticals sector specialist Lukas Vaišvila, are also key names.
Practice head(s):
Dainius Stasiulis; Sandra Bliuvaitė-Šulcienė
Other key lawyers:
Lukas Vaišvila; Simas Paukštys
Testimonials
‘Excellent real estate law specialists, well versed in real estate market practice, professionally conducting negotiations.’
‘TGS Partner Dainius Stasiulis is highly professional in his field, providing quality consultations and helping to find solutions in hopeless situations.’
‘The team has shown uniqueness, easily finding the easiest and the shortest solution to our difficult issue. The team members communicate understandably to the client and it brings strength for collaboration. Team had great response “here and now”, whenever it was needed.’
‘Ability to listen to the client’s needs and problems, they came back with several solutions pointing out what consequences are possible choosing one or another.’
‘Legal claims in real estate usually are multifaceted and require a lot of specific knowledge. TGS is well suited to work with such claims as the team they have is comprised of various law specialists, who are consulting lead lawyer on the need to know basis.’
‘Lately our lead lawyer was Dainius Stasiulis, who is coherent and principled as well as approachable and reasonable. His work is well structured and arguments clearly stated.’
Key clients
Lietuvos oro uostai, VĮ
LTG Infra, AB
BaltCap Infrastructure Fund
Lietuvos paštas, AB
Akropolis Group, UAB
Galio Group, UAB
Green Genius, UAB
Amber Grid, AB
Klaipeda Free Economic Zone Management Company, UAB
Schage Real Estate
Baltisches Haus, UAB
Biotechnological Pharmaceutical Center Biotechpharma, UAB
Sparta, AB
Panevėžio statybos trestas, AB
Terra Prospera, UAB
Moller Real Estate Baltic AS
UAB “BIOK laboratorija“
Veikmė, UAB
DS Smith Packaging Lithuania, UAB
Versina, UAB
Hegelmann Transporte, UAB
Altechna, UAB
Vilnius City Municipality Administration
Asgaard Oriens, UAB
Novira Capital OU
Work highlights
- Advised S.U.B. projektai, UAB on the implementation of the conversion project REMARCO (both on regulatory and contractual issues).
- Advised Galio Group, UAB on the acquisition of a commercial building (Maxima store) in Vilnius from GROA Real Estate Fund I, a closed-end investment undertaking for informed investors.
- Advised UAB “BIOK laboratorija“ on a sale and leaseback transaction of a new factory, of over 4.800 sq. m total area, with administrative and warehousing premises.
WALLESS
The WALLESS real estate practice is neatly subdivided between the three experienced practice heads, with Evaldas Klimas covering development and construction law, Povilas Zukauskas overseeing real estate transactional work, and Laura Ziferman specialising in public procurement. The team assists municipal and government bodies as well as local and international private real estate developers and investment funds. Indre Jonaityte-Grice has a strong track record in hospitality-sector work. Further key names include senior associates Mantas Lideika, notable for his public infrastructure and land use expertise, and Liucija Bitinaite. Akvile Mackay left the firm to join AKROPOLIS Group.
Practice head(s):
Evaldas Klimas; Povilas Žukauskas; Laura Ziferman
Other key lawyers:
Mantas Lideika; Indrė Jonaitytė-Gricė; Liucija Bitinaite
Testimonials
‘We are happy to have a long-lasting relationship with WALLESS real estate team. WALLESS RE team is well known for their in-depth knowledge and expertise on territorial planning, construction and real estate transactional matters. We approach them with a firm knowledge that the legal services will meet or exceed our expectations.’
‘Working with Evaldas Klimas is easy. Evaldas adds a lot of presence and weight to the matters he is involved in. He can offer in-depth analytical solutions to the most complex problems and, when needed, he quickly reacts to the rapidly changing situation and comes up with an additional creative solution. As a bonus you can feel that the matters in which Evaldas is involved are as personal to him as it is to us. Evaldas is always the first choice for us and is incomparable to any other real estate attorneys in the market.’
‘You can tell that senior associate Mantas Lideika is also learning from an excellent example. He is caring and actively offers solutions to the problems which impede development. His knowledge is becoming more and more valuable as the legislator puts more emphasis on the sustainability of development. If he keeps up, Mantas will be one of the biggest leaders in the field.’
‘Liucija Bitinaite is a real rising star in RE transactions. Liucija Bitinaite associates with highest quality work.’
‘The team is highly professional, with deep knowledge and experience. This serves well for quick problem solution.’
Key clients
Eastnine
Ignalinos atominė elektrinė
Lidl Lietuva, UAB
Lords LB Asset Management
Vilnius City Municipality Administration
REWO
Ministry of Environment
Baltic Horizon Fund (BHF)
HOMA
East Capital Real Estate
Work highlights
- Advised Eastnine (a Sweden-listed investment company) on the acquisition of multiple business centres in Vilnius.
- Prepared a Concept of Construction Code which may replace all of the current legal Acts regulating the design, construction and exploitation of buildings.
- Advising general contractors Elecnor and Instalaciones Inabensa during the implementation of the electrification of the Vilnius-Klaipėda railway project worth more than €439m.
Eversheds Saladžius (a member of Eversheds Sutherland)
Eversheds Saladžius (a member of Eversheds Sutherland) draws on its position within the international firm network to provide support to major multinational investors in Lithuania in sectors including shipping, energy and manufacturing. Managing partner Jonas Saladžius jointly leads the practice alongside Sigitas Groblys, who specialises in land use regulation and major construction projects. Senior associate Ana Čepinskienė focuses on due diligence and leasing matters. Aurelija Juodienė left the firm.
Practice head(s):
Jonas Saladžius; Sigitas Groblys
Other key lawyers:
Ana Čepinskienė
Testimonials
‘The team is excellent and highly regarded. The team is very sophisticated and experienced. We are extremely happy with the legal services provided. They stand out as market leaders.’
‘Sigitas Groblys is highly competent and knowledgeable. He works with many real estate projects and leads great team. Ana Cepinskiene is extremely good too, in particular with lease matters.’
Key clients
Moffatt & Nichol
Petrofac International
Komfovent
Kelprojektas
Sofa Brands
Gren Lietuva
Work highlights
- Provided legal assistance to Petrofac on the implementation of a major oil refinery modernisation project in the Baltics.
- Advised a Moffatt & Nichol in participation in several public tenders in relation to the design, construction and development of port infrastructure in Lithuania.
- Assisted ventilation manufacturer Komfovent in its new factory construction project.
FORT
The FORT real estate practice is led by Ruta Radzeviciute-Meizeraite, who has a strong track record in commercial leasing, construction and development matters. She is supported by managing partner Andrius Mamontovas, who handles large M&A transactions in the real estate sphere. The practice oversees acquisitions of housing projects, commercial real estate portfolios and industrial premises. Associate Aurelija Grigoravičiūtė-Rimeisienė is a further key name, working chiefly on risk assessment and due diligence.
Practice head(s):
Rūta Radzevičiūtė-Meizeraitė
Other key lawyers:
Andrius Mamontovas; Aurelija Grigoravičiūtė-Rimeisienė
Testimonials
‘Precise and accurate in understanding client’s business.’
‘Ambition and skills. Very pleasant to communicate with.’
Key clients
EfTEN Capital AS
Capital Mill OÜ
UAB ELMORIS
UAB RIMI LIETUVA/UAB HAKONLITA
UAB Newsec Property Management LT
UAB Eika Asset Management
UAB Despecto
UAB EIKA
UAB Optimalus progresas
UAB Trečia diena
UAB Transmedos projektai
Work highlights
- Advised EfTEN on two investments (in Kaunas and in Vilnius) in residential development and rental housing projects.
- Advised EfTEN on the acquisition of an office building of 8,000 sq. m. situated in the CBD area of Vilnius and housing Danske Bank.
- Advised EIKA in the acquisition of a production facility with the buyer’s commitment to take care of its renewal and expansion.
GLIMSTEDT Bernotas & Partners
GLIMSTEDT Bernotas & Partners' practice head Kęstutis Jaskutėlis draws on more than 25 years of real estate and construction project experience, advising on both the development side and acquisition and financing matters. Associate partner Eivydas Sadauskas is also key to the team, bringing particular expertise in the hotels sector and transport infrastructure-related work. Senior associate Jurgita Zakarauskienė covers real estate M&A and corporate cross-over matters, drawing on her industry experience, having previously worked as head of legal for ICOR Group. The team’s recent work includes a number of transactions relevant to the green energy transition.
Practice head(s):
Kęstutis Jaskutėlis
Other key lawyers:
Eivydas Sadauskas; Jurgita Zakarauskienė
Key clients
Vastint Lithuania UAB
Roquette Frères S.A.
Linstow AS
UAB Royal SPA Hotel
UAB Misionierių namai
UAB Via Sportas
Apollo Group
UAB Resource Development Group (RDG)
Impuls Group
GE CAPITAL GLOBAL ENERGY INVESTMENTS B.V. (GE)
Work highlights
- Advised UAB Resource Development Group (RDG) on various legal real estate, territorial planning and environmental legal issues.
- Advised UAB Via Sportas on a transaction involving 2.4 ha of land and buildings located at Parodų str. 1, Vilnius.
- Advised GE CAPITAL GLOBAL ENERGY INVESTMENTS B.V. (GE) on investments in the construction and development of an almost 70MW capacity wind farm project in Lithuania.
Motieka & Audzevicius
Dispute resolution boutique Motieka & Audzevicius has an active real estate practice led by Jovitas Elzbergas, who has considerable experience in disputes regarding commercial properties, project development, commercial leases, property investment and real estate financing. The team has frequently been called upon for public procurement disputes as, due to the invasion of Ukraine and resultant sanctions imposed upon Russia and Belarus, construction material prices have outstripped originally agreed contractual prices. In addition to this work, the firm advises on infrastructure projects and real estate acquisitions by international investors.
Practice head(s):
Jovitas Elzbergas
Testimonials
‘We trust this firm with our most complex and important disputes. Lawyers support us in all stages of real estate project development from advising on territorial planning to real estate acquisitions matters.’
‘Jovitas Elzbergas is undoubtedly a well-qualified and experienced litigator. Our successful cooperation with him only confirms this fact. His great understanding of the legal and regulatory environment, as well as the market in which we operate, helps us to avoid disputes or resolve them efficiently when they arise.’
Key clients
Ozo turtas, UAB
Veikmės statyba, UAB
Atnaujinkime miestą, VšĮ
HISK, AB (former name Panevėžio keliai, AB)
Kauno grūdai, AB
Rinvest, UAB
Transmedos projektai, UAB
Eglitana, UAB
AXIS Industries, AB
KS Holding, UAB
Proksima gama, UAB
RTS Infra construction, UAB
Larėjas, UAB
K26, UAB belongs to Boslita ir Ko, UAB
Logistikos technologijų centras, UAB
Greenvesta, UAB
Work highlights
- Representing Akropolis, a major shopping and entertainment centre in Lithuania, regarding the use of the infrastructure of the shopping mall (such as pedestrian paths, roads, parking lots, etc.) for the planned National Stadium complex.
- Advised real estate company KS Holding, co-owned by Kesko Senukai and Žabolis Partners, in selling shopping centres located in Vilnius to the Finnish special mutual fund Titanium Baltic Real Estate.
- Representing Veikmės statyba, a company committed to executing construction works of the administrative building in the centre of Vilnius.
PRIMUS Law Firm
PRIMUS Law Firm has carved out a niche assisting Estonian and Polish companies making acquisitions in the energy and real estate markets in Lithuania, and is undertaking a growing amount of renewable energy-related work. Practice heads Ernesta Žiogienė and Robert Juodka divide commercial real estate, and energy and infrastructure work between them, with Žiogienė focusing on the former and Juodka on the latter. The arrival of Jonas Platelis from KPMG Law ZAB SIA – with his experience in construction disputes and insolvency – has added a contentious arm to the practice.
Practice head(s):
Ernesta Žiogienė; Robert Juodka
Other key lawyers:
Jonas Platelis
Key clients
Evecon OU
Evecon UAB
Rafako S.A.
Polimex-Mostostal SA
Naftoremont Naftobudowa SA
Menard Polska
Eesti Energia
Enefit, UAB
Richstone Properties LTD
Vestas Central Europe A/S
Novotel
Accor Group
Orbis SA
Eta Projektai, UAB
Eriadas, UAB
Pro Kapital Group
PK Invest UAB
DIFF Invest
DIFF Residential, UAB
Work highlights
- Assisted Evecon, an Estonian capital renewable energy generation capacity developer, in the acquisition of two companies operating in Lithuania in order to be able to develop 12MW and 15MW wind farms.
- Assisted ENEFIT in the international public tender announced by Kaunas District Municipality on the infrastructure project of modernisation and servicing of street lighting system in Kaunas district.
- Advised SCHWENK Latvija SIA, SCHWENK Zement Beteiligungen and Akmenės cementas on the acquisition of 100% of shares in Glomus, UAB and the surrounding real estate properties from related parties.
AAA Law
AAA Law has a strong real estate practice group which, as well as regularly assisting real estate investment funds and developers in due diligence, has been involved in leasing disputes before the Lithuanian Supreme Court and offers specialist expertise in student housing-related work. As well as real estate, managing partner and practice head Giedre Domkute is experienced in contract and IP law. Jonas Sakalauskas has left the firm, but Ema Buteniene arrived from Ellex in mid-2021.
Practice head(s):
Giedre Domkute
Other key lawyers:
Ema Buteniene
Key clients
IAM Vilnius Student Housing Sub-fund
IAM Riga Student Housing Sub-fund
IAM Krakow Student Housing Sub-fund
Astorija Hotel, UAB
Osterode, UAB
VSA Vilnius, UAB
Ateities verslo investicijos, UAB
Aguonų projektai, UAB
Eko perdirbimas, UAB
Žiežmarių gėlės, UAB
Erudito licėjus, UAB
Prosperitas Baltica, UAB
Airport Hotel Fund
Bioineksas
Work highlights
- Advised Aguonų projektai, UAB, a real estate developer, on the development of a real estate project in Vilnius, and renovation issues and long-term rent contract drafting.
- Advised three sub-funds of the closed-end composite fund for informed investors IAM Student Housing Fund and its SPVs on the acquisition and development of student housing in Lithuania, Latvia and Poland.
- Successfully represented Prosperitas Baltica, UAB before the Supreme Court of Lithuanian in a case regarding the termination of a non-residential lease agreement by the lessee due to circumstances related to Covid-19.
AKJ Consultus
Noted for its ability to 'provide each client with extraordinary attention and deliver great efficiency‘, AKJ Consultus represents both local companies and multinationals. The firm covers a range of real estate and construction-related matters, including public project proposal hearings and general expansion of operations planning. Practice head Audrius Kairevicius is highly experienced, with a niche specialism in territorial planning, and is highlighted for his ‘outstanding‘ specialist knowledge.
Practice head(s):
Audrius Kairevicius
Testimonials
‘The practice is of specialist size which allows them to provide each client with extraordinary attention and deliver great efficiency. The experience of the team is one of the widest in the Lithuanian real estate market.’
‘Audrius Kairevicius is one of the most experienced and respected professionals in the whole industry, his specific matter knowledge is outstanding and he uses the knowledge wisely in our collaboration.’
Key clients
AKROPOLIS GROUP
LIDL
Lords LB Asset Management
GALIO GROUP
ICOR
RIMI
BALTISHES HAUS
VPH
Circle K Lietuva
CARLSBERG GROUP
ŠVYTURYS – Utenos alus
EIKA
VILBRA
Work highlights
- Represented UAB “Vingio turtas“ during the presentation of the Akropolis Vingis project proposals to the public in July 2022.
- Advised GALIO GROUP on the development, design, zoning and planning matters relating to a business centre and apartment buildings.
- Advised LIDL on its expansion throughout Lithuania, assisting with construction and planning matters.
CEE Attorneys
CEE Attorneys caters primarily to developers in the housing and hospitality sectors, industries in which it has specialist knowledge. The practice is growing in size and has recently attracted a large number of new clients. Territory planning specialist Kristina Sabaliauskiene leads the practice, supported by associate Lina Liogė, who has expertise in real estate acquistions.
Practice head(s):
Kristina Sabaliauskienė
Other key lawyers:
Lina Lioge
Key clients
UAB Hanner
SBA Urban, UAB
UAB Baltic Asset Management
UAB Citus Construction
UAB Mosta
UAB Trinapolis
UAB Judex
UAB Rampini
UAB Grupinis pirkimas
UAB AKA projektai/ Reefo
UAB Intergated Optics
UAB DTC International
UAB Forton
UAB Orner
UAB Redivivus
Work highlights
- Advised UAB Hanner in drafting and negotiating the sale purchase agreement terms and conditions for a public land plot and building for the purpose of developing a housing project.
- Advised real estate developer Reefo on legal restrictions and territory planning for a newly acquired hotel in Kursiu Nerija national park for the purpose of developing a unique real estate project.
- Represented real estate developer UAB Redivivus in Klaipėda municipality in general and special planning and succesfully represented client’s interests in a procedure.
LEADELL Balciunas ir Grajauskas
LEADELL Balciunas ir Grajauskas is a frontrunner in renewable energy construction projects, advising on the establishment of offshore wind farms and the development of infrastructure to facilitate the maintenance of such projects at Klaipeda Seaport, Lithuania’s coastal trading hub at the meeting point of the Baltic Sea and Curonian lagoon. Gintaras Stankevičius, who is experienced in real estate deal structuring and construction project financing, heads the practice. Former Lithuanian Justice Minister Gintaras Balciunas provides key support.
Practice head(s):
Gintaras Stankevičius
Other key lawyers:
Gintaras Balčiūnas
Testimonials
‘Quality and promptness in replies.’
‘Prompt and understandable answers.’
‘This practice is unique because of the people – they are collaborative and really interested in your issues.’
Key clients
AB “KLAIPĖDOS JŪRŲ KROVINIŲ KOMPANIJA” (KLASCO)
UAB Centrinis Klaipėdos terminalas
UAB Klaipėdos laivų remontas
UAB Agrochema
UAB Renerga
UAB M-1
UAB Zetus LT
UAB Lit-Invest
Hitachi Energy Estonia AS
UAB Lietpak
UAB Home Group
UAB Koncernas Achemos grupė
Work highlights
- Represented KLASCO in negotiations with the Klaipeda State Seaport Authority regarding the possibility of developing the handling, assembly and storage activities of offshore wind power plant components and the establishment of related infrastructure in the seaport.
- Advised UAB Renerga on the issuance of a construction permit for a 264MW onshore wind farm in the Baltic States.
Magnusson
Magnusson‘s real estate team offers specific expertise in aspects of real estate such as build-to-suit projects, public procurement disputes, and sale and purchase agreements. Practice head Dalia Stakvileviciute specialises in public procurement matters and territorial planning. Marius Endzinas is highly experienced in contentious matters in the real estate field, with his previous cases including disputes over construction materials and public procurement contractual breakdown in the aviation sector. ‘Brilliant strategist‘ Evaldas Rapolas is another key contact.
Practice head(s):
Dalia Stakvilevičiūtė
Other key lawyers:
Marius Endzinas; Evaldas Rapolas
Testimonials
‘What we value most is the feeling that their primary aim is to discover ways to achieve the highest possible value to client. Instead of simply proposing some formal legal solutions, they evaluate how our decisions based on their legal proposals will affect our business. The fact they care about our business lets them nurture this virtue effectively.’
‘Dalia Stakvileviciute has a client-oriented approach, which, together with the deep experience in the field, allows her to provide us with evaluations and solutions for each situation we are in. Her experience and relationships have helped to get the best possible result in difficult disputes.’
‘Evaldas Rapolas is a brilliant strategist. Marius Endzinas also has exceptional strategical planning skills.’
‘Their team is devoted to not just providing advice or representation services, but creating actual added value for our business. They try to really learn and understand what we do, why we do it, and what is important for us in our decision-making. Thus, understanding our processes, they are able to pinpoint decisions that are actually beneficial to us.’
‘We feel Magnusson Lithuania is deeply experienced in the field of real estate and construction.’
‘Their team is very professional, highly skilled, and client-oriented. They also are focused on not just supporting and implementing our ideas, but on giving a fair and straightforward opinion about all pros and cons of the issues we face. This is especially important for us when making decisions.’
‘Magnusson’s team has a lot of valuable experience in addressing legal real estate matters from both client as well as the institutional side, as some of their team members have worked in government institutions of the field. We think this is the key reason why they are able to predict the dispute process and find alternative solutions even when the main or obvious one is not available or impossible to implement. On top of that, they react quickly, swiftly offer strategy to tackle unexpected circumstances and keep the whole process under control.’
‘Dalia Stakvileviciute and her know how on real estate, teritorial planing, construction issues and of how institutions make decisions is extremely valuable in solving everyday situations and choosing the right tactical moves to move my case forward. Evaldas Rapolas is a brilliant strategist that we can rely on during the legal process.’
Key clients
Sateba Lithuania
Alga
DEPO DIY group
Cetarium
Kaefer
Stoties turgus
Eikos statyba
Pramoninis servisas
HOMES IN THE WOOD
Plungės statyba
Work highlights
- Represented Eikos statyba, a Lithuanian construction company, in a dispute concerning liability of a tenderer for its refusal to sign a public procurement contract due to a material change in market conditions.
- Provided full assistance to Cetarium in the sale of a complex of administrative and industrial buildings in Kaunas to an investment fund for €20-30m.
- Represented Pramoninis servisas in concluding a long-term lease agreement with Littelfuse LT.
Triniti Jurex Law Firm
Triniti Jurex Law Firm provides a full range of legal services for parties involved in real estate transactions in the Baltic region, often with a cross-border angle. Deivis Valiulis, who is experienced in both commercial real estate work and energy and infrastructure projects, leads the practice. Construction disputes specialist Vytautas Kalmatavicius is also integral to the team, as is senior associate Olga Siomina, who has particular expertise in transport infrastructure.
Practice head(s):
Deivis Valiulis
Other key lawyers:
Vytautas Kalmatavičius; Olga Siomina
Key clients
Dominija, UAB
Utilitas OÜ
DB Engineering & Consulting GmbH
Groa real estate fund 1
Montuotojas, UAB
AmberCell Investment, UAB
Neste Lietuva, UAB
Usaldusfond Equity United PE 1
Kapitalo srautas, UAB
Janonio27, UAB
Memo Europe, UAB
Areus Group, UAB
Deltos NT, UAB
Work highlights
- Represented Utilitas OÜ during the signing of the agreement on the purchase of 200MW solar and 150MW wind power plants and filed the relevant documentation to secure the grid capacity.
- Represented Groa real estate fund 1 in an acquisition of an office building complex in Vilnius.
- Represented Areus Group, UAB in a cross-border transaction related to the acquisition of real estate in Riga, Latvia, and coordinated the due diligence along with Latvian colleagues.
ECOVIS ProventusLaw
Kęstutis Kvainauskas, a contractual disputes and regulatory compliance specialist, heads the ECOVIS ProventusLaw real estate practice. The firm’s work in this space is broad and includes a number of niche matters, such as disputes surrounding heritage sites in Vilnius Old Town, energy and transport infrastructure projects, and historic private property restorations. Senior associate Linas Vidžys supports on many of the department's key matters.
Practice head(s):
Kęstutis Kvainauskas
Other key lawyers:
Linas Vidžys
Testimonials
‘The practice is exceptional due to its team members and their significant experience.’
‘I have known both Kestutis Kvainauskas and Linas Vidžys for many years and have had many cases where their experience was used in relations with public authorities and the courts. I value the most their deep understanding of the regulatory framework of territorial planning and construction (which is very complicated in Lithuania).’
Key clients
Mokesčių srautas COUNTLINE
Vilniaus parkai
Toma Amanovaitė
Cidreplus
Delikata
Dujų sfera
UAB Origama
Natural persons
Work highlights
- Advised Vilnius City Municipality company (Vilniaus Parkai) in a dispute over property in the middle of the Old Town of Vilnius, listed as a UNESCO world heritage site.
- Represented gas infrastructure company Dujų sfera in a dispute with a municipality regarding the preparation of a road construction design project.
- Defending the interests and rights to the property of an induvidual client resulting from restoration of private property from the era of the Soviet Union.
ILAW LEXTAL
At ILAW LEXTAL, the real estate team is led by Jolanta Liukaityte-Stoniene, who has nearly two decades of practice experience in the real estate and construction fields and is recommended by her clients for her ‘positive attitude and proactive approach‘. Associate Eglė Višinskienė is another key name. The practice caters to clients in various industries, including energy, forestry and aviation, frequently advising on acquisitions.
Practice head(s):
Jolanta Liukaitytė-Stonienė
Other key lawyers:
Eglė Višinskienė; Tomas Janušauskis
Testimonials
‘The ILAW LEXTAL team with Jolanta Liukaityte Stoniene in front, is very proactive and uses their wide experience to identify the client needs and support those fully.’
‘I must mention Jolanta Liukaityte Stoniene, as we had a chance to work with her, where she proved her experience, positive attitude and proactive approach. This worked out really well and created great results.’
‘The team is very enthusiastic, pro-active, very responsive, and most importantly, incredibly efficient. Tomas Janusauskis is very strong in projects related to renewable energy. They are very good at attracting new team members who enhance their potential.’
Key clients
DS-1
Decathlon
Latvian Forest Company
Delfi
Vertas Management
Allied Investment Group
Baltic Agro
TotalEnergies
Ramirent
TÜV NORD Mobilität GmbH & Co. KG
Solid Real
Ryanair
Work highlights
- Advised Latvian Forest Company on the acquisition of UAB Šiluona shares from INVL Baltijos miškų fondas.
- Advised TÜV NORD Mobilität on the acquisition of 50% of the shares in one of the biggest companies providing technical inspection in Lithuania, Tuvlita.
- Advises DS-1, UAB on various real estate, territory planning and construction matters.
NOOR
NOOR, formed from a merger of SPC Legal and WINT Law Firm, regularly advises real estate investment funds and asset management companies involved in large transactions and leasing deals. The team is led by the experienced Povilas Karlonas. Specialisms of the practice include free economic zones and built-to-suit developments. Counsel Lina Šimė joined the firm from Averus, where she had previously led the real estate practice.
Practice head(s):
Povilas Karlonas
Other key lawyers:
Lina Sime
Key clients
Orion Asset Management
Kenova Asset Management
Vinted UAB
Wargaming
Techfabrikas UAB
Lithuanian Association of Free Economic Zones
Palink UAB
Kaunas FEZ Management Company
Vilniaus šilumos tinklai AB
Spaineta UAB
MAXIMA LT
Stemma Group UAB
Erudito licėjus
Klaipeda FEZ Management Company
Marijampolė FEZ Management Company
Capital City Group
Nord Wind Park UAB
AMG Property UAB
1 Asset Management
Litagros žemės ūkio centras UAB
Work highlights
- Advised shareholders (sellers) of Laisvės 75 UAB regarding the sale of ~6,500 sq. real estate complex constructed as a built-to-suit facility for PIGU UAB, to the investment fund managed by East Capital.
- Represented Panevėžys FEZ Management Company in a transaction with engineering industry company Arginta Engineering UAB.
- Advised AMG Property UAB (part of Norwegian real estate companies Auris Holding and Midgaard Gruppen) on the sale of a real estate complex leased by operators of BMW and Porsche dealers in Lithuania.