The real estate and construction team at Ellex Valiunas operates in tandem with the firm’s environmental practice, making it capable of assisting with renewable energy construction and environmental compliance, a rare competency in the local market. The firm covers the entire scope of real estate and construction matters, including transactions, leasing, zoning and contentious work. Its most notable recent matters include advising a client on a high-value energy-sector transaction and providing end-to-end legal support for the redevelopment and creation of new solar energy plants. Olga Petroseviciene, praised by clients for her ‘excellent legal expertise’, co-leads the team with Audrius Petkevicius, an expert in land use and territory planning. Another notable practitioner is Dovile Stancikaite, who is lauded as one of the ’top experts in complex real estate lease projects’ and has additional expertise in M&A transactions.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘I work with Olga. She has a very holistic approach to the case, and provides exceptional advice on potential risks and opportunities.’
- ‘It is good to have one contact person, who can engage other sector lawyers, if it is necessary. This way, the service is provided by one law company in a time-efficient manner and at controllable costs.’
- ‘Gabriele Vazniokaite – superb lawyer with extensive knowledge about real estate regulation and commercial aspects, always ready to take a contact person role in solving the problem. Audrius Petkevicius – with extensive knowledge in the sector, has great ideas about the possible resolutions of the problem.’
- ‘Ellex helped me a lot with their extensive knowledge of real estate issues. They have a large team of real estate professionals who collaborate perfectly with each other and create the best results for me and our company. They are unique in their capability to handle large, complex real estate projects. I always feel confident and calm when working with this team – I know that all my questions will always be answered quickly and clearly and that I will receive the best solution I can get.’
- ‘Olga Petroseviciene is an extraordinary team leader and an exceptional, I believe, the best expert in the real estate law market. In my experience, she has consistently demonstrated not only excellent legal expertise, but also a clear understanding of the broader context in which church property and construction projects take place. Ilona Andriušienė is highly skilled and dedicated as well. Their knowledge of both real estate law and heritage protection makes them unique.’
- ‘Ellex’s real estate practice is unique for its ability to handle highly complex lease and acquisition projects with both depth and practicality. The team’s expertise extends across the full real estate cycle – from built-to-suit leases and high-value acquisitions to development and management of commercial properties.’
Key clients
- Via Lietuva
- Partners Group
- Nordic Solar
- UAB „CAPITALICA ASSET MANAGEMENT“
- VPH
- Lords LB Asset Management
- Vindo Solar B.V.
- VOLVO LIETUVA
Work highlights
Advised Partners Group on the €1.5 billion cross-border sale of Gren, a major district heating and energy infrastructure company operating across five European countries.
Advised Via Lietuva on the creation of a new national financing and operational model for state-owned roads, implementing a transformative reform in Lithuania’s transport infrastructure system.
Advised Nordic Solar on the €50 million development of Lithuania’s largest 100 MW solar power plant and associated renewable energy projects across multiple regions.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Dr Olga Petroševičienė; Audrius Petkevičius
Other key lawyers
Dovile Stancikaite; Gabriele Vazniokaite; Ilona Andriušienė