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Deka Immobilien €156.1 million acquisition of Quadrum business centre

15/10/2019
Real estate acquisition
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Af 156.1 million

$ 173.753 million

Announced

15/10/2019

Overview:

  • German investor, Deka Immobilien, has acquired the Quadrum business centre in Vilnius from Norwegian real estate company, Schage Real Estate, for €156.1 million.
  • This is the largest investment transaction in the Baltic office real estate market to date.

Prin Shasiharan - Researcher

 

Jurisdiction:

Lithuania

Deal type:

Real estate acquisition

Practice area:

Real estate acquisitions

Industry sector:

Real estate

Firms:
Sorainen

Party: Deka Immobilien Investment (Acquirer)

Lawyer: Kęstutis Adamonis

TGS Baltic

Party: Schage (Seller)

Lawyers: Dainius Stasiulis, Dalia Tamašauskaitė-Žilienė

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