Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.
Please note that we have amended our general terms and conditions. Please click here to read the amended WALLESS general terms and conditions, which became effective as of 1 November 2021.

WALLESS Assisted Lords LB Baltic Green Fund (V) in Acquiring the IBC Business Centre

WALLESS team led by Associate Partner Akvilė Mackay advised closed-end real estate investment fund for informed investors “Lords LB Baltic Green Fund (V)” on the acquisition of the IBC Business Centre in Vilnius from “INVL Baltic Real Estate.” The IBC Business Centre has a gross floor area of 22,700 sq. m. and a leasable area of 17,600 sq. m. Its occupancy level at the end of the third quarter of 2019 was 98 percent.

“Lords LB Baltic Green Fund (V)” invests in environmentally sustainable properties and the properties which can be improved by either enhancing the property physically, increasing its operational efficiency or repositioning the asset as a whole.

WALLESS Weekly Review

Subscribe and receive the summary of the Lithuanian Supreme Court's rulings every week in your inbox. The information is prepared by the WALLESS Arbitration and Dispute Resolution Team.

Please note that review is in Lithuanian.