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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 Advised East Capital Real Estate in the Acquisition of a Last Mile Distribution Center Leased to the Regional E-Commerce Leader Pigu

2021 10 12

WALLESS advised East Capital Real Estate IV fund in the acquisition of a last-mile modern logistics distribution center. The center is fully leased to regional e-commerce leader Pigu (part of PHH Group) in Vilnius, Lithuania.

It serves as Pigu Lithuanian office headquarters for its more than 300 employees, constitutes its largest Lithuanian physical store with a built in “drive in” function and provides a 3,500 m2 warehousing facility enabling immediate delivery.

More information about the investment is here.

WALLESS team, led by the partner Indre Jonaityte-Grice, consisted of Liucija BitinaitėDomantas Vilysdr. Mindaugas Lukas and Mantas Lideika.

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