Real Estate & Construction

We lean on our extensive experience when advising on every stage of important real estate construction and development projects – from structuring, documenting and negotiating joint ventures, to obtaining permits and approvals compliant with local land use, public law, and environmental regulations. Working collaboratively and across borders, we help to ensure planning and execution of precise solutions in the most complex projects.
Key projects in the field

Covered subindustries

  • Real estate
  • Construction
  • Agribusiness & Forestry
Covered subindustries
  • Real estate
  • Construction
  • Agribusiness & Forestry

Key contacts

Audrius Petkevičius

Expert

Head of Real Estate & Environment Practice
+37052191940
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What's new in the field
We have helped UAB Laurus Properties in one of the recent largest Real Estate deals in the Baltics
Read more

Key projects in the field

Ellex Valiunas assisted Baltic Sea Properties in obtaining refinancing loan at bank Luminor for EUR 23.4 million
25-04-2019
 
The law firm Ellex Valiunas assisted Norwegian real estate development company Baltic Sea Properties in obtaining refinancing loan at bank Luminor for EUR 23.4 million. The loan will be used to refinance 23 stores in Lithuania that are leased by the retail chain Norfa and the logistics centre where Rhenus Logistics is located.

According to the signed agreement, Luminor refinances financial liabilities of Baltic Sea Properties held in another bank in Lithuania and provides financing for other business needs.

According to the data of the end of 2018, the total value of commercial premises owned and operated by Baltic Sea Properties amounted to approximately EUR 104 mln. The company’s income from the lease amounted to EUR 7.67 mln. The company’s portfolio consists of 101.000 sq. m of commercial premises. Baltic Sea Properties is a listed company traded on Merkur Markets, Oslo Stock Exchange.

Ellex Valiunas associate partner Julija Nikitaravičienė assisted Baltic Sea Properties in negotiating refinancing and loan documentation.

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Ellex Valiunas assisted Baltic Sea Properties in signing lease deal with Delamode Baltics
08-04-2019
 
The law firm Ellex Valiunas advised real estate development company Baltic Sea Properties in signing a 12 years lease contract with international freight company Delamode Baltics of a 5000 sq. m logistics centre. The new logistics centre will be developed in a plot between Vilnius and Kaunas, near the logistics terminal that Baltic Sea Properties is developing for Oribalt. The new logistics centre is planned to be built in the third quarter of 2020.

The law firm Ellex Valiunas represented the client in negotiations, advised and drafted the documents in regards to the planning and design, construction, maintenance of the centre and lease deal. The project was led by Associate Partner Julija Nikitaravičienė.

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We Assisted in Signing the Biggest Lease Deal in 2018
03-12-2018
 
The law firm Ellex Valiunas was a mediator in SEB’s transaction with UAB Technopolis concerning leased space in the new office building Nova. The SEB Group service centre will occupy 26.740 sq. m. of the leased space in the business centre. The new office building Nova will be built near the Vichy aqua park and Siemens arena. It is planned to open in 2020.