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PRIMUS ASSISTS PRO KAPITAL PURCHASING VIA AUCTION HISTORIC BUILDING IN VILNIUS CENTRE FOR €6.25M

8 September, 2022 Author: ERNESTA ŽIOGIENĖ

PRIMUS represented a long-time client “Pro Kapital Vilnius Real Estate” (the Estonian capital company) in the purchase of a historic building in the center of Vilnius. AS Pro Kapital Grupp subsidiary company in Lithuania purchased via auction the Vilnius College building (3,400 sq. m.). The acquisition deal valued at €6.25 million.

After reconstruction, the building will blend in with the Šaltinių Namai | Attico quarter, high-class residential buildings with a worth more than 44 million euros, being developed by Pro Kapital.

Project legal advisor: Ernesta Žiogienė, Attorney at Law, Managing Partner (Lithuania).
PRIMUS provided legal assistance to the client throughout the auction and transaction.

About the project (in English)
https://www.prokapital.com/news
https://thepostedia.com/economy

The law firm PRIMUS Legal Advisors operates as Noewe Legal from December 2023, continuing its services in the Baltics.

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