The Aggressive Capital investment company's fund has acquired the Žalgirio Business Center office complex near the center of Vilnius - from now on, its owner is the real estate (RT) development company Planktonas managed by the White Whale Fund, the real estate services company that brokered the transaction announced on Monday.Newsec Advisers LT".
The real estate company "Žalgiris" business center until now belonged to Neruta Razukevičieni, who was the main beneficiary (86,41 percent of the shares), according to the data of the Register Center.
According to one of the shareholders of White Whale Fund, Mindaugas Vingros, more than 5 thousand sq. meters of buildings are planned to be renovated and adapted to the needs of modern business.
"Žalgiris Street is becoming a natural continuation of the central district of the center of Vilnius, so we see a market need for modern spaces adapted to the needs of modern business. We purchased the buildings in order to further expand our managed portfolio of commercial real estate for rent," M. Vingras said in the announcement.
Complex of two office buildings, Žalgiri str. The acquisition of 88, for an undisclosed amount, was financed by Citadele Bank.
"Zalgiris" business center consists of two eight- and six-story office buildings, underground parking lots. It currently houses over 80 tenants.
