Walless and Fort have announced their agreement to merge their Estonian operations under the Walless brand, while Walless will also strengthen its operational capacities in Latvia with the addition of the Fort Latvia litigation team.
Eastnine and Vastint sign EUR 35.5m office portfolio deal in the Baltics
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Swedish Eastnine signed an agreement to acquire two office properties from Vastint (Interogo Holding) â the UNIQ business centre in Vilnius, Lithuania, and the Zala 1 office building in Riga, Latvia. The EUR 35.5 million transaction is expected to close within Q2 2021.
âWe are pleased to be growing our portfolio with the acquisition of these two properties. UNIQ and Zala 1 represent desirable, well-located, and high-quality offices that are very complementary to our existing footprint in both Vilnius and Riga. This transaction consolidates Eastnineâs position as the leading prime office landlord and investor in the Baltics, having assembled a portfolio exceeding 130,000 sqm in gross leasable area and EUR 400 million in value over the past four years,â says Kestutis Sasnauskas, the CEO of Eastnine.