Head of Practice

Jūratė Rusteikaitė - Bakšienė »

+370 5 2649 555

+370 5 2608 327

j.rusteikaite@regija.lt


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Real Estate and Construction
 
Design and Construction »
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Real Estate Transactions
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Transfer of the company’s assets (and in particular – real estate) to the separate company and the leasing it back could be efficient solution enabling to re-deploy capital to core business priorities or preparing for the sales of core business. Regija Borenius has extensive experience in structuring re-organisation (company’s division) projects as well as sale/lease-back transactions.

Regija Borenius prepares draft contracts for the procurement, sale-purchase, lease, and use of real estate, as well as other real estate transactions e.g.., mortgage, agreements on servitude), and helps obtain the permits and certificates necessary for the conclusion of certain agreements (e.g., certificates from the administration of the governor of a district allowing the transfer of a building on such a plot of land to third persons, certificates of the state enterprise Registru Сentras for contracts), and registers real estate transactions in the Real Estate Register.

 

The ability of the lawyers of this practice group to work together with colleagues of other practice areas at Regija Borenius ensures an all-encompassing real estate service. We work closely with tax, finance, insurance, energy and environment specialists to devise the best solutions for our clients.

Representative Transactions

 

  • Regija Borenius represented the biggest Lithuanian insurance company in the litigation with the Vilnius County‘s Governor regarding illegal termination of the land lease agreement granting the right to use the land plot in the Old Town of Vilnius. The dispute was resolved by concluding the settlement agreement.
  • Regija Borenius represented the seller in one of the biggest land transfers of 2005 in Lithuania, the value of which exceeded € 13 000 000.
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