December 29, 2025

EBRD and Swedbank Co-Finance SIRIN Development

The European Bank for Reconstruction and Development and Swedbank have co-financed the SIRIN Development warehouse park in Vilnius.

According to the Walless law firm, which advised the lenders on the deal, “SIRIN Development is bringing around 100,000 square meters of sustainable, modern warehouse infrastructure to a strategic location in the city. Financed by a EUR 48.4 million facility co-led by the European Bank for Reconstruction and Development and Swedbank Lietuvoje, this project is set to establish a new standard for logistics in the Baltics.”

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K2 Sells Rekviem

Proceeds from the transaction will be used to finance new development projects and to fund a share buyback, allowing interested shareholders to realize their investment while supporting the company's next phase of growth.

Sorainen Successful for W. P. Carey Fund’s Lithuanian Company in Rent Dispute with Kesko Senukai Lithuania

According to Sorainen, the dispute concerned Kesko Senukai Lithuania’s refusal to pay EUR 1.2 million in indexed rent for a logistics center leased from the client.

Deutsche Pfandbriefbank Provides EUR 78 Million Loan for Polish Retail Park Portfolio

The portfolio includes eight assets located in Wroclaw, Glowno, Kalisz, Swidnica, Pulawy, Przemysl, and two properties under acquisition in Poland.