Lithuanian real estate developer K2 LT has sold its subsidiary Rekviem LT, including the disposal of a farewell home in Kaunas and 100% of the shares in the company, in a transaction valued at EUR 4 million.
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.
Walless advised K2 LT on the sale (as reported by CEE Legal Matters on December 19, 2025).
Image source: rinkosaikste.lt