TGS Baltic has advised a Sutntib Tewox subsidiary on its acquisition of two Lidl store buildings from Lidl Lietuva through a leaseback transaction.
Tewox is a special, closed-end real estate investment company. According to TGS Baltic, the two stores the company acquired are located in Jurbarkas and Panevezys, each with an area of approximately 2,000 square meters.
The TGS Baltic team included Partner Dainius Stasiulis, Chief Expert Simas Paukstys, and Senior Associate Laurynas Kontenis.
TGS Baltic did not respond to our inquiry on the matter.