Advium advisor in a major portfolio transaction in the Baltics

Advium advised Kesko, the Rakauskas family and  Zabolis Partners in a transaction where CPA:17 – Global acquired a 70 % stake in real estate investment vehicle UAB Baltic Retail Properties. In connection with the transaction, Kesko sold BRP seven retail properties in Estonia and Latvia, and acquired a 10% stake in the company.

Kesko Senukai signed 15-year leases for all the 19 assets owned by BRP. The transaction totalled ca. €174 million and is one of the largest ever in the Baltics.

Additional information: Kesko