Acquisition in Vilnius

2016.06.27

In April 2016 UAB Baltic Equity Group has completed the acquisition of a commercial property “Savanorių 18” in Vilnius. “Savanorių 18” is a modern office building, built in 2011. The property consists of 4000 sq. m. of office space over 10 floors, plus 2 floors of underground parking.

The property is in a strategic location: rapidly growing area on main Savanorių Avenue, 3 km from Vilnius old-town.

The building is leased to “Cognizant Technology Solutions Lithuania”, which is part of Cognizant Ltd, a global leader in business and technology services. Cognizant is a member of the NASDAQ-100, the S&P 500, the Forbes Global 2000 and the Fortune 500 and is ranked among the top performing and fastest growing companies in the world.