Baltic Horizon Fund acquires Duetto 1

The ten storey building is located next to the newly completed western ring road and has a net leasable area of 8,327 sqm Tenants include Lindorff and Pernod Ricard with the transaction being brokered by Newsec and law firm Ellex Valiunas. Fund manager Tarmo Karotam said of the transaction that: “The strategy of the fund is to invest in commercial real estate with strong tenants across Baltic capital cities. The brand new energy efficient Duetto I office building is exactly the type of property that is attractive for growing near-shoring tenants such as Lindorff in the fast developing city of Vilnius.”