Lithuanian Academy of Music and Theater building sold for €1.9m
Published at: 2018-12-11 10:50 | Author: CIJ Baltics
The Lithuanian Academy of Music and Theater has sold its main building in Vilnius for €1.9m. The building, which is located at Gedimino avenue 39 in the capital was sold at auction. The listed historical monument will require significant renovation and investment. Although the local investor who brought the building was not disclosed, but it has acquired a centrally located administrative building with more than 1400 sqm of office space. The academy will move to a new, purpose built campus on Olandu street next to Kalnu park in 2021. The cost of the new building is said to be approximately €29m.
Czech Republic ♦ Pilotní projekt zavedení 5G do českého města v roce in 2020
Ministr průmyslu a obchodu ČR Karel Havliček plánuje vybrat město s 30 000 až 50 000 »
Zuzana Čaputová assumed the office of President of Slovakia over the weekend, making her »
Czech Republic ♦ Prague 6 taking radical steps to reduce congestion
Prague 6 declared a transportation emergency on Thursday, while warning it would take radi »
Romania ♦ Is Romania heading for a credit crunch?
There’s a joke currently doing the rounds in Romania which rather sums up public attitud »
Poland ♦ Investors wake up from tax nightmare
The Polish real estate investment sector got a Christmas present from the Ministry of Fina »
Czech Republic ♦ Stuart Jordan: Savills will fill the mid-range gap
It was quite clear to Ben and me when we were talking about Savills about what we wanted t »
Czech Republic ♦ Jan Hospodář (108 Agency): How Czech investors are grabbing bigger pieces of the pie
As recently as 8 years after the beginning of the financial crisis, the only local investo »