Galio Group agreed to buy one of the “Maxima” stores from GROA Capital in the Balsiai district of Vilnius.
TGS Baltic assisted Galio Group, UAB, one of the largest Lithuanian real estate development and management companies, in acquiring a commercial building “Maxima” store in the Balsių district in Vilnius from GROA Real Estate Fund I, a closed-end investment undertaking for informed investors, managed by the management company Groa Capital.
Acquisitions of commercial space are one of Galio Group strategic areas of activity. They will complement the existing and constantly expanding commercial real estate portfolio – Galio Group currently manages 47 commercial real estate objects in Lithuania, Latvia and Estonia.
