December 8, 2025
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Hanner

Lithuania: Hanner takes over national stadium project in Vilnius

Via Baltica01 mins

Lithuanian real estate developer Hanner and Baltic investment company BaltCap have completed a deal under which Hanner will take over the national stadium project in Vilnius, BNS reports. Hanner acquired 98% of shares in Venetus Capital, which owns the project’s concessionaire, Vilniaus Daugiafunkcis Kompleksas (VDK), for one euro. Hanner will pay EUR 2.8mn to BaltCap…

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Lithuania: New developer takes over national stadium project in Vilnius

Via Baltica01 mins

Lithuanian real estate developer Hanner will take over the project to build a new national stadium in Vilnius, the city’s mayor, Valdas Benkunskas, announced, BNS reports. Vilniaus Daugiafunkcis Kompleksas, the original concessionaire on the project, is managed by private equity fund management company BaltCap, which is mired in a major embezzlement scandal. Under the new…

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