Ellex‘s real estate and environment practice is regularly engaged with complex transactions and disputes. Handling a variety of matters from sale and purchase transactions, commercial lease transactions, and construction and development disputes to energy infrastructure-related real estate projects, the team demonstrates ’their strong knowledge of real estate law’. Ellex has demonstrated exceptional expertise in the renewable energy sector, handling numerous high-value solar and wind energy transactions, particularly focussed on the real estate and infrastructure aspects of such deals. The team benefits from the joint leadership of Olga Petroševičienė and Audrius Petkevicius, who bring comprehensive experience and knowledge to the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Over the past year, Ellex has supported us on a variety of important matters. They provided legal assistance with lease agreements, ensuring all contracts were well-drafted and favourable for our business. They also advised us on several construction contracts, giving us clear guidance on potential risks and ensuring smooth contract negotiations. Additionally, they helped with corporate matters related to our operations, making sure all legal aspects of our business were in order. We love their ability to explain complex legal details in a simple and practical way, always focusing on what’s best for our business. Their advice is not only legally sound but also tailored to our specific needs and industry.’

  • ‘The main strength of the Ellex real estate team is the deep expertise and experience of their key members, especially Dovilė Stančikaitė and Olga Petroševičienė. Their knowledge of real estate law, combined with their ability to understand the practical needs of our business, makes them stand out.'

  • ‘Olga Petroseviciene is leading a strong team of professionals who are very client-orientated.’

  • ‘Their strong knowledge of real estate law is very helpful in guiding us through difficult property transactions and investment decisions. Ellex's team has a deep understanding of the CEE market, which helps us approach each deal with more confidence.'

  • 'In our work with Olga Petroševičienė, we see what makes them different from other teams. Olga has very good knowledge of real estate law and a smart approach to complex transactions, which is very valuable for our investment decisions.'

  • ‘We’ve worked with Ellex for many years, and last year their team helped us with two major projects. Their deep understanding of regulatory matters, coupled with their ability to negotiate complex agreements, made both projects run smoothly. With their professionalism and experience, Ellex stands out as the top real estate law firm in Lithuania.’

  • ‘The Ellex team has extensive knowledge of the construction and commercial rent sector, including the newest local market practices and court precedents. You want them on your side of the table during the negotiations.’

  • ‘Dovilė Stančikaitė - amazing lawyer. She keeps deliverables at the highest quality, always on time, and she has done it for many years in a row now.'

Key clients

  • ABOVO red
  • Actona Lithuania
  • Akropolis Group
  • Aukštaitijos vėja
  • Aurochs investments
  • Baltic Sea Properties
  • Danske Bank
  • Darnu Group
  • Deka Immobilien
  • Galio Group
  • H&M
  • Hollister Incorporated
  • IKEA
  • Itella Logistics
  • KAMIDA GROUP
  • Kauno Miesto Savivaldybės Administracija
  • Klaipėdos Valstybinio Jūrų Uosto Direkcija
  • Lords LB Asset Management
  • Maxima Group
  • Maxima LT
  • Mestilla
  • Nordic Solar
  • Northway
  • Partners Group Holding AG
  • Reefo
  • Rewo
  • SBA group
  • SEB Bank
  • SIRIN Development
  • Smurfit Kappa Baltic
  • Telia
  • Thermo Fisher Scientific Baltics
  • Veho group
  • Vilniaus Prekyba
  • Vindo Solar B.V.
  • Vlantana
  • VMG Group
  • VPH
  • Workland

Work highlights

  • Advising the retail chain Maxima LT in the acquisition of numerous retail properties across the country with a total value of  EUR 25m.
  • Advising Aukštaitijos vėjas on the development of a hybrid energy park, valued at over EUR 150m, comprising a 100 MW wind farm, a 100 MW solar farm, and a 10 MW battery storage system
  • Assisting Seduva Jewish Memorial Fund on the development of the Lithuanian Jewish Culture and Heritage initiative 'Lost Shtetl', encompassing a newly built world-class museum, renovated cemetery, and a spectacular park, with a private investment of EUR 50m.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Olga Petroševičienė, Audrius Petkevičius

Other key lawyers

Dovilė Stančikaitė