A fund managed by Lords LB Asset Management is poised to buy Comfort Hotel LT in Vilnius from Selvaag Eastern European Development. The price of the deal was not disclosed. The transaction is expected to close in March after it gets the greenlight from the Competition Council. Lords currently manages six real estate and two provide equity funds. It also controls the Baltic Energy and Infrastructure Fund. The funds were valued at more than €233m at the end of last year.
