INVL Baltic Real Estate seeks to profit on investments in commercial real estate by ensuring the growth of leasing income
INVL Baltic Real Estate, a real estate investment company, has agreed an additional EUR 8 million credit with Artea bank. The main part of these funds will be directed towards the capital refurbishment and conversion of the company-owned building in the centre of Vilnius, formerly known as Pramogų bankas, into a co-working space.
MoreINVL Baltic Real Estate (hereinafter – the “Company”) informs that on 3 March 2026 it signed an agreement with AB Artea bank (hereinafter – the “Bank”) regarding an amendment to the existing credit agreement.
Under the signed agreement, the maximum credit amount has been increased to EUR 23.1 million. Pursuant to this agreement, the Company is granted an additional credit facility of up to EUR 8 million. The final maturity date of the credit has also been extended from 27 June 2028 to 2 March 2031.
MoreINVL Baltic Real Estate, a real estate investment company, will open a second Talent Garden Vilnius coworking space in the building historically known as both Pramogų bankas and the Pergalė cinema.
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