The real estate investment company INVL Baltic Real Estate signed an agreement to buy the remaining part of the building at Vilniaus Street 37 in the Lithuanian capital that it does not already own. The company is acquiring the property by purchasing 100% of the shares of the company RE 1 UAB for EUR 2.2 million.
MoreINVL Baltic Real Estate (hereinafter – the Company) hereby gives notification that on 1 June 2022 a purchase and sale agreement was concluded regarding the acquisition of 100 percent of the shares of UAB RE 1, legal entity code 302622705 (hereinafter – RE 1). It is to be noted that RE 1 owns non-residential premises – a café – at the address Vilniaus Street 37 in Vilnius.
MoreThe real estate investment company INVL Baltic Real Estate signed a 5-year agreement with Šiaulių Bankas on increasing the size of a loan from the bank from EUR 10 million to EUR 14.5 million.
MoreOn 19 May 2022 INVL Baltic Real Estate (hereinafter – “the Company“) has signed an agreement with AB Šiaulių bankas (hereinafter – “the Bank“) to increase the credit limit up to EUR 14.5 million.
MoreOn 12 April 2022, the General Shareholders Meeting of INVL Baltic Real Estate (identification code 152105644, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate EUR 0.12 dividend per share.
MoreThe unaudited, interim net asset value of INVL Baltic Real Estate, as provided in the Articles of Association section XI ‘Valuation of assets of the company and calculation of the net asset value’, amounted to EUR 20,337,844 or EUR 2.5229 per share on 31 March 2022.
MoreFor 3 months of 2022, the unaudited consolidated net profit of the INVL Baltic Real Estate group was EUR 52 thousand, revenue was EUR 806 thousand (for 3 months of 2021 consolidated net profit was EUR 121 thousand, revenue was EUR 601 thousand). The unaudited net profit of INVL Baltic Real Estate itself amounted to EUR 52 thousand for 3 months of 2022 and EUR 121 thousand for 3 months of 2021.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 52 000 in the first quarter of this year, a decrease of 57% compared to the same period of 2021. The company’s consolidated equity at the end of March was EUR 20.34 million.
MoreWe hereby announce the audited annual information with the confirmation of responsible persons and remuneration report, and Audit Committee report of INVL Baltic Real Estate for the year 2021.
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