INVL Baltic Real Estate (hereinafter – the Company) hereby gives notification that on 26 June 2023 a purchase and sale agreement was concluded with Nesė Group, UAB, regarding the acquisition of 100 percent of the shares of Pramogų bankas, UAB, legal entity code 30004466 (hereinafter – Pramogų bankas). It is to be noted that Pramogų bankas owns non-residential premises – entertainment center with guesthouse and non-residential premises – gambling house with bars – at the address A. Stulginskio str. 8, in Vilnius.
MoreOn 20 June 2023, INVL Baltic Real Estate (hereinafter – “the Company”) won the auction organized by Turto bankas, VĮ for the garage (box) with a total area of 16.83 sq. m., located at Vilniaus str. 37-3, Vilnius, with part of the land plot of 0.0015 ha from the total land plot of 0.3453 ha, located at Vilniaus st. 37, Vilnius. The Company will acquire the real estate from Turto bankas, VĮ for EUR 29,900. It is planned that the real estate purchase and sale agreement will be concluded within one month. The Company will provide more detailed information about the transaction after signing the real estate purchase and sale agreement.
MoreINVL Baltic Real Estate (hereinafter – the Company) informs that under the provision of the Law on Collective Investment Undertakings of the Republic of Lithuania (hereinafter – CIU), the Company operating under the CIU is under an obligation to have a valid prospectus (hereinafter – the Prospectus) prepared in accordance with the requirements of the CIU or of the Law on Securities of the Republic of Lithuania (hereinafter – LS).
MoreOn 18th of April 2023, the General Shareholders Meeting of INVL Baltic Real Estate (identification code 152105644, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate EUR 0.09 dividend per share.
MoreOn 16 May 2023, INVL Baltic Real Estate (hereinafter – “the Company“) received a notification from the Bank of Lithuania informing that the Company was allowed to change the Articles of Association of the Company.
MoreINVL Baltic Real Estate (hereinafter – “the Company“) informs that on 11 May 2023, a new wording of the Articles of Association of Company was registered in the Register of Legal Entities. The new wording of the Articles of Association was approved on 18 April 2023 during the General Shareholders Meeting.
MoreThe correction is only in English, the Lithuanian text was not misspelled. The unaudited, interim net asset value per share of INVL Baltic Real Estate is corrected.
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 23,744,205 or EUR 9.9454 per share on 31 March 2023.
MoreFor 3 months of 2023, the unaudited consolidated net profit of the INVL Baltic Real Estate group was EUR 202 thousand, revenue was EUR 864 thousand (for 3 months of 2022 consolidated net profit was EUR 52 thousand, revenue was EUR 806 thousand). The unaudited net profit of INVL Baltic Real Estate itself amounted to EUR 202 for 3 months of 2023 and EUR 52 thousand for 3 months of 2022. The acquisition of investment property in the first quarter of last year affected the change in net profit
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