For 6 months of 2023, the unaudited consolidated net profit of the INVL Baltic Real Estate (hereinafter – “the Company”) group was EUR 0.27 million, revenue was EUR 1.7 million (for 6 months of 2022 consolidated net profit was EUR 1.88 million, revenue was EUR 1.64 million). The unaudited net profit of Company itself amounted to EUR 0.27 million for 6 months of 2023 and EUR 1.88 million for 6 months of 2022.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 0.3 million in the first half of this year, 85 percent less than in the same period last year when the net profit was EUR 1.9 million. The fall in profits was due to a sharp rise in interest costs and a significant increase in the value of investment assets recorded in the previous year.
MoreAs informed by INVL Baltic Real Estate (hereinafter – the Company), on 26 June 2023, a sale and purchase agreement of shares was concluded with Nesė Group UAB regarding the acquisition of 100 per cent of shares of Pramogų Bankas UAB, legal entity code 30004466 (hereinafter – Pramogų Bankas). More information here: https://view.news.eu.nasdaq.com/view?id=b2f72c6e21372737bfad242283c1e8e3e&lang=en
MoreINVL Baltic Real Estate completed a transaction to acquire the Pramogų Bankas building in Vilnius. The real estate investment company paid Nesė Group, an operator of entertainment, food service and gaming businesses, EUR 2.9 million for 100% of the shares of the company Pramogų Bankas.
MoreThe real estate investment company INVL Baltic Real Estate is buying the Pramogų Bankas building in Vilnius. INVL Baltic Real Estate signed an agreement on 26 June on the purchase of 100% of the shares of the company Pramogų Bankas from Nesė Group, an operator of entertainment, food service and gaming businesses.
MoreINVL 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.
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