Special closed-ended type real estate investment company INVL Baltic Real Estate, legal entity code 152105644, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “INVL Baltic Real Estate”), informs that on the initiative and decision of the management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“), the General Extraordinary Shareholders Meeting (hereinafter- “the Meeting”) is to be held on 9 December 2022.
MoreThe net asset value of INVL Baltic Real Estate, as provided in the Articles of Association section XII ‘Valuation of assets of the company and calculation of the net asset value’, amounted to EUR 21,415,199 or EUR 2.6565 per share on 30 September 2022.
MoreFor 9 months of 2022, the unaudited consolidated net profit of the INVL Baltic Real Estate group was EUR 2.1 million, revenue was EUR 2.55 million (for 9 months of 2021 consolidated net profit was EUR 1.14 million, revenue was EUR 1,96 million).
MoreIn accordance with Article 65(1) of the Republic of Lithuania Law on Companies, we hereby notify of the terms of the reorganisation of the special closed-end real estate investment company INVL Baltic Real Estate (hereinafter – INVL Baltic Real Estate), code: 152105644, registered office address: Vilnius, Gynėjų g. 14 and the joint stock company RE 1 (hereinafter – AB RE 1), code: 152105644, registered office address: Vilnius, Gynėjų g. 14, on the basis of which AB RE 1 is merged with INVL Baltic Real Estate, that is continuing operations and which owns 100% of the shares of AB RE 1 (the provisions of Article 70 of the Republic of Lithuania Law on Companies are applied to the merger).
MoreThe resolutions of the General Extraordinary Shareholders Meeting (hereinafter – “the Meeting”) of special closed-ended type real estate investment company INVL Baltic Real Estate (hereinafter – “the Company” or “INVL Baltic Real Estate”) that was held on 23 August 2022:
MoreThe net asset value of INVL Baltic Real Estate, as provided in the Articles of Association section XII ‘Valuation of assets of the company and calculation of the net asset value’, amounted to EUR 21,196,770 or EUR 2.6294 per share on 30 June 2022.
MoreFor 6 months of 2022, the unaudited consolidated net profit of the INVL Baltic Real Estate (hereinafter – “the Company”) group was EUR 1.88 million, revenue was EUR 1.64 million (for 6 months of 2021 consolidated net profit was EUR 0.75 million, revenue was EUR 1.24 million). The revaluation of the real estate value of EUR 1.7 million had a positive impact on the results. The unaudited net profit of Company itself amounted to EUR 1.88 million for 6 months of 2022 and EUR 0.75 million for 6 months of 2021.
MoreINVL Baltic Real Estate (hereinafter – the Company) hereby gives notification that the Vilnius City municipality has approved design proposals for the reconstruction of a complex that the Company owns in the city’s Old Town at the address Vilniaus Street 33. Reconstruction of the complex is intended to create an administrative building with four floors and an attic for high-end offices. Its ground floor will contain restaurants and commercial premises.
MoreSpecial closed-ended type real estate investment company INVL Baltic Real Estate, legal entity code 152105644, the registered address Gyneju str. 14 Vilnius, Lithuania (hereinafter – “the Company” or “ INVL Baltic Real Estate”), informs that on the initiative and decision of the management company UAB „INVL Asset Management“ (hereinafter – “the Management Company“), the General Extraordinary Shareholders Meeting (hereinafter- “the Meeting”) is to be held on 23 August 2022.
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