The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first quarter of this year was EUR 0.4 million and increased 69.7% compared to the same period of 2019. The company’s consolidated equity at the end of March this year was EUR 44.4 million. Equity per share was EUR 3.38 and compared to the end of the first quarter of 2019 increased 30% (also taking into account dividends that were paid out).
The real estate investment company INVL Baltic Real Estate will pay out EUR 20.4 million of dividends. That decision was adopted at a meeting of the company’s shareholders today. It was also decided to increase the company’s maximum debt level to 80% of the value of its real estate and to change the provider of depository services to Šiaulių Bankas, thus reducing the service fees.
The real estate investment company INVL Baltic Real Estate, which recently sold the IBC Business Centre for EUR 33 million, plans to pay out EUR 20.4 million of dividends to shareholders. The proposal to pay dividends of EUR 1.55 per share was submitted to the shareholders meeting that will take place on 9 April by INVL Asset Management, which manages INVL Baltic Real Estate. Based on the company’s share price on 17 March 2020, the dividend yield is 55%.
The real estate investment company INVL Baltic Real Estate sold the IBC Business Centre in Vilnius for EUR 33 million; companies owned by the Lords LB Baltic Green Fund (V) investment fund acquired the property. Proceeds from the transaction will be used for pay-outs to shareholders of INVL Baltic Real Estate and to reduce loans.
The real estate investment company INVL Baltic Real Estate announced on 19 December 2019 that it was in negotiations with the closed-end investment fund for informed investors Lords LB Baltic Green Fund (V), managed by Lords LB Asset Management UAB, regarding the possible sale of the IBC Business Centre on A. Juozapavičiaus and Šeimyniškių streets in Vilnius which INVL Baltic Real Estate owns.
The real estate investment company INVL Baltic Real Estate gives notification that it is currently conducting negotiations regarding the sale of the IBC Business Centre to the Lords LB Baltic Green Fund (V) closed-end investment fund for informed investors.
One of Europe’s biggest coworking networks, Talent Garden, has come to Vilnius too. As the ‘Talent Garden Vilnius’ coworking space opened its doors in the Old Town this Thursday, 12 December, the Lithuanian capital became the network’s 20th city in Europe.
The real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 2.1 million for the first three quarters of this year, or 3.76% less than in the same period of 2018. The company’s consolidated equity at the end of September was EUR 35.7 million, while its equity per share was EUR 2.72 and compared to the end of the third quarter last year increased 9.2% (also taking into account dividend payments that were made).
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first half of this year was EUR 1.7 million and compared to the same period last year decreased 10.5%. The company’s consolidated equity at the end of June was EUR 35.3 million, while equity per share was EUR 2.685 and compared to the end of June 2018 increased 8.7% (also taking dividend payments into account).
By the end of this year, the first “Talent Garden Vilnius” international coworking space will open its doors in the Lithuanian capital. Located in the Old Town, in the former Communications Ministry building designed by renowned Lithuanian architect Justinas Šeibokas, Talent Garden Vilnius will offer companies, teams and freelance professionals from the digital and creative industries spaces of varied sizes and privacy for work and meetings, with a 150-seat modern conference hall at its heart.
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first quarter of this year was EUR 0.24 million and decreased 66% compared to the same period of 2018. The company’s consolidated equity at the end of March this year was EUR 35.55 million, while equity per share was EUR 2.70 and increased 13.2% compared to the end of March 2018 (also taking dividend payments into account).
The real estate investment company INVL Baltic Real Estate will pay its shareholders dividends of EUR 0.13 per share for 2018, allocating a total of EUR 1.71 million to dividends. The decision was made at the general meeting of the company’s shareholders that took place today, 26 April.
The real estate investment company INVL Baltic Real Estate will decide about allocating dividends for 2018 at the general meeting of shareholders which will take place on 26 April. Based on the proposal of the company’s management company, it is proposed that shareholders be paid dividends of EUR 0.13 per share for 2018. The total amount allocated to dividends would be EUR 1.71 million. The dividend yield, based on the price of the company’s shares on the Nasdaq Vilnius exchange on 4 April, would be 5.16%
For shareholders of the real estate investment company INVL Baltic Real Estate, a dividend payment for 2018 of EUR 0.13 per share is proposed. The total amount allocated to dividends would be EUR 1.71 million. The proposal will be presented at the company’s next general meeting of shareholders by the INVL Baltic Real Estate investment committee. It would mean a dividend yield of 5.1%, based on the price of the company’s shares today on the Nasdaq Vilnius exchange.
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for 2018, according to preliminary unaudited data, was EUR 3.17 million and was 11.4% smaller than in 2017. The company’s consolidated equity at the end of last year was EUR 35.3 million, while equity per share was EUR 2.69 and increased 9.7% from a year earlier (also taking dividend payments into account).
During this year’s public offering of shares in the real estate investment company INVL Baltic Real Estate, a total of 22 465 shares in the company were sold for EUR 57 200. The share offering was held in three stages between 2 May and 13 December this year. In the offering, investors were offered the possibility of acquiring a total of up to 22 per cent, or 2.893 million, of the company’s shares owned by Invalda INVL.
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first three quarters of this year was EUR 2.2 million and grew 6.7% compared with the same period last year. The company’s consolidated equity at the end of September was EUR 34.4 million, while equity per share was EUR 2.61 and increased 11.5% from a year earlier (also taking dividend payments into account).
Dommo Grupa, a company owned by the real estate investment company INVL Baltic Real Estate, on 28th September 2018 signed a preliminary agreement regarding the sale of 20.6 hectares of land plots in Latvia.
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first half of this year was EUR 1.9 million and compared to the same period last year grew 24.8%. The company’s consolidated equity at the end of June was EUR 34.06 million. Equity per share was EUR 2.59 and increased 12.4% from a year earlier. (Equity per share at the end of the first half of 2017 was EUR 2.42, also taking into account dividends that were paid.)
The real estate investment company INVL Baltic Real Estate’s consolidated net profit for the first quarter of this year was EUR 0.7 million and compared to the same period last year grew 95%. The company’s consolidated equity at the end of March was EUR 32.85 million. Equity per share was EUR 2.50 and increased 12.6% from a year earlier. (Equity per share at the end of the first quarter of 2017 was EUR 2.39, also accounting for dividends that were paid.)
