[ad_1]
Aware: 2020-09-22 10:13
Company photo
SEB Bank provided 22 million. Euro loan to the Lords LB Foundation, an office building in the Vilnius central business district in Lviv.
Although not easy for developers seeking bank financing after quarantine financing, SEB Bank’s verified loan is one of the largest financial transactions in the Vilnius office market this year, the report quotes Karolis Tuinyla, manager of Subfund B of Special Fund I of Lords LB.
According to him, the loan from SEB bankas is intended to refinance the construction of the business center and the improvement of the environment and surrounding infrastructure.
It is clear that the fund also distributed 7.9 million LTL for this project. Eur for issues of less than one year with an interest of 9%.
The total investment project of the fund will amount to 40 million. EUR.
The Vilnius office market remains one of the most active in the Baltic region, and the new building will undoubtedly strengthen the country’s position to attract new investment, says Vilius Juzikis, Vice President and Head of Corporate Banking Department at SEB Bank .
The total area of the new business center together with 241 parking lots for local poems will reach 23,000 m2. meter. The new building is expected to receive the BREEAM Excellent certificate.
The door to the Lviv business center will open in the first quarter of next year. In April this year, an agreement was signed with the telecommunications company Telia, whose center of competence will become the largest tenant and will occupy 7,000 m2. m, or 47% of the total area.
Fund Lords LB Special Fund I Sub-fund B is managed by Lords LB Asset Management, an investment management company licensed by the Bank of Lithuania, serving institutional and private investors since 2008. In total, the company currently manages 15 funds , 12 real estate funds, two private equity funds and one energy and infrastructure fund alone. Total value of assets managed by Lords LB Asset Management in 2020 at the end of June boiled 605 million. EUR.
Follow the news and trends of the real estate market on the Facebook page V Real Estate
Rayti komentar
[ad_2]
