The Lords LB Foundation completed 40 million in Vilnius Construction of office buildings worth euros



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Office building in Lviv. Photo by Vladimir Ivanovo (V)

The investment company Lords LB Asset Management Fund has completed the construction of 40 million LTL in Vilnius. Office building worth euros in Lviv.

Eight rise 23,000 square meters. m of total office space on Lvovo street. 37 construction started in 2019.

Karolis Tuinyla, the manager of Subfund B of Lords LB Special Fund I, informed us that he is currently renting three-thirds of his area.

It has been announced that the largest tenant in the building will be the service center of the telecommunications company Telia Lietuva Telia Global Services Lithuania, which occupies 7,000 square meters. m, or 47% of the leased building area.

According to K. Tuinyla, it is still difficult to predict when all the remaining premises will be rented.

Despite the COVID19 pandemic that hit the world a year ago, construction of the business center was completed and completed according to plan. Decisions made at the design stage have shown that the building meets future standards and responds to the needs of tenants adjusted to the pandemic, according to the report.

EU technical room solutions make it easy to adapt workplaces to new occupational safety requirements, and the non-contact building management and ventilation system ensures quality working conditions.

In the atrium, we will prepare a screen that will continuously show the main energy consumption of the building, the kilowatt-hours generated by the solar plant and other readings. In general, IoT, BMS, BIM and other technology solutions we have invested in require tenants to grow up in a cheaper operation, all of which will contribute to lower prices and environmental sustainability, Tuinyla says in a report.

Arnas Lenys, director of the Vilnius Naresta construction company, which built the building, says that one of the most difficult architectural solutions of the object was as if the central main staircase hung in the air.

At least this emphasis requires extremely precise work to achieve the correct visual result, it says in the report.
During the construction of the office building, the section of Kraków Street was paved and laid with the foundation, and the upper space plaza was prepared.

Under the building, there are 241 parking spaces for cars, 8 electric cars and 92 bicycles in the parking lot.

The object is expected to be certified according to the international BREEAM construction system.

The building was designed by the Danish architectural firm PLH Architects, the Lithuanian offices Mepco and Cloud Architects.

It is the only asset of this fund.

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