News - 2023

Real estate development company Realco has acquired two plots of land on Spain's Costa del Sol, one of the most expensive areas of Marbella, where it will develop two luxury villa projects. According to Realco's CEO Julius Dovidonis, the plots in Spain's world-famous resort area between Marbella, Benahavis and Estepona, known as the "golden triangle", are the company's first investment in real estate...

Financial market participants have lent funds to Hero project, a modern business centre under construction in the centre of Vilnius, by redeeming the second privately placed targeted bond issuance this year. The value of the issued bonds amounts to 6 million euros, with an application of a 6-month EURIBOR and 6% interest rate. Following the successful completion of the process, the project developer Real...

Real estate developer Realco has signed a contract with Staticus for the facade installation works of the Hero business centre, which is being developed in the capital's central business district. The company is scheduled to complete the works by May, 2025. “Hero is our most ambitious real estate project. The buildings are complex in their configuration and unique in their architectural and structura...

Many new business centres in Lithuania are certified with BREEAM or LEED international green building certificates, but not a single building in our country has the WELL certificate, which is becoming increasingly popular worldwide. It is planned that the first in Lithuania to receive this certificate will be the Hero business Centre, developed by Realco in Vilnius' central business district. Accordin...