News

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...

The real estate developer Realco has completed construction on its first development in the capital’s Pašilaičiai district. Over the course of several years, the company invested 15 million euros in the 7 Vakarai residential block. The project has added 12 commercial spaces and 286 apartments, of which only 13 remain available, to the real estate market of Vilnius. The majority of the apartments have alr...