HERO business centre has attracted the attention of retail investors

The third tranche of the 6 million euros bond issue for the development of the Hero Business Centre has been successfully placed. On 30 April - 14 May, UAB “Sostinės bokštai“, affiliated to “Realco“, one of the largest real estate development companies in Lithuania, offered debt securities with a maturity of up to 2 years to investors in Lithuania, Latvia and Estonia. The obligations are secured by mortg...

Invitation to invest in the business center “Hero“: to issue a public bond issuance worth 6 million euros

A company, related to the real estate (NT) development company “Realco“, called ”Sostinės bokštai“ will begin publicly issuing a new portion of bonds worth 6 million euros for the ambitious business center project “Hero“ in Vilnius starting on April 30th. This is already the third tranche of bonds issued for this project. The bond issuance will be conducted by the terms of the base prospectus approved by...

Realco expands its portfolio of real estate projects abroad: will build apartments in Spain

Real estate development company Realco is expanding its portfolio of projects in Spain. The company is starting to develop an apartment complex on a 4575 sqm plot of land in the neighbourhood of the world-famous resort area Marbella. This is the company's third investment in real estate projects in Spain as Realco is already developing two luxury villa projects on plots of land acquired in 2023 on the...

Survey: 3 out of 10 people work from the office every day and shopping is the most popular after-work activity

People in Lithuania are most likely to work from the office or in a hybrid way. A representative public survey conducted by Spinter Research showed that only 10% of the population work exclusively remotely from home, 12% say they combine work from home and the office, and almost a third (31%) go to the office every day. The rest are either not currently working (24%) or are working in a location other th...