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The profit of Inreal Group increased by 30 percent in 2014

2015-03-31
March 31, 2015. Vilnius. Unaudited income of real estate companies, which are united by the trademark of Inreal, for 2014 reached EUR 8.9 million (30.8 million Litas), thus exceeding the level of 2013 by approx. 3 percent. In 2014, the profit prior to taxation amounted to EUR 0.3 million (1.1 million Litas) and increased by 30 percent in comparison with 2013 (0.85 million Litas). 

“Profitability was growing in all companies, belonging to Inreal Group, which was resulted by the increasing flows of lease in the company-managed objects, successful sales of property and business valuation and consulting services, as well as a well-proven solution to invest into the development of real estate in recreational territories of the country”, – stated Gedinimas Pruskus, CEO of “Inreal” and “Inreal Valdymas”.


About us:

Inreal Group uniting JSC “Inreal valdymas”, JSC “Inreal” and JSC “Inreal GEO”, provides probably the widest spectrum of services in Lithuania, related to real estate. Inreal group companies belong to SC “Invalda privatus kapitalas”. About 90 employees are currently working in Inreal group; management of 130 thousand sq. m. of premises and 2170 ha of agricultural land; mediations in lease or sale of more than 550 thousand sq. m. of commercial premises, over 550 thousand sq. m. of residential premises, over 1,000 residential housing objects, and over 300 land plots. The companies mediate in 50 residential housing projects and 24 investment objects or their portfolios. More than 4900 valuation reports and 80 consultations (feasibility studies, investment memorandums, and market research) are drawn up annually. The value of asset of valuation is above 725 million euros. Company offices or representations are operating in Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Mažeikiai, Alytus, Plungė, Utena and Tauragė.

Currently JSC "Inreal Valdymas" develops two real estate projects: houses in Nida "Kopų vetrunges" ("Dunes weathervanes") and apartments and commercial premises in Klaipeda old town "Danes uzutekis" ("Danes Bay").

More information:

Rūta Merčaitienė
INREAL GROUP
Manager of Marketing and Communication
Mob. +370 611 29779
ruta.mercaitiene@inreal.lt
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