March 24, 2015. Vilnius. In 2014, the companies, managed by “Inreal Valdymas”, acquired real estate (RE) for 10.4 million Euro (36 million Litas) in Lithuania. Realized RE amounts to more than 7.4 million Euro (25.6 million Litas). Successful sales were implemented not only in the capital city but also in the regions.
“The major share of the real estate, sold in 2014, covered the sales in the company-developed residential RE projects in the coastal region. The amount of housings, sold in the apartment and commercial complex of buildings “Danes Uzutekis” (Danes Bay) in Klaipeda and “Kopu Vetrunges” (Dune Weathercocks) in Nida only, exceeds 5.1 million Euro (7.7 million Litas)”, – stated Gediminas Pruskus, CEO of “Inreal Valdymas”. According to him, the exclusive fact is that many transactions in the commercial RE segment were made in smaller towns in the country. The sales of commercial RE in Panevezys, Druskininkai, Ukmerge, Raseiniai, Plunge, and Jurbarkas exceeded 1.3 million Euro (nearly 4.5 million Litas). The total amount of RE, sold in 2014, was 7.4 million Euro (25.6 million Litas).
In
2014, investments into RE were implemented in various regions in Lithuania. “A more proactive market allowed
implementing more than a single successful transaction – we have acquired
property for 36 million Euro, nearly”, – noted G. Pruskus. “We intend to develop some of these RE properties;
while the remaining share will be sold, once we solve the legal or other
problems impeding the potential development”, – stated the CEO of “Inreal
Valdymas”. Similar level of investments will be aimed at in 2015.
About us
JSC "Inreal valdymas" (Inreal Management) started its activities in 1994 and now is one of the leading companies in the Lithuanian real estate market. The Company’s key activities include real estate development and management, and participation in financing and administration of real estate investment projects. The key principles observed in everyday business – reliability, responsibility and respect for the customer – help sustain leadership in all its activities. JSC "Inreal valdymas" with its main office in Vilnius, has representatives in Kaunas and Klaipėda.
Currently JSC "Inreal Valdymas" develops two real estate projects: houses in Nida "Kopų vetrunges" ("Dunes weathervanes") and apartments and commercial premises in Klaipeda oldtown "Danes uzutekis" ("Danes Bay").
JSC Inreal valdymas, JSC Inreal and JSC Inreal GEO create a brand family - INREAL GROUP.
For more information:
Rūta Merčaitienė
INREAL GROUP Head of Marketing and Communications
Mob. tel. +370 611 29 779
El. paštas: ruta.mercaitiene@inreal.lt