A company related to “Realco” started to distribute 6 mln. Euro value single bond issue

The subscription period for the bonds distributed by the Capital Towers is until . m. on May 14, the release date is scheduled for May 20. The funds raised by the bonds will be allocated in the central business district of Vilnius. Central Business DistrictCBD) for the developing ambitious business center Hero.

Investors pegged Hero’s potential

Buyers of publicly distributed bond issues will be paid 6 months every six months. EURIBOR + 6% annual salary rate. at this time 6 months EURIBOR is around 3.85%. The bond issue is distributed by the Estonian investment banking company Redgate Capital and iauli bankas, it is carried out in accordance with the 2024 March 12 The terms of the base prospectus approved by the Bank of Lithuania. The issued bonds are expected to be traded on NASDAQ Vilnius alternative securities market First North.

This is already the third part of the bond issue for the Hero business center. Last year, the two parts of the bond issue, which were distributed privately, received more attention than expected, and a total of 13.5 million was raised. Eur. The first two issues were distributed by Redgate Capital. The total investment for the expansion of the Vilnius CBD business center Hero will amount to 112 million. EUR, and in the market Realco plans to borrow about 60% up to EUR 67 million. Eur.

The viability of the Hero project was assessed not only by us, but also by market participants. We see that participation in the capital markets in order to attract alternative financing can become a permanent source of diversification. Not only did Lithuanian investors gain trust, but Estonian and Latvian investors actively engaged and worked their jobs. We see that we will continue to closely cooperate with market participants in 2025 as well, says Realco manager Julius Dovidonis.

More information on May 7. in the webinar

Recalling the first two successful parts of the bond issue, Redgate Capital representative for Lithuania Dinas Petrikas said that the project of the highest class business center and its location in Vilnius are attractive to investors. According to him, the developer Realco’s experience in developing both business centers and other real estate objects, its reputation in the market, and also, obviously, the conditions of the bonds, are no less important for the investor.

Realco potential investors on May 7. invites to a remote conference, webinar. During it, representatives of iauli bank and Realco will provide more detailed information about the Hero business center under construction and investment opportunities in publicly distributed bonds intended for the development of this project. Conference registration: https://bit.ly/49UIi89

An essential criterion of the instrument of guarantee of the bond

Egl Diugyt, head of the Financial Markets Department of Iauli Bank, draws attention to the fact that recently Baltic aluminum bond investors may earn about 10% or even more annual loss. The fundamental change in the size of the salary created the conditions for investors to be and operate in the capital markets much more actively. And the more active the investor, the more projects are received that boldly choose the capital markets as a source of financing.

Today, the main criterion for an investor to choose among the many investment opportunities is the bond insurance. Investors give priority to debt securities that have real estate exchange, preferably first, and also the bonds were issued by the availability and reliability in the market, says E. Diugyt. And when evaluating a new real estate, there is a golden rule, in which three essential points regarding real estate always come true: location, locations, and location again. Real estate exchange in a good and popular place, such as the central business district of Vilnius, provides investors with security in terms of working there.

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The first healthy building certificate WELL Gold

The construction of the A+ energy efficiency class business center Hero is planned to be completed in 2025. II quarter ia siloma 31,600 sq.m. m. of leased area, and in one auction up to 4 thousand. sq. m. area premises, 430 parking spaces will be provided.

The environment and sustainable life cycle of this building are verified according to the standards of the world-class health building WELL Gold and the sustainability Breaam Excellent certificate. By the way, Hero plans to become the first business center in the Baltic states to be WELL Gold certified.

For prospective tenants, a complex product of office premises designed according to interior standards is offered at a very competitive price. This will allow the tenants to accurately plan the floors of the office and will not take up time in the construction work.

A new generation of healthy and comfortable working environment in the business center will also provide additional space and convenience, such as 450 sq. m. area roof terrace with sports, recreation, communication areas, a library, quality food and wellness establishments, abundant natural alum and even a 300 m long running track that meets the Olympic parameters on the roof, employees will be able to enjoy the panorama of central Vilnius while exercising.

Realco is one of the largest real estate developers in the area since the beginning of its activities in 2006. has more than 243,800 sq. m. m. residential and business premises, and is currently expanding another 121,500 sq. m. m. such premises.