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UAB “Kvartalas“ Publishes Interim Financial Statements for the Six-month Period Ended 30 June 2025
Globenewswire· 2025-09-24 14:00
UAB “Kvartalas“ (hereinafter – the Company) publishes interim financial statements for the six-month period ended 30 June 2025. The Company’s main activity is real estate development and construction. The Company owns 64.3 a commercial land plot at Konstitucijos ave. 14A, Vilnius. The site is being developed as an office building with over 19,000 sq.m. of aboveground gross building area. Key events during First Half-Year 2025 On 1 April 2025, UAB “Kvartalas“ distributed bonds with a nominal value of EUR 12 ...
MARIUS ŽEMAITIS APPOINTED AS DIRECTOR OF UAB “KVARTALAS”
Globenewswire· 2025-08-05 07:00
UAB "Kvartalas" (hereinafter - the Company), which is developing the business center "Sąvaržėlė" on Konstitucijos Avenue in Vilnius, announces that Marius Žemaitis has been appointed as the new director of the Company. M. Žemaitis has more than fifteen years of experience in real estate fund management and real estate development. The new director of the Company is a member of the board of one of the largest investment management companies in Lithuania – UAB "Lords LB Asset Management", as well as the manag ...
UAB “Kvartalas“ Publishes Debt to Total Project Cost Ratio Ended 31 March 2025
Globenewswire· 2025-05-27 13:00
UAB “Kvartalas“ (hereinafter – the Company) publishes debt to total project cost ratio ended 31 March 2025.From the start of the project until 31 March 2025, EUR 35.4 million have been invested in the development of the business center "Sąvaržėlė". Total nominal value of issued bonds to finance the development reached EUR 8 million by 31 March 2025. Loan to cost (LTC) ratio as of 31 March 2025 was 19.77%.On behalf of the Company:Ieva Antanaitytė-GenevičienėGeneral Managerieva.geneviciene@lordslb.lt Attachme ...