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UAB “Kvartalas“ Publishes Interim Financial Statements for the Six-month Period Ended 30 June 2025
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.
From the start of the project until 30 June 2025, EUR 44.2 million have been invested in the development of the business center "Sąvaržėlė". Total nominal value of issued bonds to finance the development reached EUR 30.1 million by 30 June 2025.
LTC (Loan to Cost) ratio as of 30 June 2025 was 34.44%.
Director of UAB “Kvartalas“
Marius Žemaitis
Marius.zemaitis@lordslb.lt
+370 611 14 206
Attachments
2321 Rosecrans Avenue. Suite 2200
90245 El Segundo Stati Uniti