12-09-2017, Vilnius. In real estate market, which is intensifiying (hereinafter referred to as "RE"), "Inreal" presents two new streaming objects, which generates revenue. 5460 sq. m. building in Kaunas (Baltų av. 16), whic is sold for 1,86 million euros. 5100 sq. m. building in Siauliai (Vairo str. 2) – for 1,37 million euros. With both tenants, there are signed long-term lease agreements. Generated net income ranges from 133,700 euros (in Siauliai) to 155,000 euros (in Kaunas) per year. The sale is free, without an auction.
„One of the most attractive investments in real estate is the flow of fully leased commercial objects, whose annual return on investment is twice high than for example, apartments for rent,"– states commercial manager of „Inreal“ Julius Belanoska. According to him, there are few such objects on the market. "During 10-12 years, from the rental income, there is recovered the full acquisition price, i.e. the investment is paying off, and then generating profit", - says RE expert.
In the building of 3500 sq. m., which is sold in Kaunas, there are 7 tenants. In Siauliai, there are 2 large tenants. Both objects are popular in the country - Impuls and Lemon Gym - the sports clubs.
The assets are managed by Lindorff Oy, with which "Inreal" has signed an agreement on the provision of complex real estate services.
ABOUT INREAL GROUP
Inreal group which includes UAB Inreal valdymas, UAB Inreal and UAB Inreal GEO offers probably the widest range of real estate services in Lithuania. Inreal group companies belong to AB Invalda privatus kapitalas. The companies currently have over 100 employees, as well as offices and agencies operating in 11 different Lithuanian cities and towns (Vilnius, Kaunas, Klaipėda, Šiauliai,Panevėžys, Mažeikiai, Alytus, Plungė, Utena, Tauragė, Radviliškis). During more than 20 years of operation, over 50 various real estate projects were implemented, which earned recognition and won awards both in Lithuanian and in international competitions. Real estate projects are curretly being developed: "Marių verandos" in Neringa, "Dangės krantinės" in Klaipėda's old town and "HIGHWAY" business center in Vilnius. Inreal manages around 120 000 sq. m. of commercial premises, mediates in lease and sale of more than 550 thousand sq. m. of commercial premises, over 550 residential housing objects, over 300 land plots, 50 residential housing projects, 24 investment projects or their portfolios. More than 4900 valuation reports and about 80 consultations (feasibility studies, investment memorandums, and market research) are being drawn up annually. The value of assets after their valuation exceeds 720 million euros.
More information about projects in sale: Julius Belanoška, CCO of UAB "Inreal"
+370 696 50 605 | email@example.com
More information: Rūta Merčaitienė, Head of Marketing and Communication at INREAL GROUP
Mob. +370 611 29779, firstname.lastname@example.org