January 12, 2016. Vilnius. A company managed by “Inreal valdymas” and “Litectus” signed a contract on the acquisition of the Business Centre at Žalgirio Str. 92, Vilnius (previously called Kernavės Business Centre). Total area of the building is 14,850 sq.m.
“We acquired this building, because the experience of “Inreal Valdymas” in developing and managing business centres will allow us to add value for this project and offer an attractive product to the market”, – stated Gediminas Pruskus, the Director of “Inreal Valdymas”. According to him, the investment was also stimulated by the fact that the building is in a particularly convenient location – close to the new centre of the capital city on a rapidly developing Žalgirio street.
A 9-storey business centre at Žalgirio Str. 92 was built in Vilnius in 2006; it meets all requirements applicable to Class-B+ business centres. There are 275 parking places in a 2-storey underground parking and outside parking area.
Žalgirio street in Vilnius is one of the most rapidly developing territories in the centre of the capital city. There are two new business centres and four multi-dwelling projects being developed in this territory. “Hyper Rimi” and “Maxima XX” shopping centres as well as Vilnius Japanese Garden are located nearby.
ABOUT INREAL GROUPInreal Group, that consist of JSC “Inreal valdymas”, JSC “Inreal” and JSC “Inreal GEO”, provides probably the widest spectrum of services in Lithuania, related to real estate. Inreal group companies belong to SC “Invalda privatus kapitalas”. About 90 employees are currently working in Inreal group; mediations in lease or sale of more than 550 thousand sq.m of commercial premises, over 550 residential housing objects, and over 300 land plots. The company mediates in 50 residential housing projects, 24 investment projects, or their portfolios. More than 4,900 valuation reports and about 80 consultations (feasibility studies, investment memorandums, and market research) are being drawn up annually. The value of asset of valuation is above 725 million euros. Company offices or representations are operating in Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Mažeikiai, Alytus, Plungė, Taurage, Utena and Druskininkai. During 20 years of its activity “Inreal valdymas” has developed over 50 different well recognized real estate projects that have won awards not only in Lithuania, but also at international contests.