Unaudited income of Inreal Group of 2015 – 10 million euro

Unaudited income of Inreal Group of 2015 – 10 million
euro

 

May 12,
2016. Vilnius. In 2015, the unaudited income regarding the real estate
(hereinafter – RE) services provided by the real estate companies united by the
trademark of Inreal was EUR 10 million, exceeding the level of 2014 (EUR 8.9
million). In 2015 the profit before taxation amounted to EUR 0.2 million and
was less by 33 percent than in 2014 (EUR 0.3 million).

 

We started developing several new projects
in 2015. In the residential sector: “Danges Krantines” in Klaipeda, “Mariu
Verandos
” in Neringa, and completed the project “Nidos Rytys” (2nd
stage of “Kopu Vetrunges”). In the commercial sector: the reconstruction of the
business centre HIGHWAY in Vilnius (Savanorių pr. 128), thereafter it will
become a business centre of A and A+ energy class. In addition, the concept for
the newly acquired business centre BH92 Business Home (Zalgirio str. 92,
Vilnius) is being developed”,
stated Gediminas Pruskus, the Director of Inreal
Valdymas and Inreal.

Along
with the increasing activity of the market, income was growing in all groups of
services provided by Inreal companies: RE development and management, RE
valuation and brokerage, consulting, geodesy and territory planning. The
decrease in profit was caused by the write-offs and higher operating costs.


ABOUT INREAL
GROUP

Inreal
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. There are
about 130 sq.m. of premises territory and 2170 hectares that are being managed
by this company. 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.
At this time “Inreal valdymas” is managing real estate projects in Neringa: “Marių
verandos
”, “Nidos Rytys” and “Kopų vėtrungės” . Also, the apartments and commercial
premises in Klaipėda old town “Dangės krantinės”.

Rūta Merčaitienė
INREAL GROUP
Head of Marketing and Communication
Mob. +370 611 29779
ruta.mercaitiene@inreal.lt