| Project Detail |
Location:
Lithuania
Project number:
55369
Business sector:
Property and tourism
Notice type:
Private
Environmental category:
B
Approval date:
13 Aug 2024
Status:
Approved
English-language PSD published:
13 Aug 2024
A senior secured loan of up to EUR 19,600,000 to Aurochs Investments, UAB, a limited liability company incorporated in Lithuania (the "Borrower"). The loan will be used for the construction of Jasinskio 2, a sustainable office building of 7,300 sqm net leasable area in a prime location in the centre of Vilnius, Lithuania (the "Project"). The Project is developed and managed by EIKA Development, UAB (the "Developer"), a limited liability company incorporated in Lithuania and the real estate services arm of EIKA Group, one of the largest real estate development and construction groups in Lithuania.
Project Objectives
The Project will lead to the construction of a highly sustainable building, going beyond prevailing standards in the Baltic states, and will contribute to urban regeneration through the transformation of an abandoned site into a green, high-quality urban location. |
