The first fund, Capitalica Baltic Real Estate Fund I, has been established
2016 October
2019
CAM has reached 50M EUR AuM
2019 Q1
2021
The second fund, Capitalica Green Logistics Fund, has been established
2021 October
2021
CAM has reached 100M EUR AuM
2021 Q3
2022
Capitalica Z114 Real Estate Fund established
2022 July
2022
CAM has reached 150M EUR AuM
2022 Q3
2023
Capitalica European Office Fund established
2023 July
2023
CAM has reached 210M EUR AuM
2023 Q4
2024
Capitalica Debt Fund established
2024 January
CAPITALICA BALTIC REAL ESTATE FUND I
The commercial real estate fund focused on developing a sustainable office market – home to 150+ tenants with high-credit quality in the business districts of major Baltic cities.
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Type:
A CLOSED-END FUND FOR INFORMED INVESTORS ONLY
Target IRR:
15+
Geography:
LARGEST CITIES IN THE BALTICS
Properties type:
BUSINESS CENTERS
Investment:
CLOSED FOR INVESTMENTS
4 PROPERTIES UNDER MANAGEMENT
Verde business complex
Riga, Latvia
GLA 28 000 m2 / Built 2022 -2023
The A-class greenest office complex consisting of two complementary buildings in Riga with cutting-edge energy management solutions.
Sustainable properties with effective energy management solutions are a must for every major city.
Verde was born as a modern green concept building which started a long-awaited evolution of the office market in Latvia. Located in the strategic place between the historical center of Riga and the new Skanstes business district, it is just minutes drive-away from the old town, international airport, sea port and central railway station.
Property type:
A Class Office complex
Year built:
2022 Q3 - I Building / 2023 Q4 - II Building
Gross leased area (GLA):
28 000 m2
Occupancy:
87 % I building/ 71 % II building
Kauno Dokas business center
Kaunas, Lithuania
GLA 15 239 m2 / Built 2019
First green building in Lithuania that is cooled by river water.
We believe that every city - small or big - deserves to have modern business offices.
Until 2017, Kaunas, Lithuania, had no A Class properties. That is when we decided to bring the much needed change to the real estate market. Kauno Dokas is not your old-fashioned business center. It is environmentally friendly, tenant-oriented, and designed to support the well-being of the people and the planet. That’s why SEB Bank granted its first Green Real Estate Loan for Kauno Dokas in May 2022.
Property type:
A Class Office building
Year built:
2017
Gross leased area:
15 239 m2
Occupancy:
97%
Žalgirio 135 business center
Vilnius, Lithuania
GLA 7 641 m2 / Built 2016
A business center with a unique building management system and a strong sense of local community.
At Capitalica, we aspire to help companies find affordable and environmentally friendly offices at any stage of their business journey.
The Žalgirio 135 address represents a new trend for businesses to settle in a central location with the convenience to access it in minutes from any city area.
Property type:
B+ Class Office building
Year built:
2016
Gross leased area (GLA):
7 641 m2
Occupancy:
89 %
Luize shopping cente
Klaipeda, Lithuania
GLA 4 031 m2 / Built 2014
A shopping mall located in a strategically important location of the Lithuanian port.
When we acquired the Luize shopping center, our goal was to upgrade the shopping experience in Lithuania.
A strategic location within an easy reach from all Klaipeda’s neighborhoods and diverse selection of stores and services in the mall make it a sustainable investment with steady returns.
Property type:
Shopping center
Year built:
2014
Gross leased area:
4 031 m2
Occupancy:
91%
CAPITALICA GREEN LOGISTICS FUND
The first real estate fund in the Baltic States, which aims to implement exclusively sustainable projects.
A modern warehouse property near Riga international airports.
The outstanding technical shape stock building situated a few minutes from Riga’s airport.
It has easy access to the country's major roads connecting Vilnius, Tallinn and the port of Ventspils. With flexible rent space terms starting from 150 sq.m, it is intended for local small and medium e-commerce, and light manufacturing companies.
Property type:
Stock office
Year built:
2019
Gross leased area (GLA):
6 182 m2
Occupancy:
100%
Logistics complex S911
Tallinn, Estonia
GLA 11 760 m2 / Built 2021
A complex of green logistics buildings in Tallinn.
We believe that every city - small or big - deserves to have modern business offices.
Until 2017, Kaunas, Lithuania, had no class-A properties. That is when we decided to bring the much needed change to the real estate market. Kauno Dokas is not your old-fashioned business center. It is environmentally friendly, tenant-oriented, and designed to support the well-being of the people and th planet. Tht’s why SEB Bank granted it’s first Green Real Sestate Loan for Kauno Dokas in May 2022.
Property type:
Logistics complex
Year built:
2021
Gross leased area (GLA):
11 760 m2
Occupancy:
100%
Light industrial complex Ladu32
Tallinn, Estonia
GLA 3 470 m2 / 2021
Top valued warehouse facilities with solar panels located in the prime industrial area of Tallinn.
Logistic facilities in the prime Juri industrial area.
The close intersection connects the highways heading to Tartu, Pärnu, and further to the Baltic capitals of Riga and Vilnius. The property ensures the best work environment for its tenants with a developed infrastructure. It is home to small and medium manufacturing and warehousing companies mainly operating in the Estonian market.
Property type:
Logistics complex
Year built:
2021
Gross leased area (GLA):
3 470 m2
Occupancy:
93 %
Stock office Depot36
Tallinn, Estonia
GLA
Modern, established warehouse infrastructure that is geared to local tenant needs.
Located in the logistical heart of Tallinn’s vicinity at a well-known industrial area on Kesk Road.
The area value is supported by the future Rail Baltica intersection in Harju County and a dry port built nearby. Tenant mix is focused on small and medium service companies operating in the Estonian market which guarantees a high occupancy rate.
Property type:
Stock office
Year built:
2020
Gross leased area (GLA):
5 981 m2
Occupancy:
93 %
Logistic Center Dreillini
Riga, Latvia
GLA 5 647 m2 / Built 2008
Due to its strategic position, the logistics center is one of the best locations for logistics in Riga.
Located in the Dreilini district of Riga, the best location for logistics in Riga due to its strategic position on the densely populated side of the city and excellent transport links.
Commercial property is in a prime location with easy access to the Old Town, Via Baltica, and the upcoming Salaspils intermodal freight terminal. It is a significant competitive advantage to offer the demand for combining warehouse, office, and showroom spaces in the growing urban area.
Property type:
Stock office
Year built:
2008
Gross leased area (GLA):
5 647 m2
Occupancy:
100 %
CAPITALICA Z114 REAL ESTATE FUND
Based on a “Club Deal” investment model for a limited number of investors, the fund is oriented toward the development of A Class commercial real estate in the central business district of Vilnius.
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Type:
A CLOSED-END FUND FOR INFORMED INVESTORS ONLY
Target IRR:
20+
Geography:
VILNIUS
Properties type:
SUSTAINABLE A CLASS BUSINESS CENTERS IN VILNIUS CBD
Work in harmony near the newly developed park and Japanese garden and still in the central business district of Vilnius.
Work in harmony near the newly developed park and Japanese garden and still in the central business district of Vilnius. Located at the Žalgirio and Linkmenų street crossing, it creates a new business center infrastructure nearby our other already existing office building at Žalgirio 135.
Property type:
A Class Office building
Year built:
2024
Gross leased area (GLA)
8 200 m2
CAPITALICA EUROPEAN OFFICE FUND
The commercial real estate fund was established to take advantage of favorable market conditions by investing into offices not only in the Baltic, but also in the Central and Eastern European regions.
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Type:
A CLOSED-ENDED FUND FOR INFORMED INVESTORS ONLY
Target IRR:
12+
Geography:
CENTRAL AND EASTERN EUROPE
Business type:
BUSINESS CENTERS
Investment:
OPEN FOR INVESTMENTS
1 PROPERTY UNDER MANAGEMENT
Savanorių18 Business center
Vilnius, Lithuania
Vilnius Naujamiestis is quickly becoming a hub for business, with a business center located in the area.
Vilnius Naujamiestis is quickly becoming a hub for business, with a business center located in the area.
On January 2023, there were fully refurbished office premises.
Business centre is located within walking distance of the Old Town of Vilnius - Naujamiestis, which is one of the fastest reviving micro locations of the capital. Progressive international companies are being founded here, among which are the only two Lithuanian unicorns so far: Tesonet and Vinted.
Property type:
OFFICE BUILDING
Year built:
2010
Gross leased area:
4230 m2
Occupancy:
100 %
CAPITALICA DEBT FUND
Debt fund investing into corporate bonds, with a focus on SME companies in the Baltic region. Intended for investors looking to generate stable portfolio growth and periodic cash distribution.
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Type:
Closed-end investment fund for informed investors
Target IRR:
10%
Geography:
European Economic Area
Investment type:
Debt securities (bonds)
Meet our Funds Managers
Chairman of the Board | Fund Manager
Andrius has been experienced in the capital market, asset management, and real estate since 1997.
With 20+ years of experience, Andrius closed many successful acquisitions and managed 100K+ client accounts, and 250M EUR valued AUM. Andrius' investment experience and management skills are highly regarded by his clients. Previously he had managed investment bank Finasta and the Finasta Group, one of the largest investment banking, wealth management, pension fund, and investment management platforms in the Baltic states.
Andrius graduated in FinTech from Oxford University and has a Master of Administration from Kaunas University of Technology.
Andrius Barštys
Chairman of the Board | Fund Manager
CEO | Fund Manager
Mindaugas has been experienced in real estate management, analysis, and evaluation since 2016.
Mindaugas has been working for over a decade with investors who entrusted their assets in Capitalica, investing more than EUR 35 million. Mindaugas is a Fund Manager of Capitalica’s most recent and sustained Capitalica Green Logistics Fund. Before that, he worked as an investment analyst in MC Investments - the investment advisory company which helped their international clients to allocate 400M+ USD successfully.
Mindaugas graduated in economics from the ISM University of Management and Economics.
Mindaugas Liaudanskas
CEO | Fund Manager
Fund manager
Gintaras has been working in the Real Estate market for over 10 years and sharing his experience in the Baltic regions. During all this time, he was working with well-known private and public companies such as Newsec and Inreal by advising regarding their strategic RE plans. Over the last years, Gintaras worked in RE development companies, where he was responsible for RE investments and development acquisitions in the Baltic region.
Gintaras graduated with a Bachelor’s in Financial Economics from Mykolas Romeris University.
Gintaras Toločka
Fund manager
Fund manager
Ignas has almost 20 years of experience in the banking sector, all this time working with corporate customers. Ignas' specific strenghts and track-record lie within corporate finance, transaction structuring, credit risk, capital markets areas. Previously Ignas has been leading Debt Capital Markets, Credit Analysis and Large Corporates units in Luminor bank. Ignas graduated with a degree in Business Administration and Management from Vilnius University.
Ignas Šablevičius
Fund manager
What’s coming?
2023 - 2028
At Capitalica, we help investors reach bold goals and real growth.
2024
2024 Q1
Complete commissioning of Verde complex in Riga
2028
2028
1 billion EUR AuM
FAQS
Have a question? Read our most Frequently Asked Questions (FAQs)
Q1:
Why should I invest in the real estate investment fund rather than real estate property?
A:
It is like owning a car or using a taxi. We assume you plan to rent the property. So, you can invest in real estate directly and take all property management routine, costs, and responsibility on your shoulders. You will do the work and face tenant-related challenges which will substantially cut the potential profits and your own resources if done in an amateur way. Entrusting this to a professional fund will ensure market know-how in selecting the best properties, their effective management, and solid financial background to deliver agreed returns
Q2:
How can I invest in one of your funds?
A:
It depends on what kind of investor you are. The entry-level for institutional and accredited investors is 125,000 EUR. However, anyone can participate in bond acquisition starting from 100 EUR.
Q3:
How much will I earn during the investment period?
A:
Everyone’s situation is different. On average, you can expect to more than double the investment amount in ten years. We apply the agreed annual yield, ensuring exponential profit growth in the long term.
According to Albert Einstein, compounding is the most powerful force in the universe. If you put 125,000 euros into an account with a 15% yearly interest rate, you could potentially double your money in just 5 years, triple it in 8 years, or quadruple it in 10 years.
Start investment
€125,00
1st year
€143,750
2nd year
€165,313
3rd year
€190,109
4th year
€218,626
5th year
€251,420
6th year
€289,133
7th year
€332,502
8th year
€382,378
9th year
€439,735
10th year
€505,695
Q4:
Is the real estate fund a liquid investment?
A:
No. Our closed-end funds are not liquid as they do not accept fresh applications and redemptions at any time. But it is worth noting that Capitalica has inside trades of up to 2 million euros per year among its investors. Therefore, such a possibility exists if someone wishes to invest more or exit.
Q5:
How are asset management companies being supervised?
A:
Investors working with asset management companies are well protected. Company activities are supervised by the Bank of Lithuania and Central Securities Depository carried out by the Lithuanian branch of the Nasdaq stock exchange. The financial performance is also audited by the independent licensed auditors, usually Big 4 firms.
Invest without hassle
Talk to an investment expert
Simply set up a call with Capitalica Investor Relationship Managers, discuss your goals, allocate funds, sit back, and experience the real growth.
The website provides information of an informative nature. More detailed information about the investment opportunities in a specific fund might be found at funds’ prospectuses and rules. Before making an investment decision, it is advisable to not only think carefully about your investment objectives but also the risks, fees, and costs that the fund incurs. Investments can be both profitable and unprofitable – you can lose part or even all the amount invested. Past performance does not guarantee future results. Investments in a specific fund managed by the Management Company relate to various risks (including, but not limited to, the risk of loss) that each investor must assess, based on his experience, the fund documentation, and other factors.
For more information about the fund, please call +370 611 47844 or e-mail [email protected]. Please read the prospectus and other documents related to the fund carefully before investing.
Detailed information about the funds and the management company is provided when logging in to the client area.
