The company plans to use the raised funds to invest in the development of the VERDE business centre, specifically the C and D office complexes, offering 22,500 sq. m of leasable area. The VERDE business centre is located in Skanste, Riga’s central business district, where the already fully leased VERDE A and B office buildings, developed by Capitalica Baltic Real Estate Fund I, are in operation.
The project is designed to meet Class A energy efficiency standards, as well as BREEAM Outstanding and nZEB requirements, integrating advanced building management and engineering systems to ensure sustainable and efficient operations.
The distribution is public, and the bonds can be acquired through the largest commercial banks in Lithuania, Latvia, and Estonia via Nasdaq Baltic.
For a detailed investor presentation of this bond issue (EN):
https://view.news.eu.nasdaq.com/view?id=b4561012f35e0bca80b7f6ce1d609221b&lang=lt&src=listed
