{"id":2811,"date":"2022-07-22T09:34:06","date_gmt":"2022-07-22T09:34:06","guid":{"rendered":"https:\/\/cifras.lt\/capitalica\/web\/seb-bank-is-funding-60-mln-euros-for-the-development-of-capitalicas-office-complex-verde-in-riga\/"},"modified":"2022-07-22T09:34:06","modified_gmt":"2022-07-22T09:34:06","slug":"seb-bank-is-funding-60-mln-euros-for-the-development-of-capitalicas-office-complex-verde-in-riga","status":"publish","type":"post","link":"https:\/\/capitalica.lt\/en\/seb-bank-is-funding-60-mln-euros-for-the-development-of-capitalicas-office-complex-verde-in-riga\/","title":{"rendered":"SEB Bank is funding 60 mln. euros for the development of &#8220;Capitalica\u2019s&#8221; office complex Verde in Riga"},"content":{"rendered":"<p>SEB Bank financed the construction of the greenest office complex Verde in the Skanstes business district of the Latvian capital. Capitalica Asset Management &#8211; which is implementing the project &#8211; has been granted a loan amounting to 60 mln. euros for a period of five years.<\/p>\n<p>&nbsp;<\/p>\n<p>Andrius Bar\u0161tys, CEO of Capitalica Asset Management, says: \u201cThe credit was given not only for construction of the building but also for redeeming the outstanding bonds of Capitalica Baltic Real Estate Fund I which were previously issued via private placement for the same purpose. We have been cooperating with the SEB Bank since the establishment of our company, and the conditions offered by the bank\u2019s branch in Latvia were the most favorable\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>Currently, the construction of the first &#8220;Verde&#8221; A building is nearing completion. It is planned that the first tenants will move into the office complex this summer &#8211; 75% of the &#8220;Verde&#8221; A building has already been leased. The exclusive rental partner of &#8220;Verde&#8221; is &#8220;Colliers&#8221;.<\/p>\n<p>&nbsp;<\/p>\n<p>Construction of the second building takes place under a schedule provided by the company. Construction of the ground floors connecting the two buildings, including an underground car park, has already been started since last summer. Like the first building, the second one will have 11 floors, a terrace covering 600 sq.m with abundant greenery, and working places outside. At present, the reinforced concrete structures of the building have already been installed, and the facade works are being started. The estimated date of commissioning of the entire office complex is set for mid-2023.<\/p>\n<p>&nbsp;<\/p>\n<p>Ints Krasts, Member of the Management Board of SEB Bank, says: \u201cReal estate in the European Union generates approximately 36% of total CO2 emissions, which is why banks, investors, and tenants pay more attention to the implementation of sustainability principles, energy efficiency, and property certification. \u201cVerde\u201d office complex is one of the examples of sustainable architecture, how to ensure both the building&#8217;s energy efficiency and to create a productivity-enhancing environment with well-thought-out solutions\u201d.<\/p>\n<p>&nbsp;<\/p>\n<p>\u201cWe are extremely proud of being the founders of the greenest office in Riga. Verde qualifies for nZEB \u2013 a \u201cnearly zero-energy building\u201d and is built in accordance with the criteria of the BREEAM certification system \u2013 at the BREEAM \u201cExcellent&#8221; level. We believe that Verde will not only contribute to the development of a modern Skanstes business district, but also will attract more investments to a commercial real estate market in the Latvian capital,\u201d shares his expectations A. Bar\u0161tys.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Information for the media:<\/strong><\/p>\n<p>Andrius Bar\u0161tys<\/p>\n<p>CEO of Capitalica Asset Management<\/p>\n<p>Andrius.Barstys@capitalica.lt<\/p>\n<p>+370 612 30260<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEB Bank financed the construction of the greenest office complex Verde in the Skanstes business district of the Latvian capital. Capitalica Asset Management &#8211; which is implementing the project &#8211; has been granted a loan amounting to 60 mln. euros for a period of five years. &nbsp; Andrius Bar\u0161tys, CEO of Capitalica Asset Management, says: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-2811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SEB Bank is funding 60 mln. euros for the development of &quot;Capitalica\u2019s&quot; office complex Verde in Riga - Capitalica<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/capitalica.lt\/en\/seb-bank-is-funding-60-mln-euros-for-the-development-of-capitalicas-office-complex-verde-in-riga\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEB Bank is funding 60 mln. euros for the development of &quot;Capitalica\u2019s&quot; office complex Verde in Riga - Capitalica\" \/>\n<meta property=\"og:description\" content=\"SEB Bank financed the construction of the greenest office complex Verde in the Skanstes business district of the Latvian capital. 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