This post was automatically translated into English
SEB Bank has granted a loan of LTL 18 million to the EIKA group of companies. The loan will be used for the development of the Santariškių namai settlement in Vilnius, as well as for the construction of apartment buildings in the Pilaitė district of the capital.
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[endif]–>SEB Bank has granted a loan of LTL 18 million to the EIKA group of companies. The loan will be used for the development of the Santariškių namai settlement in Vilnius, as well as for the construction of apartment buildings in the Pilaitė district of the capital..
“Positive signs in the housing market are increasing, and apartment building projects implemented by professional real estate developers with long-term experience in the market in Vilnius are among the most attractive. We are ready to provide financing and contribute to the implementation of promising real estate projects,” says Aivaras Čičelis, Deputy President and Director of the Business Banking Service of SEB Bank.
This year, Eika plans to invest more than LTL 45 million in real estate projects being implemented in Vilnius in Pilaitė and Santariškės.
The company intends to invest 18 million litas in the development of Santariškės this year. Currently, a low-rise apartment building “Gilė” is being built in Santariškės, where new residents will move in this summer. It is planned to build 190 apartments in the entire “Gilė” quarter. The individual houses “Miglė” are also being built next to Verkės Park. Twelve such houses are planned to be built by the end of the year. In total, about 80 new apartments and cottages should be built in Santariškės settlement this year. By 2015, it is planned to build about 200 new apartments, a shopping and service center, and complete the construction of the entire Santariškės settlement. About 1,150 families will live there in 2015.
The company plans to invest more than 27 million litas in the construction of apartment buildings and a shopping center in Pilaitė. Currently, Eika is completing the construction of a nine-story 71-apartment building in Pilaitė, and is carrying out construction work on a new seven-story 42-apartment building and the second stage of a multi-storey car park. Also this year, it is planned to start the construction of a 5,000 square meter shopping center in Pilaitė, which should open its doors next year. By 2015, Eika plans to build a total of about 250 new apartments in Pilaitė.
More information:
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mso-bidi-font-family:Arial;mso-ansi-language:LT;mso-no-proof:no”>Arvydas Žilinskas
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mso-ansi-language:LT;mso-no-proof:no”>SEB
mso-bidi-font-family:Arial;mso-ansi-language:LT;mso-no-proof:no”> Head of Bank Media Relations
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mso-bidi-font-family:Arial;mso-ansi-language:LT;mso-no-proof:no”>Tel. (8 5) 268 1198, 8 687 04 052
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mso-bidi-font-family:Arial;mso-ansi-language:LT;mso-no-proof:no”>Email [email protected]
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mso-ansi-language:LT;mso-no-proof:no”>www.seb.lt
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mso-ansi-language:LT;mso-bidi-font-style:italic;mso-no-proof:no”>Eika Development Director
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mso-ansi-language:LT;mso-bidi-font-style:italic;mso-no-proof:no”>Tel. (8 5) 251 42 53
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mso-ansi-language:LT;mso-bidi-font-style:italic;mso-no-proof:no”>Email [email protected]
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About the EIKA group of companies
Founded in 1992, the company “Eika” is one of the largest real estate development and construction groups in Lithuania. The group of companies consists of: UAB “Eika” – a leader in the real estate market, valued for its innovation, reliability and responsibility; UAB “Eikos statyba” – a construction company with extensive experience in the construction and renovation of administrative, public, commercial, industrial and residential buildings.
About SEB
SEB is a leading Nordic financial services group. As a long-term customer relationship bank, SEB advises customers on financial matters and provides them with universal financial services in Sweden and the Baltic countries. The core business areas of the SEB group’s banks in Denmark, Finland, Norway and Germany are business and investment banking services for corporate clients and institutions. The SEB group employs approximately 17 thousand people. Read more about SEB
www.sebgroup.com.
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