This post was automatically translated into English
The Eika Group of Companies has completed the purchase and sale transaction of the Hyper NORFA shopping center, which opened in April of this year.
The Eika Group of Companies has completed the purchase and sale transaction of the Hyper NORFA shopping center, which opened in April of this year. The shopping center, built in Vilnius, Pilaitė, has been sold to a foreign investor.
The 5,000-square-meter shopping center in Pilaitė houses the NORFA grocery store, which occupies an area of almost 4,000 square meters, as well as specialized stores, a veterinary clinic, a pharmacy, flower shops, beauty salons, a dry cleaner and other stores. A 165-space parking lot, a car wash and a garden goods center are also located next to the new shopping center.
“Over 96% of the space in the new shopping center has already been leased. Negotiations are currently underway with other specialized stores, so all retail spaces should be filled by autumn,” says Aistė Adamonytė, Director of the Asset Management Department at Eika.
The company’s investments in the new shopping center amount to 15 million litas, and the construction of the building took 8 months.
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.
More information:
Arvyda Rimšaite
Project Manager at UAB “Eika”
Mobile: +370 614 81106