This post was automatically translated into English
In 2011, the EIKA group of companies sold 132 new apartments in three projects.
In 2011, the EIKA Group of Companies sold 132 new apartments in three projects and signed 17 preliminary apartment sales contracts, i.e. 18 percent more than in 2010.. More than 62 percent of Eika apartment buyers purchased their homes using a bank loan.
“Last year, the sales structure was different from 2010,” notes Eika market analyst Tomas Žiaugra. “In 2010, the majority of apartments sold went to the mid-range project in Santariškės, and in 2011, more than 60 percent of new residents settled in the Pilaitė project developed by Eika.” A third of all sales were mid-range apartments, and only 7 percent went to luxury apartments in the center of Vilnius.
According to Domas Dargis, the development director of Eika, the changes in the structure of new apartment sales were determined by the changed supply. “In 2011, the supply of middle-class apartments was almost twice as low as in 2010, so sales of apartments in this class naturally decreased.” In 2011, Eika added more than 100 apartments to its supply of new apartments in Pilaitė and 50 apartments in Santariškės, Verkių Parkas. “We are starting this year with a supply of slightly more than 100 apartments in various parts of Vilnius. We are actively preparing new projects, so we will have something to offer those looking for quality housing in the near future,” says D. Dargis.
In 2012, Eika plans to build more than 150 new apartments in Pilaitė and Santariškės, Vilnius. It is planned to invest 21 million litas in residential projects this year.
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; UAB “Inžinerinės idėjos” – specialists in the design, installation and maintenance of engineering systems. The quality of the services of the group of companies is ensured by the implementation of the Quality Standard ISO 9001:2000, the Environmental Standard ISO 14001:2004 and the Occupational Health and Safety Standard OHSAS18001:2007.
More information:
Dom Dargis
Development Director
Phone: +370 5 2514 253
Fax: +370 5 2514 256
Email: [email protected]
old.eika.lt