UAB “Kvartalas“ (hereinafter – the Company) publishes debt to total project cost ratio ended 30 September 2025. From the start of the project until 30 September 2025, EUR 54.6 million have been invested in the development of the business center "Sąvaržėlė". Total nominal value of issued bonds to finance the development reached EUR 30.1 million by 30 September 2025. Loan to cost (LTC) ratio as of 30 September 2025 was 42.98%. On behalf of the Company: Marius Žemaitis General Manager marius.zemaitis@lordslb.l ...

Core Points - The Company, UAB "Kvartalas", is engaged in real estate development and construction, with a focus on an office building project in Vilnius [1] - As of 30 June 2025, the Company has invested EUR 44.2 million in the development of the business center "Sąvaržėlė" [2] - The total nominal value of issued bonds for financing the development reached EUR 30.1 million by 30 June 2025 [2] - The Loan to Cost (LTC) ratio as of 30 June 2025 was 34.44% [2] - Marius Žemaitis was appointed as the new director of the Company on 1 August 2025 [2] - The Company distributed bonds with a nominal value of EUR 12 million on 1 April 2025 and EUR 10.1317 million on 20 June 2025 to finance the business center [4] - The business center "Sąvaržėlė" was reported to be 32% complete as of 22 April 2025 [4]

Core Viewpoint - The appointment of Marius Žemaitis as the new director of UAB "Kvartalas" is expected to enhance the development of the "Sąvaržėlė" business center in Vilnius due to his extensive experience in real estate [1][3]. Group 1: Company Overview - UAB "Kvartalas" is developing the "Sąvaržėlė" business center located on Konstitucijos Avenue in Vilnius [1]. - Marius Žemaitis has over fifteen years of experience in real estate fund management and development [2]. Group 2: Leadership and Experience - M. Žemaitis is a board member of UAB "Lords LB Asset Management," one of the largest investment management companies in Lithuania [2]. - He also manages the Lords LB Special Fund I Subfund A, which owns the "ARTERY" business center on Konstitucijos Avenue [2]. Group 3: Future Expectations - The company anticipates that M. Žemaitis' extensive experience and knowledge will significantly contribute to the development of the "Sąvaržėlė" business center [3].

UAB “Kvartalas“ (hereinafter – the Company) publishes debt to total project cost ratio ended 31 March 2025.From the start of the project until 31 March 2025, EUR 35.4 million have been invested in the development of the business center "Sąvaržėlė". Total nominal value of issued bonds to finance the development reached EUR 8 million by 31 March 2025. Loan to cost (LTC) ratio as of 31 March 2025 was 19.77%.On behalf of the Company:Ieva Antanaitytė-GenevičienėGeneral Managerieva.geneviciene@lordslb.lt Attachme ...