2016 in the real estate market: both buyers and developers will invest more carefully
2016.01.13The year of 2015 was very active for real estate developers in Vilnius, and expert forecasts about sales returning to the level of 2013 after the introduction of the euro proved not to be correct. Last year the company sold nearly 3450 new apartments, i.e. 18% more than in the previous year.
Read moreIn 2015, “EIKA” sold 37% more new apartments
2016.01.07“EIKA Group” sold 384 apartments of new construction in Vilnius during 2015. Compared to 2014, the sales of new apartments of the company increased by 37%.
Read moreInvestment with guaranteed 5% return
2015.10.28EIKA presents a market novelty – the real estate investment with a guaranteed 5% annual return.Those who intend to invest in real estate with a guaranteed return, should buy Eika’s new construction housing with full individual finish, and the company is committed to finding a tenant and ensuring 5 per cent annual return. If the rental income is lower than the guaranteed return, the company promises to compensate it.
Read moreEIKA to guarantee 5 per cent return to its clients
2015.10.28EIKA real estate development company offers a new investment alternative with guaranteed 5 per cent annual return.Investors not only can acquire real estate, but also receive guaranteed monthly income from the rental of the housing. According to the company representatives, this is a new business service for those looking for reliable investment opportunities and alternatives, and having savings.
Read moreSEB Bank provided a loan of nearly 50 million litas to Eika group of companies
2015.08.0611.1 million euro of the loan will be used for the implementation of Eika group real estate projects in Vilnius.The company has extended previous 38.2 million euro credits to fund its real estate.The total value of the deal signed between SEB bank and Eika of companies is 49.3 million euro.
Read moreEika launches the construction of a new 135 business centre
2015.07.21In Vilnius, after the demolition of a former ambulance station building, EIKA started to build a new business centre named 135.This will be one of the largest real estate development projects.The total area of the business centre and apartment complex will reach 15 thousand sq. m.
Read moreEika ranked first in the Baltic Property Awards in the category of residential construction
2015.05.26Santariškių namai project by UAB Eika became the winner in the Baltic Property Awards organised by Baltic Real Estate and Investment Forum
Read moreEika becomes the manager of Švitrigailos namai project
2015.05.04Real estate developer Eika signed a management contract for the Švitrigailos namai project. Eika will be responsible for the design, construction management and sale of the apartments. This is one of the first real estate transactions of this type in Lithuania.
Read moreEika to manage the new project in the Old Town of Vilnius
2015.05.04Real estate developer Eika officially launches the management of the new project Tiltas-12, based on the contract with SEB group company Litectus. It is the first project management contract in Lithuania entered into by the real estate development company and bank-owned asset management company. After signing the contract, in the near future Eika will begin to renovate and restore the building in the antique eclectic style of the end of the 19th century – beginning of the 20th century at Tilto Street in the historic Old Town of Vilnius.
Read moreEIKA sold 27 per cent more new apartments in 2014
2015.01.07In 2014 EIKA group sold 185 apartments of new construction in Vilnius and signed 105 preliminary contracts for the sale of housing. Compared with 2013, the company's sales of new apartments increased by 27%.
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