Landmark Capital, the investments management and business development company, has, together with its partners, purchased Vakarų Vilniaus projektai UAB managing the trade building on Laisvės pr. 26 in Vilnius built in 2018.
“The real property management is one of the areas of operation of Landmark Capital. We carefully monitor the market and invest where we can ensure an optimal return on investment. The trade building on Laisvės alley is that type of object. Its convenient location and favourable rent conditions determined presence of the Baltics’ largest retail trade network store”, said Marijus Jarockis, the CEO of Landmark Capital.
The building with an area of 2,593 sq m has been rented for a period of ten years to Maxima Grupė UAB.
Landmark Capital is the investment management and business development company. Since 2014, the company has been investing its equity capital into acquisition of shares in the operating companies and companies being incorporated, or financing their activities or ongoing projects.
In Lithuania, Landmark Capital manages LMC Real Estate 1 UAB and Gariūnų ekologiniai projektai UAB real estate management companies, the TEC group of companies rendering engineering services and consultations, and Samogitia UAB leisure and entertainment enterprise. All the shares of Landmark Capital belong to the Estonian company Top Cap OÜ. The portfolio of investments managed by the company exceeds EUR 16.5 mln.