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Real Estate

Next week, Lords LB will complete the acquisition of the Vilnius Central Post Office

BNS
in 2020 December 10 14:15
1 min. reading
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Investment company Lords LB Asset Management's fund plans to close 11,22 million shares next week. purchase transaction of the central post office building in Vilnius worth EUR. 

"Lords LB Baltic Fund IV" company Terseta, which distributed 8 mln. bond issue worth XNUMX euros, reported that the funds will be used for the purchase of the building, Lords LB Asset Management reported.

The company told BNS that it is not yet commenting on its plans for the purchased building until the deal is completed. She promised news maybe early next week. 

State-owned Lithuanian Post and "Lords LB Asset Management" fund signed a contract for 5,4 thousand sq. meters area of ​​the post office building purchase and sale was signed in September this year. 

Lithuania Post will allocate almost 24 million of the received funds. EUR worth for the logistics center in Vilnius, which was completed in June, and for the modernization of post offices. 

The building of the Vilnius Central Post Office is a work of two eras - the historicism-neo-renaissance of the 19th-20th centuries and the modernism of the second half of the 1969th century. During the reconstruction of the building in XNUMX, architects Algimantas and Vytautas Nasvyčiai preserved the historical facade, and created a new space inside, adapted to the function of the post office.

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