The consolidated assets of Capitalica Baltic Real Estate Fund I, managed by Capitalica Asset Management, an SBA Group company, increased by 6.6 per cent to 73.3 million euros in the first half of this
UAB Capitalica Baltic Real Estate Fund I: Capitalica Baltic Real Estate Fund earned a consolidated net profit of EUR 1 7 million last year finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
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Vilnius, Lietuva, 2021-04-30 08:35 CEST
According to audited unconsolidated data, Capitalica Baltic Real Estate Fund I,
a real estate (RE) fund managed by SBA Group company Capitalica Asset
Management, earned a net profit of EUR 1.88 million in 2020, assets grew by
21.2 percent - to EUR 34.3 million, the net value of assets increased by 6.8%
and reached EUR 29.6 million. Last year s COVID-19 pandemic caused a number of challenges for many
businesses in the world, including the segment of commercial real estate. By
reacting quickly to the situation and making the right decisions, we adapted to
new circumstances and ended the year profitably. The results show that our
Dec 17, 2020 Share now:
In search of new countries for development, Godel Technologies, a 18-year-old UK information technology company based in Minsk, Belarus, has approached Invest Lithuania. Within a few months of reconciling all investor needs, it has been decided to open an office in Vilnius in the business center 135 in Žalgirio street.
Godel Technologies, which has 6 development centres across Belarus, starting from 2002 and has been growing rapidly in recent years, has decided to expand to countries near Belarus this year. All divisions of the company currently employs over 1,200 people to develop unique software for customers across Europe.
“Belarus has, and will continue to be our primary development location. However, to enable Godel to continue scaling to the same level of quality that our clients have come to expect we have decided on four new geographical locations. Eastern Europe is home to many of Europe’s fastest-growing tech hubs, the locati