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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