Located in the heart of Vilnius, in the Central Business District (CBD), the focus is on the construction of the “Hero” business center. Five bond issuance tranches have already been announced, raising over €40 million in the market. All collected funds are being invested in the project’s development.

The first two private tranches raised a total of €13.5 million. The third tranche, a public issuance, successfully attracted an additional €6 million in investments, as planned. The fourth tranche was particularly successful—initially set to raise €4 million, the amount was increased to €13.6 million due to high investor interest. During the fifth tranche distribution, bond demand again exceeded supply—this time by 1.5 times. Instead of the planned €5.5 million, a total of €7.36 million was raised.

In total, €112 million will be invested in the new business center, with “Realco” planning to borrow around 60% of this amount—up to €67 million—from the market.