Secured 10% Yield Bonds Issued by One of Lithuania's Largest Real Estate Development Groups
KAITA LV LIVING SIA, a company of KAITA Group, one of Lithuania’s largest real estate development groups, operating in Vilnius, London, Prague and Riga, is offering secured two-year bonds with a fixed annual yield of 10%. The proceeds of the offering will be used to finance the Youston co-living project in central Riga, which currently operates at 95% occupancy. Over the next two years, the company plans to realise the €12.6 million project through the sale of individual apartments, with sales proceeds expected to serve as one of the primary sources for bond redemption.
The offering will run from 13 to 29 July, and the bonds will be listed on the Nasdaq First North alternative market. In the first stage, bonds with a total value of up to €2.8 million are being offered. Both retail and institutional investors across the Baltic States can invest from €1,000.
In the rental market, the Group manages the largest residential rental portfolio in Lithuania, comprising more than 550 rental units in Lithuania and nearly 1,000 across Europe.
Youston, a 174-apartment co-living development that opened in Riga last August, is Kaita Group’s first co-living project in the city. Following completion of the development phase, Bigbank refinanced the project, replacing the development loan with long-term operational financing. The transaction indicates that the bank now views the project as a stable asset generating predictable cash flows.
| Tranche size | Maturity | Annual interest rate | Coupon payment rate | Minimal investment amount | Distribution dates |
| EUR 2,8 million | 24 months | 10% | Quarterly | EUR 1,000 | 13 – 29 July 2026 |
Investment request
Key aspects of the issue
- One of Lithuania’s largest real estate development groups.
- Operations across four European markets.
- The largest residential rental portfolio in Lithuania and nearly 1,000 rental units across Europe.
- Stable 95% occupancy at the Riga project.
- Prime location in the heart of Riga.
- Independent valuation of €12.6 million.
- The bonds are secured by pledges over shares and assets.
- The project benefits from long-term bank financing.
- Project realisation planned by 2028.
How to invest?
To invest, leave your contact details in this form and an Orion Securities investment consultant will get in touch with you. You can also invest via the self-service platform or send an email to obligacijos@orion.lt.
If you already hold a securities account with another brokerage firm or bank, you can also submit your investment order through them.
Related documents:
Investor presentation | Information document | Final terms
Orion Securities recommends consulting with your financial advisor and evaluate all the risks associated with the financial instrument and/or other circumstances that are significant to you before making an investment decision.
Orion Securities receives a commission for distributing these securities.
