10.5% Bond Offering from a Leading Real Estate Developer
KAITA Development, part of KAITA Group, one of the largest real estate development groups in Lithuania, is offering investors a two-year bond issuance with an annual yield of 10.5%.
Having successfully completed 26 real estate projects over the past eight years, KAITA Development is currently developing modern residential complexes in the Vilnius districts of Naujamiestis, Žirmūnai and Viršuliškės. The funds raised will be allocated to the development of the Off and Moods projects.
KAITA Group is among the top companies in Vilnius by the number of apartments sold this year. The group also manages the largest residential rental portfolio in Lithuania and operates in Riga, Prague and London.
Investors already backing KAITA Group projects include Hanner and the Areus group (active in the energy, pharmaceutical and real estate investment sectors).
Finance Residential Real Estate Development in Vilnius
| Issue size | Size of the first tranche | Maturity | Annual interest rate | Interest payment rate | Minimal investment amount | Subscription period |
| EUR 4.5 million, in two tranches | EUR 3 million, with possibility to increase | 24 months | 10.5% | Semi-annual | EUR 1,000 | 4–18 December 2025 |
Video Presentation for Investors
About the Issuer
KAITA Development is currently developing the €31 million Off residential complex and the €15.2 million Haivo complex in Naujamiestis; the €18.5 million Moods complex in Žirmūnai; and the €31.4 million Newton project in Viršuliškės.
In the first 10 months of this year alone, KAITA Group sold 200 apartments in Vilnius, making it one of the most popular choices among buyers for several months.
Key aspects of the issue
KAITA Group is one of the largest real estate development companies in Lithuania, having completed 26 real estate projects across the country. The company is currently developing and offering nearly 700 homes for new residents in Vilnius. In the rental market, the group operates the largest residential rental portfolio in Lithuania, more than 550 rental units locally and nearly 1,000 across Europe.
KAITA Group projects in Lithuania and across Europe attract experienced institutional investors and market leaders.
Vilnius’ housing market is highly active, and experts from the Bank of Lithuania forecast that demand for housing will continue to grow next year.
Collateral
- UAB Namų plėtros projektai, the company managing the Moods project, and UAB Miesto forma, which manages the Off project.
- Receivables from UAB Kaita International, with a total value of EUR 2.3 million.
How to invest?
Contact the financial brokerage company or bank in Estonia, Latvia or Lithuania that manages your securities account to submit an investment order (or submit via the self-service platform of the relevant bank).
If you do not have an investment services agreement concluded with a financial intermediary, send us an email to: obligacijos@orion.lt
Related documents:
Information Document | Final Terms
Orion Securities recommends to consult 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.
