Real estate investment company's bonds
The real estate management company KAITA Living, part of the Lithuanian real estate development group KAITA Group, which manages a rental project portfolio worth EUR 58 million in central Vilnius, is launching a public offering of a two-year bond issue. Investors are offered an 11.5% annual return.
During the initial tranche, the company aims to place up to EUR 2 million worth of bonds, with the possibility to increase the total amount to EUR 8 million.
KAITA Living manages co-living, co-working, and rental apartment projects in central Vilnius, operating with 95% occupancy for the past four years. Stable rental income enables predictable returns, regardless of short-term market cycles.
The raised funds will be used to partially refinance two bond issues issued in 2023.
| Tranche size | Maturity | Coupon rate | Coupon payment rate | Minimal investment sum | Distribution dates |
| 2 M EUR | 2 years | 11.5% | Semi-annual | 1 000 EUR | 23 June – 11 July, 2025 |
Investor call
June 26, 2 PM REGISTER
Key highlights
- 26 real estate projects completed in Vilnius
- One of the largest residential rental portfolios in Lithuania managed for 5 years – 553 units
- The company has been among the leading real estate developers in Lithuania for several consecutive years
- The bond issue is secured by a first-rank pledge of shares in two subsidiaries – UAB “Plėtojimo projektai” and UAB “Naujamiesčio NT”
- An additional first-rank pledge is provided on receivables from UAB “KAITA Group” in an amount of no less than EUR 8 million
- The managed co-living real estate portfolio exceeds EUR 58 million in value
- Co-living occupancy rates reach 95%
- Two projects are already operating in Vilnius, one in Prague, with new developments underway in Riga, London, and an additional one in Vilnius
How to invest?
Contact the financial brokerage company/bank handling your securities account for the submission of an investment order.
If you do not have an investment services agreement concluded with a financial intermediary, leave your contacts in the provided form and Orion investment consultant will contact you. Otherwise send us an email to: bonds@orion.lt
Related documents:
Investor presentation (EN) | Information document (EN) | Final Terms (EN)
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.
