Apželdinimas UAB
Sale date:
2006 year
Company activity:
Investment into real estate
Invested:
€0.87 million (2005)
Sales amount:
€5.1 million
In 2005 Invalda Group acquired the 100 % holding in Apzeldinimas UAB for EUR 0.87 million. The key asset of Apzeldinimas then was a plot of land of 9 ha in area in Kaunas. Invalda Group then planned the construction of residential and commercial premises of about 100.000 square meters in area. In 2006 shares of UAB Apzeldinimas were sold to another investor for EUR 5.1 million.