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Invalda Nekilnojamojo Turto Valdymas UAB and Invalda Service UAB changed legal titles

On 18 October 2011 Invalda Nekilnojamojo Turto Valdymas UAB and Invalda Service UAB changed legal titles into Inreal Valdymas UAB (Inreal Management) and Inreal Pastatu Prieziura UAB (Inreal Building Maintenance), in this way they have finished the process of amalgamation of Inreal Group companies into INREAL trademark family.
 
„To change the titles was a logic and natural step, when changing the trademark“, – said Gediminas Pruskus, the Director of Inreal Management. According to the Manager of the company, the purpose of these changes is the association of INREAL name with quality and exclusiveness. “The best basis for these objectives is to state clearly and transparently, who we are, in order the customer knew with whom he is working and to what extent and quality services he may receive”, – said G. Pruskus.
 
After the changes of legal titles of companies all rights and obligations under valid contracts will remain. Only legal titles of companies are changed. Legal form, registration addresses, codes of legal entity, VAT payer‘s codes, the Registrar, account numbers remain the same.
 
“Changing the name and the trademark we seek for a non-single-day recognition, we are ready to fulfil all promises and to maintain our customers’ trust”, – stated Rimvydas Ramanauskas, the Director of Inreal Building Maintenance. According to him, new business segments will strengthen the opportunities of Inreal Group to develop activities. 
 
On 27 September 2011, the companies of Inreal Group: Inreal, Inreal Management (at that time Invalda Real Estate Management), Inreal GEO, and Inreal Building Maintenance (at that time Invalda Service) merged into the renewed trademark family INREAL. The shared group identity and single operation on the Internet is represented on the new website www.inreal.lt.
 
About the companies of the Inreal Group
Being among the largest Lithuanian companies in the sector, Inreal UAB provides a full range of real estate services: it valuates movable and immovable property and business, intermediates in buying, selling and renting real estate, prepares feasibility studies, advises on investments in real estate and on other real estate matters. The property valuation reports by Inreal UAB are recognised by Lithuanian banks and financial institutions. The offices operate in Vilnius, Kaunas, Klaipeda, Siauliai, Mazeikiai, Plunge and Alytus. In June 2008, Inreal joined the GVA Worldwide, the leading international network of commercial real estate companies.

Inreal Valdymas UAB (Inreal Management) operates since 1994 and currently is among the leading real estate companies in Lithuania. Its main activities include the development and management of real estate, the participation in financing and administration of the investment projects in real estate business, the management of the leasing processes, the representation of the owners of buildings, the coordination of the mediation processes in property sale or lease. At the end of 2010, the company managed approximately 100 facilities in Lithuania with a total area of about 180 thousand square meters and estimated value of about 400 million Litas.

Inreal GEO UAB was founded in 2011. It performs cadastral measurements of land parcels, buildings and engineering equipment, prepares topographic plans, forms and rearranges the parcels of land, prepares land management projects for rural development and provides other geodetic engineering services.

Inreal Pastatu Prieziura UAB (Inreal Building Maitenance), Priemiestis UAB and Jurita UAB constitute the facilities management sector of Inreal Group. The companies provide such services as: the economic management of buildings, the maintenance of engineering systems, auditing and elimination of breakdowns, air quality analysis in various premises, the management, installation and repair of apartment houses, and other services. The companies manage about 450 apartment houses, containing over 11 thousand apartments. The total area, maintained by the companies, is about 1 million square metres. Inreal Pastatu Prieziura UAB is certified to the ISO 9001 standard and meets its requirements for the quality management systems. Presently, an ISO 14001 standard-compliant environmental management system is being implemented as well as an occupational health and safety management system, which will meet the requirements of BS OHSAS 18001 standard.