The real estate investment company INVL Baltic Real Estate bought back 21,011 of its own shares (0.26% of its authorized capital), paying the established maximum price of EUR 3 per share.
“The company undertook the repurchase of shares with the aim of optimizing its capital structure and ensuring long-term value for shareholders. It was also an opportunity for shareholders to sell all or some of their shares,” says Vytautas Bakšinskas, the real estate fund manager at INVL Asset Management, which manages INVL Baltic Real Estate.
The share buyback took place according to Dutch auction principles from 14 October to 20 October. The company planned to acquire a total of 73,000 shares (0.9% of its authorized capital). A sum of EUR 219,000 was allocated for repurchasing the shares from the remaining EUR 2.4 million in a reserve formed for that purpose.
The shareholders of INVL Baltic Real Estate, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, authorized the company to purchase its own shares and approved the terms for doing so in late April 2025.
About INVL Baltic Real Estate
INVL Baltic Real Estate owns real estate in Vilnius and Riga: office buildings in the Old Town of the Lithuanian capital on Vilniaus Street and in Šiaurės Miestelis, the Pramogų Bankas in the centre of Vilnius, and the 52 ha of land at the Dommo Logistics and Industrial Park by the juncture of highway A8 and the A5 Riga bypass road. The company’s properties had occupancies of 82% to 98% at the end of June 2025.
INVL Baltic Real Estate currently owns properties with a total area of 19,600 sq. m. The value of the real estate at the end of June 2025 was EUR 47.2 million.
Since its launch as a collective investment undertaking (on 22 December 2016), INVL Baltic Real Estate has been one of the Baltic real estate funds open to retail investors with the highest stable returns. Since 2016, INVL Baltic Real Estate has paid a total of EUR 2.38 in dividends per share to investors.
INVL Baltic Real Estate is a closed-ended investment company managed by INVL Asset Management, the leading alternative asset manager in the Baltics. It will operate as a closed-ended investment company until 2046, with the possibility of a 20-year extension.
About INVL Asset Management
INVL Asset Management is the leading Baltic alternative asset manager. We strive to deliver superior risk-adjusted returns to our investors while positively impacting our region’s economic development.
We are part of the Invalda INVL group with a track record spanning over 30 years. Our group manages or has under supervision more than EUR 2 billion of assets across multiple asset classes, including private equity, forests and agricultural land, renewable energy, real estate as well as private debt. Our scope of activities also includes family office services in Lithuania, Latvia, and Estonia, managing pension funds in Latvia, and investing in global third-party funds. For further information, visit www.invl.com/en/.
Important information
This is a marketing communication of an information nature, which is not and shall not be construed as an offer to purchase investment shares of a collective investment undertaking, an investment recommendation, or investment research, as it is not designed to take into account the investment objectives, financial situation, or needs of any individual investor.
When investing, the investors assume the risk associated with the investment. The value of investments can rise or fall, and an investor may receive less than the amount originally invested. Past investment results do not guarantee the same results or profitability in the future. Past performance is not a reliable indicator of future performance. Before making a decision to invest, potential investors should, on their own or with the help of investment advisers, assess the suitability of the investment for them along with the taxes and fees related to the investment, consider all the risks related to the investment, and carefully read the articles of association, prospectus and other documents of the respective collective investment undertaking.