INVL Baltic Real Estate - Other information

INVL Baltic Real Estate presents owned property

Vilnius, Lithuania, 2014-06-02 15:11 CEST (GLOBE NEWSWIRE) -- Real estate
investment company INVL Baltic Real Estate, whose shares will be listed on the
NASDAQ OMX Vilnius Stock Exchange since 4 June, presents its owned property and
future plans. 

Subsidiary companies of INVL Baltic Real Estate have invested in real estate in
Vilnius and Riga and manage about 52 thousand sq. m. of the real estate space.
IBC Business Center on Seimyniskiu street, business centers on Vilnius/Palanga
and Zygio streets, office and warehouse buildings on Kirtimu street are among
the objects managed in Vilnius. The company, together with partners, has
invested in logistics buildings near Riga (Latvia), 58 hectares of the area has
further development opportunities. "The objects managed by Group companies are in good locations, generate regular
cash flows. The main focus will be on increasing generated cash flow, and,
under economic logic, new investments will be made for restructuring of
objects, thus increasing their value, "- said Andrius Dauksas, Invalda LT
investment manager supervising real estate projects. 

The company's equity value would be LTL 49 million (EUR 14.2 million) at the
end of March 2014, the value of real estate assets, managed by the Group
companies - LTL 144 million (EUR 41.7 million). 

INVL Baltic Real Estate, separated from Invalda LT, intends to seek for a
closed-end investment company license and in its essence will become similar to
investment fund. Management of INVL Baltic Real Estate later will be
transferred to Invalda LT Investments, owned by Invalda LT. 

INVL Baltic Real Estate has issued a total of 7,044,365 shares, book value of
one share is LTL 6.96 (EUR 2.02). 

Presentation of INVL Baltic Real Estate is attached.


         The person authorized to provide additional information:
         Darius Sulnis
         Director
         Phone +370 5 279 0601
         Email: darius@invaldalt.com

Attachments:

Presentation of INVL Baltic Real Estate_02062014.pdf