Company “Kenova Asset management” is making plans to receive a construction permit to develop a new residential quarter in Žirmūnai, Verkių St. 39. Investments in this project shall reach 35 million euros.
Company “Kenova Asset Management” will develop a new office and apartment complex on Algirdo Street in Naujamiestis. The construction work is set to begin in the second half in 2019 with investments amounting to 20 million Euros.
The Bank of Lithuania has granted the licence of a management company to this new player concerned with investment into real estate – “Kenova asset management”, UAB. In the fourth quarter of this year, the company intends to start with more than one specialized fund, which is meant for informed investors.