The second Telia Lietuva real estate auction was a success

2017 09 19


During the second Telia Lietuva real estate auction on 19 September organised by the international real estate consulting company Newsec eight real estate objects were sold for EUR 6.14 million (VAT excluded).


One of the most valuable real estate objects included into the auction, a total of 5 thousand square metres of administration buildings on T. Ševčenkos street 25 / Muitinės street 35, sold for EUR 4.34 million (VAT excluded).


During the auction part of an administrative building in Klaipėda (on Danės street) sold for EUR 600 thousand (VAT excluded), administrative premises in Klaipėda (H. Manto street) – for EUR 261 thousand (VAT excluded), administrative premises in Klaipėda (Liepojos street) – for EUR 39.6 thousand (VAT excluded) and in Kaunas (Laisvės ave.) – for EUR 900 thousand (VAT excluded).


The total number of objects offered during the auction was 42 real estate objects all over Lithuania. The total area of premises for sale was 22.5 thousand square meters and the initial real estate portfolio price exceeded EUR 11 million (VAT excluded).


During the first Telia Lietuva real estate auction, which was organised on 9 August this year, 20 percent of all real estate objects offered to the buyers were sold. Seven real estate objects were sold during the forward procurement and the total value of sold objects reached EUR 124 thousand (VAT excluded). Real estate objects in Biržai, Skuodas, Tauragė, Utena, Zarasai, Švenčionys, Molėtai and Šilutė municipalities were sold during the first auction.


In total, 18 real estate objects were sold during both auctions and the total value of objects sold exceeded EUR 6.26 million.


The international real estate consulting company Newsec also organises auctions for other companies, such as AB Lietuvos paštas, AB Televizijos ir radijo centras, UAB NT Valdos (Lietuvos energija group company).

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