• Construction progress: Construction of the Ristla Stockoffice is advancing steadily. The foundation is completed, metal frameworks established, wall and roof panels installed. 
• Experienced developer: The project owner has over 8 000 m² of experience in implementing similar projects.
• Planned leasing agreements: The first rental agreements are planned to be signed by the end of 2024.
• Flexibility and profitability: The project is designed to remain profitable even if construction costs increase, ensuring positive cash flow. This flexibility enhances the project's financial resilience.

Interest by investment amount:
– From 100 EUR to 249 EUR – 9.20%
– From 250 EUR to 699 EUR – 9.70%
– From 700 EUR to 1 999 EUR – 10.20%
– From 2 000 EUR to 4 999 EUR – 10.70%
– From 5 000 EUR – 11.20%
Important: investments made separately are not accumulated.

About the project:
The project owner is developing a commercial rental property called "Ristla Stockoffice". The project involves the development of a two-storey building for commercial activities with a total leasable area of 2 929.8 m², and business premises (including office space) ranging from 120 to 332 m². The target group for renting premises in the completed project is medium-sized manufacturing companies and/or investors. 

Project progress:
The project is progressing smoothly with the detailed plan, including the building permit, now in place. Essential groundwork has been completed, including communications infrastructure and asphalt roads. Construction officially commenced in July 2024, and the project is on track for timely completion. The funds raised in this phase will be used to continue further construction work. 

Loan Information:
Estimated monthly rental income: 25,000 EUR. The loan will be refinanced, long-term loan, in another credit institution. And the interest to investors will be paid from the operating income of the project owner.

Maximum planned project financing amount: EUR 1,500 000 (already raised EUR 641,800). Please note that the project, from the next stage, will be financed based on the LTC ratio. The LTC ratio (Loan-to-cost) indicates the ratio of the loan to the total project estimate. Project financing will be provided based on the submitted construction work acceptance acts, to the general contractor's account, not exceeding the maximum LTC of 70% and the maximum loan amount. A new property valuation will not be performed between financing stages, the decision to finance is made based on the approved Construction Supervisor's work acceptance act and proof of payment of the Client's equity.

We plan to collect the target amount within 7 days with the possibility to extend it to 30 days if the target is not reached.