• Attractive location: The project is being developed in the historical district of Panevėžys city, on Kranto Street, near the city center and the Nevėžis River, where there is active conversion of industrial buildings into lofts and mixed-use facilities.
• High buyer interest: Currently, 17 lofts and commercial premises have already been reserved, which amounts to about a quarter of the total saleable area.
• Experienced developer: The project owner and its group of companies have successfully implemented 11 258.42 m² of conversion projects in Šiauliai, Panevėžys, Marijampolė, and Vilnius over the past 5 years. All previous projects were successfully completed.

Interest rates by investment amount:
– From 100 EUR to 349 EUR – 9.00%
– From 350 EUR to 749 EUR – 9.25%
– From 750 EUR to 3 499 EUR – 9.50%
– From 3 500 EUR to 9 999 EUR – 9.75%
– From 10 000 EUR to 24 999 EUR – 10.00%
– From 25 000 EUR to 49 999 EUR – 10.30%
– From 50 000 EUR to 99 999 EUR – 10.60%
– From 100 000 EUR – 11.00%
Important: separate investments are not summed and cannot be combined.

About the Project:
The project owner, UAB Kauno plėtros projektai, is implementing a strategic residential and commercial real estate conversion project in Panevėžys – one of the most actively developing regional centers in Lithuania. The project involves the conversion of a former lighting factory, located in a prestigious area of the city – Kranto Street, near Senvagė – into a modern loft and commercial premises complex. The total project area is 3 707.54 m², and the saleable area is 3 368.75 m².

The project will be developed in two stages:

• Stage I: 41 lofts (average area ~55 m²), 13 commercial premises, and 17 storage units with individual entrances, high ceilings, and adapted energy solutions.
• Stage II: Simple renovation of ground floor premises (163.38 m²), creating garages or additional commercial spaces.

The property stands out for its unique combination of historic industrial architectural heritage and modern conversion solutions for both living and business purposes. Project completion currently stands at 66%, with 3 fully completed lofts serving as “showrooms” to attract potential buyers. 17 preliminary sale-purchase agreements have already been signed (about 24% of the total area).

Market potential:
The Panevėžys housing market has shown steady growth in recent years. In 2025, the average apartment price is about 1 100 – 1 150 EUR/m², with an annual growth rate of 6.7%. The loft segment in the city remains undeveloped, giving the project significant potential for long-term value growth and offering buyers a competitive acquisition price.

Loan information:
The funds raised at this stage will be used to refinance a loan from another credit institution and for project development. The loan will be repaid from the proceeds of the mortgaged property sale, which are expected to total 4 395 878 EUR, and interest to investors will be paid from advance payments and the company’s working capital.

Maximum financed amount: 2 100 000 EUR (Already raised 1,110,000 EUR). The project will be financed according to the current valuation of the mortgaged property until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation will be carried out, and further financing stages will only be announced if the set maximum LTV is not exceeded.

The amount required for refinancing is 1,300,000 EUR. The amount can be raised in stages, and interest for investors will be calculated from the period when the full required amount is raised.

We plan to raise the targeted amount within 7 days, with the possibility to extend up to 30 days if funds are not collected.