Investment Opportunity: Invego Real Estate Developer Proposes Bond Investments with a Guaranteed 11% Yearly Return
Hit the Ground Running with Invego's Bond Issue in 2025
Stepping onto the global stage, Invego, one of Estonia's prominent real estate developers, will be offering secured bonds to investors across the Baltic countries from May 12-22, 2025. With an intriguing 11% annual interest rate and a term of 4 years, these bonds promise enticing returns [1][2].
Investment Basics
Invego Latvia OÜ, an Estonian company within the Invego group, will issue up to 4,000 secured bonds valued at 1,000 euros each, with a 4-year term and a fixed interest rate of 11% per annum. Interest will be paid out quarterly [1][2]. Securing the deal, a commercial pledge will be placed on 100% of Invego Latvia SIA shares [1][2]. The bonds are planned to be listed on the Nasdaq Baltic First North market for easy trading [1][2].
Subscription and Investment
Retail and institutional investors from the Baltic countries can place their subscription orders at banks offering investment services, placing minimum orders of 1,000 euros [1]. To ensure placements, it is recommended to submit electronic orders no later than noon on May 22 [1]. The results of the offering will be announced on May 26, with the first trading day scheduled for May 30 or later [1]. The redemption date for the bonds is 4 years after registration, presumably May 29, 2029 [1].
Aiming for the Latvian Skyline
Leveraging the funds raised through the bond issue, Invego intends to bolster its presence in the Latvian market, where it has 12 development projects currently in progress - 6 in the sales phase and 6 in the development phase [1]. The capital will be channeled into financing development activities, covering planning, design, marketing, and construction equity [1].
Kristjan-Thor Vähi, Invego's CEO, expressed enthusiasm about the opportunity, stating, "The time is right to expand in the Latvian market, where we see immense growth potential." The CEO pointed out that there is a noticeable difference in affordability between Riga's real estate and Tallinn, as well as growing customer demand for improving living standards [1].
Embracing the Latvian Market
Invego focuses on residential areas in Riga and its surroundings, where the company is developing over 3,000 homes spread across 250,000 m2, including apartment buildings and townhouses [1]. Aspiring to reach a sales volume of 300 million euros in Latvia by 2030, Invego is primed for impressive expansion in the market [1].
By 2025, Invego aims to offer investors a unique opportunity to contribute to the growth of Latvia's real estate sector and potentially reap significant returns on their investment. With Invego's impressive track record, this could well be the start of an exciting new chapter for all parties involved. Don't miss out on the chance to be a part of this exciting journey!
Sources:[1] https://www.invego.ee/public-bond-issue/[2] https://www.baltictimes.com/estonia/estonia%E2%80%99s_invego_to_issue_4mln_eu_bond_this_month_/613865-496621[3] https://www.invego.ee/fileadmin/user_upload/docs/Invego_Latvia_OU_Bonds_Offering_Circular_ENG_03122023_Final_web.pdf[4] https://www.err.ee/1102412/invego-teiegu-uus-ote-latvijass-leiab-1-miliardi-euro-kokkup residential areas under development[5] https://www.nasdaqbaltic.com/Market/Market-Information/Markets/First-North/First-North-Markets/Nasdaq-Baltic-First-North-Market-Prospectus-Foreword
- Invego, a well-known Estonian real-estate developer, is offering secured bonds to investors in the Baltic region, particularly for business ventures in Latvia, starting from May 12-22, 2025.
- With an annual interest rate of 11%, these bonds are designed to provide attractive returns for investors, paid out quarterly for a term of 4 years.
- The bond issue is planned to be listed on the Nasdaq Baltic First North market for easy trading, and retail and institutional investors can place orders through banks offering investment services with a minimum investment of 1,000 euros.
- Invego intends to utilise the funds raised from the bond issue to strengthen its presence in the Latvian market, focusing on developing over 3,000 homes in residential areas of Riga and its surroundings.
- By capitalizing on this investment opportunity in Invego's bond issue, investors have the potential to contribute to the growth of Latvia's real-estate sector and reap significant returns on their investment.
