Lithome business review 2019 and plans for 2020

Lithome is
one of PeerBerry business partners with 5% of share in loans, listed on PeerBerry
platform.

The company
has been successfully developing real estate projects in Vilnius, Lithuania for
9 years. More than 700 happy families have already settled in new homes, built
by Lithome. Over 9 years, Lithome has developed different real estate projects
which living space amounts 41,000m2. The value of developed projects is worth
55 million Eur. Lithome is one of TOP 10 largest and
most reliable residential real estate developers in Vilnius.

The year
2019 was very successful for the companies of Lithome. Lithome fully completed the
construction and sold all apartments of project “Visinoriai
(address: M.Sleževičiaus str. 14th, Vilnius, Lithuania), just 5 flats unsold left of the apartment building project “N-Garden” (address:
Naugarduko str. 50B, Vilnius, Lithuania).

Office and
apartment complex “Platinum48” (address: Antakalnio str. 48a,
Vilnius, Lithuania) is currently under construction. The construction
completeness at this moment is 70 %. Currently over 80 % of the building area
has been sold. The construction completeness of another apartment building –
residential house “Pylimėliu38“ (address: Pylimėlių St. 38,
Vilnius, Lithuania) is 50 %.

During last year Lithome
has sold over 140 flats in Vilnius for more than 9 million Eur.

In 2019
Lithome fulfilled its obligations to investors, who invested in Lithome loans
on PeerBerry and repaid almost 900 000 Eur.

In the Q1 2020,
Lithome has begun construction of a new apartment project on Taikos avenue (address:
Taikos str. 157B, Vilnius, Lithuania). During the first 2 months of the project
30 % of the apartments have already been sold.

The value
of Lithome projects, which currently are under development exceeds 10 million
Eur.

In 2020 Lithome plans to launch 3 new residential projects in Vilnius (200 apartments). Estimated investment – 12 million Eur.
More information about Lithome company and its projects.

Some of the most recent Lithome projects:

Project Platinum 48
Project Taikos avenue
Project Visinoriai
Project Pylimeliu 38

The post Lithome business review 2019 and plans for 2020 appeared first on Peerberry.

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