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The co-investment platform ROIX introduces a new real estate development investment project – inviting participation in the financing of a prestigious multifunctional quarter at Vytauto St. 15 in Žvėrynas, located on the first line by the Neris River. The project has already received exceptional confidence: in the first stage, reserved for existing investors, €2.5 million was raised in a short time. Now the opportunity to participate in this project is being opened to a wider circle of investors.
Investors are offered 7.25–8.5% annual interest, depending on the invested amount, with an investment period of 12 months, and the investment is secured by a primary real estate mortgage. ROIX aims to attract up to €5 million through the platform from a total €7.45 million syndicated financing package. The loan recipient is UAB “Wealthgrow”.
“This is another case where we have a unique situation in the market – financing one of Vilnius’s most anticipated prestigious real estate development projects, with the collateral being a primary mortgage on both existing buildings and a nearly one-hectare land plot owned in Žvėrynas on the first line by the river. Such projects occur perhaps once a decade,” says ROIX Director Gintaras Poderis.
Historic complex becomes a modern urban quarter
The project is being developed on nearly 1 hectare (0.98 ha) of land in one of Vilnius’s most attractive locations – Žvėrynas. This site previously housed the Children’s Development Hospital, and some of the buildings on the territory are protected cultural heritage values. In developing the project, the aim is to preserve the historic character of the ensemble and integrate it into a modern multifunctional quarter.
This territory is one of only a few in Žvėrynas where it is possible to develop a cohesive quarter rather than a single separate building. The project involves more than €30 million in investment, with planned residential, administrative, commercial, and educational functions.
Over the past several years, the main and most time-consuming project approval stages have been consistently implemented – the detailed plot plan was approved back in 2022, urban analysis was conducted, project proposals were prepared and publicly presented, and the project was coordinated with all approving institutions. The main parts of the technical project have also been prepared, and the majority of engineering network solutions have been agreed upon. Great attention has been paid to historical details in existing buildings, as well as to the architectural solutions of newly developed buildings, understanding the territory’s importance to Žvėrynas’s history and future. The project is currently in the final approval stage – final approvals are underway, and a construction permit is planned for Q2-Q3 2026.
The territory will see three cultural heritage buildings reconstructed and new buildings constructed, creating a cohesive territorial complex – a city within a city. The territory will feature spaces for guest houses, high-class offices, wellness centers, commerce, and luxury living spaces. Underground floors will provide 170 parking spaces, while total above-ground area will reach nearly 8,700 sq. m. The planned building layout concept on the territory will allow enjoyment of internal courtyard spaces as well.
The project follows a “city within a city” concept – creating a multifunctional complex that connects Vytauto Street with the Neris riverbank while maintaining privacy. Part of the complex plans to open a public space – a square from the Liubartas Bridge side, giving the local community an opportunity to meet, gather, and discuss both Žvėrynas and city matters.
Exceptionally low LTV and attractive risk-return ratio
According to Gintaras Poderis, the project features some of the most conservative debt indicators in the platform’s history.
“The loan-to-value ratio (LTV) in this project reaches 49% – even when attracting all the planned financing. This is significantly lower than the market-standard 70% indicators for this type of asset. The collateral value – nearly a hectare plot in Žvėrynas with existing buildings – exceeds €15 million according to independent valuation. The provided collateral would be sufficient to cover all financing and interest, and upon receiving a construction permit, the project value should increase even further,” he states.
In the prestigious part of Žvėrynas, supply remains extremely limited – new project volumes due to urban requirements are considerably smaller here than elsewhere in Vilnius, while existing housing prices on the secondary market reach €6,500–9,500 per sq. m.
“Although ROIX’s distinction is projects beyond the real estate world, we fight for projects that have their own concept, story, idea, and are simply too good to end up on a crowdfunding platform. This real estate project is exactly that,” emphasizes the ROIX Director.
ROIX has assigned this project a risk group A rating and a score of 8.6 according to the platform’s methodology. ROIX team members will also invest in the project.
Clear investment realization scenario
This financing stage is being executed at an already advanced project stage – when main planning work has been completed and the construction permit is approaching. This situation allows for a clearer definition of possible investment return scenarios.
Upon receiving a construction permit, the project can be refinanced at a bank or sold to another developer, thus ensuring investor settlement. This structure allows investors to participate in the project at an advanced stage without assuming risks typical of the construction phase.
“Evaluating the project stage, collateral value, and market situation, we see a clear investment realization path that allows avoiding some risks typical of earlier development stages,” says G. Poderis.
ROIX – a successful start and a proven model
ROIX, licensed by the Bank of Lithuania to operate in EU countries, is the first crowdfunding platform in Lithuania created by institutional debt investors. The platform’s reliability is demonstrated by previously successful projects: financing the acquisition of “EKSMA Optics” shares; financing the consolidation transaction of “Reiz Tech” and “CREDITONLINE”; the mortgage-backed “reefo” project; and financing PMC Training Group—a group of adult education and edtech companies. All projects attracted strong investor interest and were implemented quickly.
The platform is developed by UAB ROIX, whose shareholders also include “Nter Asset Management” partners Benas Poderis and Mantas Skipitis.
This article is for informational purposes only and should not be considered investment or financial advice or an offer to invest. Investing always involves the risk of losing part or all of the invested capital. Before making any investment decisions, we recommend consulting a licensed financial advisor.
