INVL Baltic Real Estate, a company investing into real estate, elected PricewaterhouseCoopers to audit financial statements of 2014. The payment for the audit services is set for not more than LT 10 000 (ten thousand litas), VAT is not included in this amount.
This was decided by the shareholders of INVl Baltic Real Estate. Danute Kadanaite, a lawyer at Legisperitus, and Tomas Bubinas, manager at Biotechpharma (independent member) were elected to the Audit Committee of INVL Baltic Farmland, AB.
Andrius Daukšas, a manager of INVL Baltic Real Estate, is elected to the Board of INVL Baltic Real Estate. He will replace Darius Šulnis, a former Member of the Board.
At the end of September 2014 consolidated equity capital of INVL Baltic Real Estate amounted to LTL 49.8 million, assets – LTL 136.1 million. The company has about 51.70 sq.m. of real estate space in Vilnius and Ryga.