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🇱🇹 Lithuania /Economy & Trade

Luminor provides €13.6 million for Kaunas housing development

From Delfi · () Lithuanian

Translated from Lithuanian and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency New plan
  • Luminor has allocated €13.6 million for the development of the Piliamiestis district in Kaunas.
  • The funding will support two apartment buildings being developed by YIT Lietuva and the EfTEN Capital fund.
  • The buildings on Brastos Street will contain 73 apartments and 13 commercial premises, with the first homes planned for completion in early 2027.

Luminor bank has provided €13.6 million for the expansion of the Piliamiestis district in Kaunas.

The money will fund two new apartment buildings on Brastos Street. YIT Lietuva and the EfTEN Capital fund are carrying out the project.

The buildings will contain 73 apartments and 13 commercial premises. The first homes are scheduled for completion in early 2027.

About this summary

Originally published by Delfi in Lithuanian. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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