The company L34 LT raised EUR 2 million through the bond issuance. The funds will be allocated to finance the development of the L34 business center.
The entire EUR 2 million bond issue was successfully distributed by the investment firm OSUM Securities.
L34 is a boutique-style business center located in the Žvėrynas neighbourhood of Vilnius. The three-story, 2,300-square-meter building will be situated in a picturesque area. The business center will consist of four separate segments.
Scheduled to open in September 2025, the business center was designed by the architectural studio Aketuri Architektai. The total investment value of the project is EUR 8.2 million.
“The L34 project is located in an attractive and familiar area of the city that remains unexplored in the office market. It is designed for comfortable work and offers unique opportunities for businesses. Each floor of the building will receive abundant natural light, and workspaces are planned right next to the windows. Light, transparent, and functional spaces will create an inspiring environment for everyday work,” says Norbertas Faktorovičius, CEO of Kenova.