"Vingis" cinema building was financed by "Citadele"
“Citadele” bank has started cooperation with “Reverest Fund Management”, a management company for collective investment entities intended for informed investors, which manages “Reverest Baltic Opportunity Fund”, “Reverest Fund I” and other funds investing in real estate. The bank financed the largest cinema complex in Lithuania – “Forum Cinemas Vingis”.
“By providing financing, we aim to contribute to sustainable, long-term value-creating projects. The development of the center of Vilnius is moving rapidly, the city is becoming more and more modern and attractive not only to residents, but also to tourists, and business is purposefully developing it. Our responsibility remains to help these changes happen. We believe that this cooperation will help to create even more added value, increasing the attractiveness of the city of Vilnius”, – Vaidas Žagūnis, Citadele Member of the Management Board, Chief Corporate Commercial Officer.
“We are pleased to start cooperation with Citadale bank, with the help of which we will be able to continue developing the project effectively. It is important for us that our mission to create added value for the city and our investors is significant for our partners as well, so we are happy that Citadele also follows the principles of sustainable operations and cares about long-term investments in the quality of life in Vilnius and the harmonious development of the city,” says Justinas Galginaitis, representative of “Reverest Fund Management”.
"Vingis" cinema building was financed by "Citadele"
“Citadele” bank has started cooperation with “Reverest Fund Management”, a management company for collective investment entities intended for informed investors, which manages “Reverest Baltic Opportunity Fund”, “Reverest Fund I” and other funds investing in real estate. The bank financed the largest cinema complex in Lithuania – “Forum Cinemas Vingis”.
“By providing financing, we aim to contribute to sustainable, long-term value-creating projects. The development of the center of Vilnius is moving rapidly, the city is becoming more and more modern and attractive not only to residents, but also to tourists, and business is purposefully developing it. Our responsibility remains to help these changes happen. We believe that this cooperation will help to create even more added value, increasing the attractiveness of the city of Vilnius”, – Vaidas Žagūnis, Citadele Member of the Management Board, Chief Corporate Commercial Officer.
We are pleased to start cooperation with Citadale bank, with the help of which we will be able to continue developing the project effectively. It is important for us that our mission to create added value for the city and our investors is significant for our partners as well, so we are happy that Citadele also follows the principles of sustainable operations and cares about long-term investments in the quality of life in Vilnius and the harmonious development of the city,” says Justinas Galginaitis, representative of “Reverest Fund Management”.
Reverest Fund Management strengthens the management team
Rasa Liaučiuvienė, who has many years of experience as a legal manager in major Lithuanian real estate and industrial companies, joins the team of shareholders and managers of the investment management company Reverest Fund Management.
For the past 10 years, Liaučiuvienė has worked in the SBA group, where she held the position of legal manager of the group, and was a member of the supervisory board of AB “Kauno baldai”, AB “Klaipėdos baldai” and AB “Šilutės baldai”. Previously, R. Liaučiuvienė worked in one of the largest construction and real estate development companies, YIT Lietuva.
The managers of Reverest Fund Management set ambitious development goals for the management company and aim to rapidly increase the number of investment projects and the size of the company’s managed capital. R. Liaučiuvienė’s work experience in the management bodies of large companies, her expertise in the field of risk management, real estate development, transaction law and regulation of management companies will strengthen the implementation of the company’s development goals.
“I am happy to join a strong team of professionals and I believe that my long-term work experience and specific knowledge of transactions and regulatory law will contribute to the smooth growth of the management company,” says Rasa Liaučiuvienė, shareholder and board member of Reverest Fund Management.