Kaita Development bond issue of 4.5 million admitted to trading on the Nasdaq Baltic First North market

26.01.2026 VLN

Vilnius/Tallinn/Riga, Nasdaq Baltic Market, January 26, 2026 – Nasdaq (NDAQ) announces that it has admitted to trading on the Nasdaq Baltic First North market the bonds issued by the real estate development company Kaita Development, part of the Kaita Group.

Through a public bond offering, Kaita Development raised EUR 4.5 million. The nominal value of each bond is EUR 1,000, with an annual interest rate of 10.5%, paid semi‑annually. The bonds have a maturity of two years, with the redemption date set for 23 December 2027. The funds raised will be used for the development of the Off and Moods projects in Vilnius.

This is the second step for Kaita Group in the bond market: last September, bonds issued by another group company, Kaita Living, were listed on the Nasdaq Baltic First North market. In both cases, Orion Securities acted as the offering arranger, while the law firm TEGOS served as the transaction’s legal advisor.

“This is the first bond admission to the Nasdaq Baltic market lists via Nasdaq Vilnius this year. We are pleased to start the market year with an active local real estate developer. Today, with symbolic bell‑ringing, we congratulate Kaita Group as it strengthens its reputation as a participant in the capital markets,” says Gediminas Varnas, President of Nasdaq Vilnius.

“Our activities in both Lithuania and Europe are based on collaboration: we ensure growth and high‑quality projects by attracting investment. Long‑term experience in the real estate market, sustainable development, and leadership in residential sales in Vilnius allow us to attract both retail and institutional investors. This trust motivates us to continue consistent growth and create long‑term value,” says Dainius Karpičius, CEO of Kaita Development.

About Kaita Group

Kaita Group is one of the largest real estate development companies in Lithuania, having completed 26 real estate projects in the country. In the rental housing segment, the group manages the largest rental housing portfolio in Lithuania: more than 550 units locally and nearly 1,000 units across Europe. In the capital city, Kaita Group is developing residential projects Moods, Newton, and OFF, which together include 685 planned apartments.

In addition to its projects in Vilnius, the group also owns the Youston rental properties in Prague and central Riga. This year, Kaita Group will complete the conversion of a historic hospital into community‑focused residential spaces in London’s Tower Hamlets district, located near the iconic Tower Bridge and the City of London — one of the most sought‑after central locations.

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Nasdaq Baltic represents the common offering of the Nasdaq Tallinn, Nasdaq Riga, Nasdaq Vilnius securities exchanges as well as Nasdaq CSD. Read more: nasdaqbaltic.com