Project update

Update from the originator:

Starting from 29.03. Bauskas development project is in the refinancing stage. This means another successful exit is approaching for the investors – as the project is ahead of schedule and the project will be repaid before its maturity day. The originator would like to congratulate everyone that took part in this project.

As of today, the project has been paying monthly interest without any delays. The originator expects the principal repayment to happen during the coming weeks. Also, It depends on the speed of the Latvian Notary to make this transaction.

Update from the developer:

• The roof works are prepared and waterproofing works are being prepared;
• The staircase from the parking lot to the rooftop exit is completely ready;
• Technical equipment of the elevator and the exit to the rooftop is completely ready;
• The formwork has been delivered;
• The blocks for masonry walls of the first floor has been imported and are ready to be used; 

New pictures of the progress have been added.

Update from the developer:

During the past month, the team of constructors built the 2nd floor and started work on the 3rd floor of the Bauskas residential complex. As of today, the project is 1,5 months ahead of the planned schedule which is considered a great sign.

New photos of the progress have been added.