Demus Development VII Raises EUR 7.25 Million Through a Bond Offering
Vilnius/Tallinn/Riga, Nasdaq Baltic Market, August 28, 2026 – Nasdaq (NDAQ) announces the admission to trading of bonds issued by Demus Development VII, a fund managed by Demus Asset Management, on the Nasdaq Baltic First North Market via Nasdaq Vilnius.
A bond issue worth EUR 7.25 million was placed with investors across the Baltic States. The nominal value of one bond is EUR 1,000, and investors will receive 8% annual interest, paid quarterly. The bonds mature on April 29, 2028. The issue forms part of a EUR 18.6 million bond programme carried out under a prospectus. The capital raised will be used for the development and further financing of the Arti real estate project.
“This is the third bond issue by Demus Asset Management to be admitted to the Nasdaq Vilnius bond list, confirming the company’s continued confidence in the financing opportunities offered by the capital markets. The capital market is increasingly becoming an important source of funding for business growth and expansion, and the proceeds of this issue will contribute to the implementation of the company’s real estate projects and the further development of our cities,” says Gediminas Varnas, President of Nasdaq Vilnius.
“Returning to the capital markets with our third bond issue marks an important milestone for Demus Asset Management. Over the past five years, the assets under management of Demus Asset Management have increased fivefold, while our team has grown threefold. The admission of our bonds to exchange trading reflects the maturity we have achieved and confirms that we are growing sustainably, with a strong focus on quality and transparency. It also reflects investor confidence and our ongoing commitment to building a transparent and structured approach to real estate investing,” says Vilius Pažereckas, Fund Manager at Demus Asset Management.
The bond issue was arranged by Evernord, while the Certified Adviser is the law firm Ellex Valiunas.
About Demus Asset Management
Demus Asset Management is an investment fund management company operating since 2018. The company specializes in real estate development projects and manages assets worth more than EUR 450 million. Demus aims to make investing accessible to everyone, from beginners to professional investors.
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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
Media Contacts:
Egle Juskaite
Nasdaq Vilnius
Marketing and Communications Manager
egle.juskaite@nasdaq.com
+370 618 17811