Luminor provides EUR 17 million in financing for four commercial projects developed by companies managed by AB Tewox

Vilnius, Lithuania, Jan. 08, 2026 (GLOBE NEWSWIRE) --

Luminor Bank will provide up to EUR 16.98 million in financing for grocery store projects developed by companies managed by investment company AB Tewox in Vilnius, Klaipėda, Dituvos village in Klaipėda District, and for already completed retail park in Utena. The tenants of the properties in Vilnius, Dituva and Utena are stores of the IKI retail chain, while the Klaipėda project will be leased to Lidl. The total additional leasable area of the developed properties will amount to nearly 11,000 sq m.