Tomorrow is the Last Day to Subscribe for Liven Green Bonds

On Thursday afternoon at 4:00 PM, the public subscription period for Liven real estate developer's green bonds with 9% interest ends. Liven's bond issuance is a continuation of the company's bond issuance from last year. The bonds are planned to be listed on the Nasdaq Tallinn Stock Exchange Baltic Bond Market, and the emitters' first trading day is March 20 or a date close to it.

"The successful bond issuance conducted last year confirmed to us that investors believe in Liven and our mission, and encouraged us to continue with the bond program. The goal of this fundraising is also to finance Liven's existing development projects and, where possible, to grow the real estate portfolio, thereby creating conditions for new developments," explained Andero Laur, CEO of Liven AS.

Through the issuance, Liven intends to raise up to 4 million euros, but in case of oversubscription, Liven has the right to increase the offering amount up to 7 million euros. The nominal value of one bond is 1,000 euros and the redemption date of the bonds is March 19, 2029. The bonds have a fixed interest rate of 9.0% per annum and quarterly interest payments. The subscription period began on March 4 and ends on March 13 at 4:00 PM. The bonds are offered publicly only in Estonia. 

"Bond issuance enables Liven to use capital more flexibly both in developing projects that comply with existing green funding conditions and in acquiring new projects. The purchase and development of the Olemus project located in Nõmme, financed with funds raised last spring, is an excellent example of bond investors' contribution to value creation," emphasized Andero Laur.

At the beginning of 2025, Liven's development portfolio included 11 projects in various stages of development, which provide capacity for building over 1,400 new homes. Homes are being sold and built primarily in four of Liven's developments - Luuslang, Iseära, Regati, and Wohngarten Berlin, Germany. In total, Liven's development portfolio comprises approximately 114,000 m² of saleable space, with an estimated sales revenue of over 371 million euros.

In 2025, Liven forecasts increasing sales revenue by more than twofold to 55 million euros, and the projects in the development portfolio ensure stable development volume for the following years as well.

Liven AS was founded in 2014 and is a residential real estate developer operating primarily in Tallinn. Over the company's more than ten years of operation, more than 800 homes have been created and over 1,400 homes are in preparation. According to Kantar Emor's research on real estate brand recognition and reputation, Liven is Estonia's most reputable real estate developer.

Liven focuses on creating homes, and the company's strength and distinction lies in homes designed together with homeowners, well-thought-out planning, and the offering of site-specific furniture. Liven is valued by home buyers for its most attractive developments and is described as a stylish trendsetter with modern architecture.