Volta SKAI OÜ, a subsidiary of Estonian real estate developer Endover, announced the launch of a public offering for a new series of mortgage bonds on Wednesday. The offering includes a base amount of 3.5 million euros, aimed at attracting investors looking for fixed income opportunities. The bonds will be secured by a first-ranking mortgage and promise an attractive annual yield of 8.5% to investors.

This move comes at a time when interest in real estate investments is increasing among both domestic and international investors. By providing a solid return margin, Volta SKAI OÜ aims to capture the interest of those looking for investment reliability and potential capital appreciation. The offering's structured nature, being tied to a well-secured asset class, adds to its appeal.

As the Estonian economy continues to evolve, such financial products could play a significant role in enhancing liquidity in the real estate market while allowing developers like Endover to secure necessary funding for their projects. This could ultimately boost local construction efforts and stimulate economic growth within the region, aligning with broader investment trends witnessed across Europe.