Summus Capital extends mandates of Supervisory Board members

The mandates of the current Supervisory Board will continue for the next three years, and Ulf Magnus Isaksson will join Summus Capital as an adviser to the Supervisory Board on the Polish real estate market.

The shareholder of Summus Capital OÜ, a real estate investment holding company has decided to extend the mandates of the current members of the Supervisory Board Boris Skvortsov, Renats Lokomets and Vykintas Misiunas for an additional three-year term. The mandates of the Supervisory Board members will be valid for three years, until 10th of March 2029.

The Chairman of the Supervisory Board of Summus Capital remains Boris Skvortsov, who is also the sole shareholder of the company. He has founded multiple real estate investment and development companies in Europe and is an active private investor in start-ups in Europe, the United States and Israel. Skvortsov holds a master’s degree in economics.

Renats Lokomets is a seasoned business strategist and corporate finance executive with extensive board-level experience across banking, venture capital, and the startup ecosystem. Among his current roles, he serves as Strategic Partner at Venture Faculty, Venture Partner at Raw Ventures, and Council Member at INDEXO.

Vykintas Misiunas previously served as head of the Capital Markets at SEB until 2007 and as a member of the board at KRS Group. He was fund manager in Lithuania at Lords LB Asset Management and in 2012, together with partners, established DAO FAMILY.

In addition, Ulf Magnus Isaksson (date of birth 14 July 1968) will advise Summus Capital’s Supervisory Board on the Polish real estate market. Ulf Magnus Isaksson is a Swedish entrepreneur and developer from Gothenburg with more than twenty years of experience in the Polish real estate market. He previously worked at Skanska and later served as CEO of Swede Center within the Inter IKEA Group, where he delivered projects in Warsaw, Kraków and the Tri-City area. His deep knowledge of and presence at the Polish real estate market will be valuable for the Supervisory Board.