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What is worth negotiating when renting an office today?
[caption id="attachment_69024" align="aligncenter" width="2560"] Ugnė Liaudanskienė, Office Leasing Manager at Ober-Haus[/caption] The large supply of new office space in Vilnius keeps rental prices stable, but also encourages more active negotiations between the parties. However, in long-term lease relationships, the most important thing is to balance mutual interests. Especially as the practical value is often determined not only by the price, but also by other aspects of the contract, such as flexibility, terms or additional conditions. In the office market, it has been said for some time now that the scales of power are tipping towards the tenant. Last year, base rents in Class A and B business centres rose by around 2%. Currently, monthly rents in Class A business centres are up to EUR 16-20/sqm, in new, exclusive projects they are as high as EUR 21-23/sqm, and in Class B business centres the prevailing rents are EUR 10-15/sqm. In 2025-2026, more than 100 thousand sqm of usable office space will reach the market. Despite the continuing economic growth, office rental growth is currently constrained by the large supply of vacant space, the ongoing transformation of tele-hybrid working, conservative business expectations and geopolitical reasons. The tenant's market would seem to be…
In 2025 developers built only half as much as buyers purchased
In 2025, the Lithuanian housing market was characterised by a particularly rapid increase in housing sales volumes in both the secondary and primary markets. According to the Ober-Haus review, a particularly rapid recovery was recorded in the primary market of large cities, where buyers were active in purchasing newly built apartments in completed and newly constructed buildings. Of all the apartments actually built and sold on the primary market, the capital city showed the greatest imbalance in 2025. According to Ober-Haus data, developers in Vilnius built 2,787 apartments for sale in apartment buildings in 2025, which was 8% more than in 2024. Meanwhile, over 5,700 apartments were sold on the primary market in Vilnius during the year, representing an increase of 82%. 'This means that developers actually built half as much as the recorded housing demand. Since the project planning and construction process is lengthy and often takes longer than planned, the rapid recovery of the market has left developers unable to meet demand," says Raimondas Reginis, Ober-Haus's market research manager for the Baltic countries. This situation is unfavourable for both buyers and developers. Buyers have limited choice and face rapidly rising prices, while developers are unable to fully exploit…
Sales of Dubysa Namai apartments in Ariogala have begun
The Dubysos Namai housing project in Ariogala is nearing completion. This five-storey residential building has been developed on a 0.75-hectare plot of land in the picturesque Dubysa Valley. This development will provide much-needed new housing for the town's real estate market, where supply has been extremely limited until now. Sales of the apartments have already begun, and prospective buyers can choose from a range of modern, well-designed homes. First-time homebuyer subsidies are available for young families. The development comprises 89 apartments, each with a storage room and parking space. The development will feature a children's playground, leisure areas, lighting and a gated entrance, creating a safe and comfortable environment for residents. Dubysos Namai offers two to four-room apartments ranging from 55 to 110 m² in size with partial finishing. The first phase of apartments has been completed and is ready for new residents to move in, while the second phase of construction is expected to be finished in Q4 of 2026. Almost all apartments have balconies and the option to install a fireplace, offering panoramic views of the Dubysa Valley. Many buyers are surprised that it is possible to install a fireplace in Dubysos Namai apartments. This is a rare…
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Vilniaus Džiazas
K. Vanagėlio str., Oldtown, Vilnius
This is a housing project, changing the access to the Old Town and harmoniously integrating into the historic center of Vilnius – just a few minutes to the Gates of Dawn, Barbakanas Hill. Exclusive apartments in Vilnius Old Town invite residents to discover the highest standards of living quality
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Gardino 22
Gardino str., Rasos, Vilnius
Created sustainably and with great respect for the environment, a small 15-apartment residential building is developed for those who want to feel a connection with nature. Spacious and rational apartment layouts, large balconies, and terraces will allow you to enjoy quality relaxation, forgetting about the daily chores and worries.
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eMarketCity
Eišiškių pl., Kirtimai , Vilnius
The online and wholesale shopping town eMarketCity is oriented towards medium and small businesses that are looking for warehouse, office, and commercial spaces in one place. In a 3.9 ha territory, 7 buildings are being developed, totaling over 20,000 m² of spaces that can be adapted to specific business needs.
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Liepų parko namai
J. Janonio str., Kačerginė
This is a project of two A++ class twin houses in the resort town of Kačerginė, in a quiet location in front of the Liepų Park. The project includes houses with an area of 147 m² with outdoor terraces and 4.2 a courtyards.
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Lithuania/Vilnius Real Estate Market Report 2025
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