An industrial-administrative complex in a strategic location in Vilnius has been sold
An industrial-administrative complex located on Titnago Street in the western part of Vilnius was sold for almost 2 million euros through Ober-Haus. The 3,600 m² facility was acquired by Almeca UAB, a window manufacturing company. The new owner has adapted the facility for its own use, and production is now underway.
“Despite the somewhat sluggish commercial real estate market in recent years, this complex has attracted a lot of interest — it has been actively evaluated by companies from various sectors looking for space for production, warehousing, or mixed use. Titnago Street is conveniently located in terms of transport and logistics, which is why this type of property remains attractive,” says Remigijus Valickas, Manager of Commercial Real Estate Projects at Ober-Haus.
According to Mr Valickas, the market has recently seen interest in properties that can be quickly adapted to individual operational needs, particularly in the manufacturing, logistics, and service sectors. Although such properties require investment in renovation, they offer businesses more flexibility and the opportunity to start operations more quickly.
“We are seeing a growing number of capital-accumulating companies in Lithuania, and this transaction is a good example of that. Being part of this growth is an important commitment for us and motivates us to continue,” adds R. Valickas.
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A new housing project Pašilaičių SOLO has been launched in the northern part of the Pašilaičiai
Construction has started on a new residential project called Pašilaičių SOLO in the northern part of Pašilaičiai in Vilnius. This five-storey apartment building, which has only 40 apartments, is distinguished by its cosy atmosphere, well-designed dwellings, and extremely convenient city location. This project is ideal for those looking for a comfortable, quiet city life. The smaller population, highest energy class A++ rating, underfloor heating and tidy surroundings create the feeling of a sustainable, quality home. Every detail has been considered to ensure the comfort of modern residents, from the home's layout to the provision of everyday conveniences," says Marius Čiulada, the project's Sales Manager. Buyers can choose from one- to four-room apartments (from 31 to 77 m²), all of which have balconies or terraces. The apartments are sold with partial finishing, but buyers also have the option of full finishing. Underground and surface parking spaces are planned for cars and electric vehicles, as well as storage facilities. The courtyard will feature a seating area and a children's playground. The Pašilaičių SOLO project is being implemented by UAB Hiltus, an experienced general contracting company that ensures quality and durable solutions at every stage of construction. The Ober-Haus team is responsible for…
An industrial-administrative complex in a strategic location in Vilnius has been sold
An industrial-administrative complex located on Titnago Street in the western part of Vilnius was sold for almost 2 million euros through Ober-Haus. The 3,600 m² facility was acquired by Almeca UAB, a window manufacturing company. The new owner has adapted the facility for its own use, and production is now underway. "Despite the somewhat sluggish commercial real estate market in recent years, this complex has attracted a lot of interest — it has been actively evaluated by companies from various sectors looking for space for production, warehousing, or mixed use. Titnago Street is conveniently located in terms of transport and logistics, which is why this type of property remains attractive," says Remigijus Valickas, Manager of Commercial Real Estate Projects at Ober-Haus. According to Mr Valickas, the market has recently seen interest in properties that can be quickly adapted to individual operational needs, particularly in the manufacturing, logistics, and service sectors. Although such properties require investment in renovation, they offer businesses more flexibility and the opportunity to start operations more quickly. "We are seeing a growing number of capital-accumulating companies in Lithuania, and this transaction is a good example of that. Being part of this growth is an important commitment for…
Ober-Haus: 2025 — achieving double-digit growth and gaining momentum in the recovery of the market
In 2024, Ober-Haus generated a turnover of EUR 5.4 million (excluding VAT) in Lithuania. Although market activity last year was more subdued than anticipated, the company began the year with one of its best ever results. This growth was driven by the recovery of the residential and commercial property markets, which began in early spring and has continued to this day. "2024 was a year of moderate growth. The real estate market was rather sluggish in the first half of the year, with economic and geopolitical uncertainty leading to cautious behaviour among buyers and real estate professionals. The market only started to pick up speed in early autumn. We ended last year and started this year at that speed — with double-digit growth. For example, after closing in May this year, we saw growth of around 50% in the home sales segment", says Audrius Šapoka, CEO of Ober-Haus Lithuania. In 2024, Ober-Haus provided 11,500 services in Lithuania. Last year, the company completed almost 1,000 residential and commercial property sales and 500 lease transactions. It also provided 10,000 property valuation reports and offered valuation expertise and advice to clients. "In terms of new housing projects, we are planning growth and will…
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