New General Manager at Ober-Haus in Lithuania
On 2 May Audrius Šapoka took over as general manager of Ober-Haus in Lithuania from Remigijus Pleteras.
„I have been part of the Ober-Haus professional team for 14 years, and for the past 5 years I have had the honour and responsibility to head this wonderful team of specialists. Under my management, the turnover of the company has almost doubled and the number of teams has increased by several per cent. We focused on service quality, and consistent and well-thought-out development which helped ensure and maintain the position of leader in the market for many years. We devoted particular attention to team growth and reorganisation of a motivational system which helped contain employee turnover which in turn allowed the company to retain a strong position in the competitive environment,” Mr Pleteras, who headed Ober-Haus in Lithuania since 2014, said. Before that, the company was managed for 15 years by Vytas Zabilius, who was head of the company since its establishment in 1998.
“I am handing over to a strong, ambitious and outstanding leader who has accumulated firm knowledge and extensive experience in the field of real estate and who will make sure that the competitive advantage of the company remains sustainable. As regards myself, the time has come to take on new challenges and expand my knowledge with the Scandinavian real estate development company, Bonava by shaping the operations of the company in Lithuania virtually from scratch,” Mr Pleteras said.
The new general manager started working for Ober-Haus eight years ago. Since 2014, he has headed the company’s Residential Department. “I am delighted to have the opportunity to manage such a team of professionals as this one, and I accept it with a sense of responsibility. Just like before, we will take the road of a professional service provider which handles the most exhaustive information and provides expert insights and the most effective real estate operational solutions. We will strive for sustainable and long-term growth by concentrating our investment flows on human capital and organic development in the segments of valuation, brokerage, in particular, commercial real estate property and services,” Mr Šapoka noted.
Ober-Haus began its operations in Lithuania in 1998. The company has more than 140 real estate experts in its offices in Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Palanga and Druskininkai. In 2007, Ober-Haus joined the Finnish real estate market leader Realia Group. Ober-Haus, which is celebrating its 20th anniversary in Lithuania, reached a turnover of EUR 3.95 million excl. VAT in 2018.
Latest news

“e-market city” completes its second phase – the development of a modern “stock office” type shopping town continues
"e-market city", an online and wholesale shopping town located in a business-friendly location at the intersection of Eišiškių pl. and Geologų Street, is rapidly approaching the end of its second phase. The final construction works are currently underway and the first tenants of the new phase are preparing to move in as early as June-July. "The predominant floor areas of e-market city - ranging from 370 to 960 m² - are easily combinable and adaptable to a wide range of commercial activities. Existing and potential tenants appreciate the easy accessibility, high quality of construction and fitting-out, functional layout and solid neighbourhood, where well-known companies such as Assa Abloy, Dextera, Skuba, Skuba, Maidina, Šildymas plius, YE International, etc. are already located. The first phase is already 100% leased, while the second phase is still available - we invite you to get in touch", says Remigijus Valickas, Commercial Real Estate Projects Manager at Ober-Haus. The project is being developed in three phases on an area of 3.9 ha. The total area of the buildings will exceed 20,000 m² and the total investment in the project will amount to more than EUR 25 million. For more information about the project and leasing opportunities,…

The recovery of a very strong-looking housing market may slow down
The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.5% in March 2025. The annual apartment price growth in the biggest cities of Lithuania was 4.3% (a 4.1% increase was recorded in February 2025). In March 2025 apartment prices in Vilnius, Kaunas, Šiauliai and Panevėžys increased by 0.4%, 1.3%, 0.4% and 0.2%, respectively, with the average price per square meter reaching EUR 2,680 (+10 EUR/sqm), EUR 1,846 (+24 EUR/sqm), EUR 1,172 (+4 EUR/sqm) and EUR 1,149 (+2 EUR/sqm). In the same month, apartment prices in Klaipėda decreased by 0.1% and the average price per square meter dropped to EUR 1,752 (-2 Eur/sqm). In the past 12 months, the prices of apartments increased in all the biggest cities in the country: 3.3% in Vilnius, 5.6% in Kaunas, 5.4% in Klaipėda, 6.5% in Šiauliai and 6.4% in Panevėžys. "At the beginning of 2025, the country's housing market is showing impressive results. After a very strong growth in housing transactions in January and February this year, the increase in the number of transactions continued in March. According to the data of the State Enterprise…

Housing market has woken up, but no faster price growth yet
The Ober-Haus Lithuanian apartment price index (OHBI), which follows changes in apartment sale prices in the five biggest Lithuanian cities (Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys) increased by 0.4% in February 2025. The annual apartment price growth in the biggest cities of Lithuania was 4.1% (a 4.0% increase was recorded in January 2025). In February 2025 apartment prices in Vilnius, Kaunas, Klaipėda, Šiauliai and Panevėžys increased by 0.3%, 0.1%, 0.8%, 0.8% and 0.9%, respectively, with the average price per square meter reaching EUR 2,670 (+7 EUR/sqm), EUR 1,822 (+2 EUR/sqm), EUR 1,754 (+13 EUR/sqm), EUR 1,168 (+10 EUR/sqm) and EUR 1,147 (+10 EUR/sqm). In the past 12 months, the prices of apartments increased in all the biggest cities in the country: 3.2% in Vilnius, 4.1% in Kaunas, 6.2% in Klaipėda, 6.6% in Šiauliai and 6.7% in Panevėžys. ‘As predicted, a rapid annual growth in the number of housing transactions is recorded at the beginning of 2025. According to the data of the State Enterprise Centre of Registers, 40% more apartments were purchased in the country in January this year and 39% more in February this year than in the same month in 2024. It should be noted that in the…