Domas Jagminas

Lithuania’s DIY growth fuelled by competition and trust in the economy

Even though all Lithuanian real estate market segments showed growing numbers, DIY (Do It Yourself) shopping centers were especially successful. The main reason for the significant changes in this market segment was the arrival of a new market player and the established players’ reaction to the newcomer’s moves. Active DIY development also signifies the developers’ trust in the country’s economic situation, as well as the likelihood of international DIY giants paying attention to the Lithuanian market. […]