A preliminary contract is usually signed when buying a new dwelling directly from the developer or project manager. This contract contains more uncertainties than the main contract and is drawn up at a notary’s office. […]
Based on the preliminary data of analysts of Citus, a creative real estate projects’ development and placemaking company, 222 transactions were carried out in the primary housing market of Vilnius in June and 668 in […]
At the beginning of June, the European Central Bank announced a 25-basis point (0.25%) reduction in the Euribor base rate. Analysts at the creative real estate projects’ development and placemaking company Citus calculate that housing […]
In the first days of June in Vilnius, Sidaronių Street, beside one of the largest Buivydiškės ponds, creative real estate projects’ development and placemaking company Citus is starting project Ežero Takais by CITUS. The sales […]
Lately, even the housing market reviews have started from the perspective of the threat of war, as if that threat had just emerged and had become imminent. The consensus among experts in strategic communication, psychological […]
Some 699 Real Estate (RE) properties – this is the number of properties acquired by Russian citizens in Lithuania until the 15th of November this year. This figure is only a few dozen less than […]
The sales of the second month of summer continue to display a holiday season in the real estate sector: in Vilnius, 118 sales of new apartments and terraced houses were agreed, and in Kaunas – […]
The last month of spring offered some surprises on the real estate market. Buyers decided not to wait for the end of the war in Ukraine and in May, the sales volumes continued to grow […]
We are still at an early stage in what is happening in Europe, and the big effect is yet to come. However, certain things are already visible today. And, in my opinion, they will only […]
Pingin.Space, a Lithuanian startup offering the real estate market automation of a large part of routine commercial building management activities, is investing in Flanco, a startup offering smart management solutions for office spaces and specific […]
Over the last two years, the housing market in Lithuania has been marked by two “black swan” flights – events that analysts could not predict and data did not suggest. The first tide marked the […]
UAB Vingės logistika, a warehousing and cargo handling services company operating in Klaipėda FEZ, completed a warehouse expansion project in December. The project involved the construction of 8,000 sqm of new warehouse space, bringing the […]
The SBA Group’s philosophy and efforts to develop sustainable real estate projects with exceptional architecture to enrich Lithuania have been recognised. SBA Urban’s projects – the BLC business centre in Kaunas and the SBA Industrial […]
KS Holding, a Kesko Group company, has successfully completed its first investment by selling Ozols Centres in Riga to the Finnish Special Mutual Fund Titanium Baltic Real Estate. The anchor tenant of the 30 000 square […]
The pandemic that struck at the beginning of last year and the resultant demand for remote work sparked discussions on the future of office rent trends – what will they be like in the post-pandemic […]
COVID-19 continues its march – Europe is returning to restrictions and with them come the renewed economic forecasts. Northern European markets, Lithuania amongst them, have experienced a V-shaped economic recovery. Mindaugas Vanagas, founder of the […]
In 2008, with the onset of the financial crisis and tightening of lending rules by conventional banks, access to funding, in particular for entrepreneurs of small businesses and start-ups had become more difficult. It was […]
Lithuanians living in emigration are increasingly buying homes in their homeland not from borrowed money, but from what they earned and saved. The earlier fear of real estate brokers, of emigrants rather investing in homes […]
The share of higher-class housing purchases in Vilnius continues to grow. In the first five months of this year, nearly 2400 newly built apartments were sold in the Lithuanian capital, with one of every eight […]
A new apartment in a nice location in Vilnius is no longer a privilege affordable to people with a high level of income only. A two-person family earning an average salary in Vilnius can afford […]
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