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CORPORATE

Lithuanians spend more on housing than Latvians and Estonians

A survey shows that Lithuanians tend to spend more on homes than people in the other two Baltic countries. Forty-seven percent of Lithuanians prefer living in flats, 34% would choose to live in a cottage […]

Houses for sale
CORPORATE

Only one in five real estate brokers pass recently introduced certification

Only one in five candidates pass the test to become certified real estate brokers, a certification introduced in Lithuania in April. “In Lithuania, there is no legal regulation of the competencies needed to work as […]

Bucharest
CORPORATE

Lithuania’s Hanner plans €40m development in Romania

Lithuanian developer Hanner has acquired a piece of land in the Romanian capital, Bucharest, where the company plans to build offices and apartments worth €40 million, the company has said. Hanner acquired the former Grivita […]

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CORPORATE

New digital platform seeks to cut costs of apartment rent

A Lithuanian company has developed a digital house rent platform, saying it will help cut the costs of such transactions. “If the two parties sign a contract that involves a real estate agency, the total […]