Real Estate & Construction

A significant increase in the number of supermarkets, hypermarkets and shopping centres can be seen as a result of the growth in the economy and consumer spending power. Lithuania’s major advantage compared to other Baltic countries is related to the bigger number of cities over 100,000 inhabitants (5 cities). Rapid growth in the regions enables developers to plan modern supermarkets, hypermarkets and shopping centres outside the capital city Vilnius.

Lithuania’s real estate and construction sector:

• among the most developed European countries in terms of shopping centres per capita (165 q.m.);
• modern A and B class offices across the country;
• high potential for the development of economy accommodation and recreation (SPA) hotels as well as conference tourism facilities across  the whole country;

The biggest international exhibition on construction and renovation in the Baltic States, RESTA takes place annually in Lithuania’s capital Vilnius. Construction and renovation companies from a number of countries present the newest construction and renovation sector trends at RESTA.

Success stories: Re&Solution, HANNER, OBER-HAUS, Colliers International, EIKA and etc.

(PDF 7MB)

For more information on the sector please see the independent financial and real estate consultancy company’s Re&Solution website www.resolution.lt, www.statybininkai.lt and www.stat.gov.lt.