October 13, 2025

Lithuania

TOKS Acquires Land from SIRIN Development for Largest Commercial Transport Service Center in Region

Intercity bus company TOKS has acquired a 42,000-square-meter territory and 6,000 square meters of commercial and administrative buildings in Vilnius from SIRIN Development.

Entrum Launches EUR 15 Million Bond-Issue Program

Baltic real estate company Entrum has launched a EUR 15 million bond-issue program, which saw its first tranche raise EUR 2.5 million from investors.

Nordspace Offers Bonds on Nasdaq First North

Nordspace has made a EUR 6 million bond offering, listed on the Nasdaq First North alternative market.

Agathum Enters Into Sale-and-Leaseback Agreement with Lithuanian Furniture Manufacturer in Plunge

The building acquired by Agathum was built in 2018, has an A+ energy efficiency class, and has geothermal heating.

Capitalica Asset Management Redeems Final Bond Issues of Capitalica Baltic Real Estate Fund I

Investment management company Capitalica Asset Management has redeemed two final bond issues of the Capitalica Baltic Real Estate Fund I.

EBRD Invests in Lithuanian Real Estate Developer RELEVEN

The EBRD investment will enable the development of residential and mixed-use projects in Vilnius, Lithuania

SEB Bank Extends Additional EUR 13 Million to Capitalica Asset Management

SEB Banks in Lithuania and Latvia have agreed to provide Capitalica Asset Management another round of financing

Akropolis Group Makes EUR 350 Million Green Note Issuance

The Akropolis Group has issued green notes with a total value of EUR 350 million, maturing in five years, and an annual coupon rate of 6.000%.

Maxima Extends Lease at Big Vilnius

Grocery retailer UAB Maxima LT has extended its lease at the Big Vilnius shopping center.

Andrius Barstys Back as CEO at Capitalica Asset Management

UAB Capitalica Asset Management is an investment management company licensed and supervised by the Bank of Lithuania.

Tewox Buys Two New Lidl Stores in Lithuania

Tewox’s acquisition was financed with a EUR 6.7 million loan from Luminor Bank.

BH Meraki Sells Vilnius Office Building to Groa Real Estate Opportunity Fund

BH Meraki UAB has sold the Meraki Business Home in Vilnius to the Groa Real Estate Opportunity Fund UAB, which is managed by Groa Capital.

EfTEN Capital Sells Kaunas Terminal Logistics Complex to PREF IV Fund

The PREF IV fund is managed by Prosperus Asset Management.

Technopolis Office Park Renamed Simbiocity Vilnius

On February 12, 2025, the Ozo office park in Vilnius formerly known as Technopolis was renamed Simbiocity Vilnius.

Sand Offices Business Center Open for Business in Vilnius

The Sand Offices business center, whch broke ground at the end of 2023, has opened its doors in the center of Vilnius.

Paval Holding and Apex Alliance Management Take Over Waldhaus Flims Wellness Resort in Switzerland

This acquisition marks the second investment for Paval Holding, following its 2023 purchase of the Grand Hotel Gardone in Italy

EIB Makes EUR 60 Million Increase in Multi-Apartment Buildings Renovation Financing in Lithuania

The European Investment Bank has made amendments to its pre-financing and contingent loan agreements with Siauliu Bankas.

Planktonas Acquires Zalgirio Verslo Centras Office Complex in Vilnius

Developer Planktonas has acquired the Zalgirio Verslo Centras office complex in the center of Vilnius.

EBRD and Swedbank Co-Finance SIRIN Development

The European Bank for Reconstruction and Development and Swedbank have co-financed the SIRIN Development warehouse park in Vilnius.

EfTEN Capital Provides Financing for Horizontai Project in Vilnius

EfTEN Capital has provided EUR 7.5 million in financing for Releven for the latter’s development of the Horizontai project in Vilnius.

EIB Helps Republic of Lithuania Establish EUR 100 Million Greener Housing Initiative

The European Investment Bank has partnered with the Republic of Lithuania to establish a EUR 100 million greener housing initiative.

EfTEN Real Estate Fund Launches Public Share Offering

EfTEN Real Estate Fund AS is holding a secondary public offering of an additional 1,000,000 shares to raise up to EUR 19 million to support new investment initiatives.

EfTEN Fund Obtains Excellent Label from GRESB for Sustainability

International-sustainable-investment-assessor GRESB has awarded both global and European excellence labels to EfTEN Real Estate Fund 4’s advancements in sustainability.

EfTEN Real Estate Fund Nine-Month Profit Reaches EUR 10 Million

EfTEN Real Estate Fund AS is reporting that its turnover in the first nine months of this year reached EUR 23.9 million.

EBRD Invests in EfTEN Special Opportunities Fund

The European Bank for Reconstruction and Development is supporting the EfTEN Special Opportunities Fund

Longo Group Acquires Real Estate in Lithuania.

The Longo Group has acquired a real estate complex in Panevezys, Lithuania.

Capitalica Asset Management to Expand Verde Complex in Riga

Lithuania’s Capitalica Asset Management has announced its plans to expand the complex by constructing several new Class A office buildings right next to it.

Eversheds Saladzius Expands Real Estate and Construction Team in Vilnius

Eversheds Saladzius has added Partner Deivis Valiulis, Senior Associates Raminta Vilcinskaite and Ruta Brazauskiene, Associate Marius Choniakovas, and Lawyer Dominyka Burneikaite to its Real Estate and Construction practice.

EfTEN Real Estate Fund 5 Acquires UNA Retail Park in Vilnius from VPH

EfTEN Real Estate Fund 5, managed by EfTEN Capital, has acquired the newly completed UNA retail park at Dangerucio 1 in Vilnius from VPH

EfTEN Real Estate Fund Considers New Share Offering in Baltics

The management board of EfTEN Real Estate Fund AS has presented a proposal for issuing new shares to the company’s supervisory board for the purpose of financing new acquisitions.