This business centre is located at one of the busiest spots in the Vilnius Old Town, between Vilniaus, Pamėnkalnio, Islandijos and Palangos streets. The Old Town is one of the most important parts of Vilnius and an integral part of the city centre on the left bank of the Neris River. Property in the Old Town is preserved and managed under special heritage protection rules; small business and residential use are supported. The territory is enclosed, with a guarded car park and underground garage as well as convenient access to public transport. Nearby are Radvila Palace, Vilnius Teachers House, the Lithuanian Technical Library, St. Catherine’s Church and other cultural sites as well as cafes and restaurants.
Main data:
Total area – 10,000 sq. m.
Leasable area – 6,900 sq. m.
Size of land plot – 0.49 ha
Market value of property, at the end of September 2024 – EUR 17.7 million
Occupancy, at the end of September 2024 – 90 percent
Principal tenants: Talent Garden Vilnius, TransferGo, Telia LT, Uncle Sam’s.
Address Palangos St. 4/Vilniaus St. 33, Vilnius.
Ownership – INVL Baltic Real Estate
This is a renovated yellow-brick office building with authentic 19th-century architecture that’s been fully adapted for modern office functionality. The building is in Šiaurės Miestelis – a strategically attractive busy part of Vilnius that’s easy to access both by car and by public transport.
Nearby are shopping centres, business centres, banks, the State Tax Inspectorate, the State Social Insurance Fund Board, the Labour Exchange, medical clinics and a variety of service providers that attract large flows of people. There are four shopping centres nearby: Domus Galerija, Parkas, Hyper Rimi and Banginis-Senukai. The distance to the city centre of Vilnius is 3.5 km. There is a 70-space enclosed car park alongside the building.
Main data:
Total area – 3,300 sq. m.
Leasable area – 2,900 sq. m.
Size of land plot – 0.4 ha
Market value of property, at the end of September 2024 – EUR 4.0 million
Occupancy, at the end of September 2024 – 100 percent
Principal tenants: School Žirniukas, Innoforce.
Address Žygio St. 97, Vilnius.
Ownership – INVL Baltic Real Estate
The building is located in a prestigious part of Vilnius, in Old Town. It is one of the most important components of the city and its centre, located on the left bank of the Neris river. The property is positioned near Gediminas Avenue, which is considered the most prestigious street in Vilnius. The building’s environment is dominated by older buildings of city centre-specific architecture, with various
commercial premises, hotels, numerous cafes, restaurants, and other attractions.
Currently, the café which is located in the building is rented, however other premises of the building are not rented and a reconstruction project is in the process of being prepared for it. Once this project is implemented, the building will be adapted to commercial and catering activities.
Main data:
Gross floor area – 2,000 sq. m.
Leasable area – 0 sq. m.*
Size of land plot – 0.16 ha
Market value of property, at the end of September 2024 – EUR 9.3 mln.
Occupancy, at the end of September 2024 – 0 percent*
Address Vilniaus Str. 37, Vilnius
Manager – Special closed-type real estate investment company INVL Baltic Real Estate
*The building is being reconstructed.
The building is located in a desirable and convenient location in Vilnius, i.e. at the crossroads of Naujamiestis (New Town) and Senamiestis (Old Town) districts. It is about 200 metres away from the commercially highly desirable Gediminas Avenue, which attracts large pedestrian traffic and is home to many commercial facilities. The building is a cultural heritage site and used to house the Pergalės Cinema. The cinema was built in 1951 to a standard design refined by Giovanni Ripa-Angioletto, with a spacious neo-classical interior. The underground parking and the adjacent car park have a total of 50 parking spaces, which is a significant number in the central part of Vilnius. The company acquired the building in June 2023. It is currently home to the Nesė Casino and other commercial activities. The company has started to prepare a renovation project for the building in order to best meet the needs of potential tenants in the future.
Main data:
Total area – 4,100 sq. m.
Leasable area – 3,000 sq. m.
Size of land plot – 0.24 ha
Market value of property, at the end of September 2024 – EUR 4.2 million
Occupancy, at the end of September 2024 – 85 percent
Address A. Stulginskio str. 8, Vilnius
Ownership – INVL Baltic Real Estate
The Dommo Business Park manufacturing, warehouse and office complex in Latvia is in a great strategic location beside the road to Jelgava and across from the intersection with the Jurmala-Tallinn bypass. It’s 13 km from the Riga city centre and the airport, and 16 km from the seaport. The territory is well-suited to the development of logistics centres.
Main data:
Total area – 12,800 sq. m.
Leasable area – 12,800 sq. m.*
Size of land plot – 54.8 ha
Market value of property, at the end of September 2024- EUR 10.4 million
Occupancy, at the end of September 2024 – 100 percent
Principal tenants: Bohnenkamp, Tente, Rewico Baltikum, Inservis.
Address Stūnyši, Olaines region, Latvia.
Ownership – the property belongs to SIA DOMMO Grupa and SIA DOMMO Biznesa Parks; INVL Baltic Real Estate owns 100% of shares in SIA DOMMO Grupa
*On 08 October 2024 a real estate purchase and sale agreement was concluded with Bohnenkamp, SIA, legal entity code 40003506739. The agreement pertains to the sale of a 2.9 ha plot of land located at Franču iela 1, Stūnīši, Olaines pag., Olaines nov., LV-2127, Latvia, which is owned by the Company’s subsidiary Dommo Gruppa, SIA, along with a warehouse of 12,800 sq. m. situated on the land, owned by Dommo Biznesa Parks, SIA. More information about the transaction: https://view.news.eu.nasdaq.com/view?id=bc57198b3683255a27ac68d308972eac7&lang=en
More information regarding leasing:
INVL Baltic Real Estate
Gynėjų Street 14, LT-01109, Vilnius
Phone: + 370 616 86910
E-mail: rent@invl.com