News of the managed companies
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Vilniaus baldai AB sales and result for activity during period of January - December 2013
2014-02-18Turnover of Vilniaus baldai AB during period 2013 October – December was 44 420 thousand LTL (12 865 thousand EUR), same period year 2012 – 51 000 thousand LTL (14 771 thousand EUR). | Read more
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The new law enlivened the land market – land prices were increasing by 10-15 percent
2014-02-07February 6, 2014. Vilnius. The RE Market Review of 2013-2014, which was conducted by Inreal Group and the Law Firm SORAINEN and presented at the conference that was held by Lithuanian Real Estate Development Association (LREDA), states that a record-breaking activity has been observed in the land market. The major activity was in the most productive regions of Lithuania. | Read more
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A stable growth and record-breaking investments in the commercial RE sector
2014-02-07February 6, 2014. Vilnius. Inreal analysts and lawyers of SORAINEN, participating in the conference that was held by Lithuanian Real Estate Development Association (LREDA) today, stated that a stable growth is still continuing in the commercial real estate (hereinafter – RE) market. Business centres enjoyed well-occupied premises and increasing prices, the rental demand in shopping centres has been further exceeding the supply, and the lessees of commercial premises stopped disputing on the reduction of rents. | Read more
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The demand has exceeded the supply by 6.5 percent in the apartment market, and even higher imbalance between the demand and supply is foreseen
2014-02-07February 6, 2014. Vilnius. In 2013, the amount of transactions in the apartment market has been breaking the records of post-crisis, as was stated by Inreal analysts at the conference that was held by Lithuanian Real Estate Development Association (LREDA) today. There were 2,430 new apartments sold in Vilnius (203 apartments per month, at an average), or even by 73 percent more than in 2012. | Read more
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Vilniaus Baldai, AB will be led by Dalius Aleksandravicius
2013-12-30Vilniaus Baldai, AB, one of the largest Lithuanian furniture manufacturing companies‘, will be led by Dalius Aleksandravicius who has experience of large companies‘ management and will replace Aidas Mackevicius. | Read more