• Kaunas office market accounted in total for 234,600 sq m at the end of 2019.
  • The most significant transaction involved Sqveras BC where Siauliu Bankas signed a contract for 2,500 sq m.
  • The vacancy rate stood at 11.8% at the end of 2019 following the similar pattern which had been recorded in 2018.
  • The current pipeline is expected to stand at around 30,000 sq m. However, due to the current pandemic crisis, construction delays may occur.
  • The most notable transaction in 2019 was the purchase of River Mall and River Hall.