Not competing on price: modern and smart office buildings are more desirable to tenants

  • 2017-12-28
The third quarter of 2017 was active in the modern offices market. Projects of various sizes contributed to the increase of modern office space in the country’s major cities. The largest projects were implemented in Vilnius, where construction of four new office buildings were completed during the third quarter at Liepyno Verslo Namai, Narbuto 5, Eleven 11 and Green Hall 2. These projects added a total of 19,200 square metres of usable office area to the market in Vilnius which now totals 666,600 square metres. At the end of the third quarter of 2017 the occupancy r...
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