No matter what your business needs are, in Vilnius you’ll be able to find the office space that’s right for you. To begin with, companies established in Vilnius benefit from some of the lowest commercial rental prices in the region. And then there is a wide selection of properties to choose from.
The share of flexible office space in modern, primarily A class, office buildings have tripled in the last three years. And this trend for growth shows little sign of slowing, with major new office projects totaling 236,100 square meters of additional office due to open between 2021-2023.
You can use the OH MAP to find all of the office and mixed-use buildings with a minimum of 1,000 square meters of office area that have been built since 1999 or are currently under construction.
If you would like to see a comprehensive overview of the projects that are currently under development or in the planning process, visit Citify Vilnius.
Total office space
Source: Newsec, 2022
Growth yoy of office space
Source: Newsec, 2022
New office space in 2022 Q1
Source: Newsec, 2022
projected new office space in 2022/23
Source: Newsec, 2022
Total office vacancy rate
Source: Newsec, 2022
A class office vacancy rate
Source: Newsec, 2022
A class office rents (sqm/month)
Source: Newsec, 2022
B class office rents (sqm/month)
Source: Newsec, 2022
Additional office costs (sqm/month)
Source: Colliers International, 2020
If you are looking for an alternative to fixed term office leases, you will discover that Vilnius is rich with co-working spaces.