May 16, 2013. Vilnius. The amount of new-construction apartments sold in Vilnius in April is 195, and that means 89 percent more than in April of 2012. Within the first four months 644 apartments were sold in total – i.e. 69 percent more than within the corresponding period in 2012.
“The amount of unsold apartments in Vilnius is below 2500, and it means that the amount is less by 350 apartments than in early 2013”, – Arnoldas Antanavičius, the Manager of Consultations and Analysis Department of Inreal. According to him, the supply may shrink soon. In April the liquidity of new construction apartment market reached the record level of 7.2 percent since the emergence of the crisis. It means that the market is able to absorb the current supply approximately within 13 months.
In April of 2013 the number of transactions made in Kaunas and Klaipėda as regards new construction apartments have also increased: 16 apartments were sold in Kaunas, and 17 – in Klaipėda. That respectively means 7 percent and 42 percent more than in April of 2012.
Inreal Group, which consists of JSC “Inreal Valdymas” (Inreal Management), JSC “Inreal”, JSC “Inreal Pastatų Priežiūra” (Inreal Building Maintenance) (related to companies, administering apartment houses) and JSC “Inreal GEO”, provides the widest spectrum of services in Lithuania, related to real estate and building maintenance services. Companies of Inreal group belong to SC Invalda. More than 300 employees are currently working in Inreal group, the value of managed assets – about 400 million LTL, mediations in lease or sale of 550 thousand sq. m. of commercial premises and 1150 apartments, the value of asset, evaluated per year, is reaching 2 milliard Litas, and the area, administered by companies of building maintenance sector – 1 million sq. m. Company offices or representations are operating in Vilnius, Kaunas, Klaipėda, Šiauliai, Panevėžys, Mažeikiai, Alytus, Plungė, Šilalė and Utena.
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Rūta Merčaitienė
Head of Marketing and Communications