News
L. Kuzavas. Why Is Poland Attracting Industry While Lithuania Is Losing Investors?
2025-12-02
The new reality is harsh: investment is not a matter of patriotism or sympathy. Global capital flows are shrinking, and businesses choose countries that operate an innovation-driven economy, have modern infrastructure, and an ecosystem of industrial parks. Poland, a leader in the logistics sector, is an example showing that competitive advantage goes to those who
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Expansion of the Liepkalnis Logistics Park: “SIRIN Development” Begins New Construction
2025-12-02
Real estate developer SIRIN Development has received a building permit to continue the expansion of the Liepkalnis Logistics Park. By the end of 2026, two new A++ energy class buildings with a total area exceeding 41,000 sq. m will be constructed on Liepkalnio Street. Currently, SIRIN Park Liepkalnis already comprises around 90,000 sq. m of
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Square meters alone are not enough – clients want both quality and sustainability
2025-11-13
The largest logistics real estate developer in the Baltic States, SIRIN Development, has noticed a growing trend: in today’s construction business, success depends not only on square meters – clients increasingly value quality and sustainability. These assurances are provided by the international BREEAM certification, under which more than one million buildings worldwide have already been
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SIRIN Development moves to a new office – marking both growth and confidence in the Baltic market
2025-11-03
The largest logistics real estate developer in the Baltic States, SIRIN Development, is moving into its new headquarters at the HERO Business Center in Vilnius. According to the company, this step marks a new stage of growth, confidence in the Baltic economy and business environment, and ambitious plans to manage a 1 million sq. m
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SIRIN Development: Investments in People Help Achieve Ambitious Business Goals
2025-10-07
Over the past four years, the company SIRIN Development, which has increased its number of employees by 40%, notices that the age of digital technologies and artificial intelligence demands new competencies. International project management, new AI tools, team interaction, and a developmental form of leadership — these are the challenges faced by anyone stepping into
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Sustainability as an investment: Why Lithuanian developers are thinking green more often
2025-09-12
When SIRIN Development employees at the Dobrovolė logistics park began preparing the site for new construction, they faced a dilemma familiar to many developers: what to do with 20 old pine trees that stood in the way of expansion. The traditional solution would have been to cut them down. Instead, the company chose another path—preserving
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Laurynas Kuzavas. The middle-income trap: Why Lithuania needs strategic decisions
2025-09-04
We all welcome Lithuania’s growth and its efforts to catch up with developed Europe. But are we in danger of falling into the middle-income trap? Economists warn that we may soon become too expensive without ever achieving high quality. The fuel that once drove Lithuania’s economy is running out. Strategic decisions are urgently needed. Before
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„SIRIN Development“ secures nearly €17M loan
2025-09-04
Real estate developer Sirin Development has signed an agreement with commercial bank Luminor for a €16.8 million loan. According to the bank’s announcement on Thursday, the funds will be used to finance the expansion of logistics parks in Kaunas, Vilnius, and Riga. With this latest loan, Sirin Development’s total obligations to Luminor now amount to
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Sustainability that pays off: Practicality replaces fashion
2025-08-29
Human resources professionals affirm that green initiatives reduce employee stress, boost productivity by up to 20%, and even increase creativity by up to 45%. SIRIN Development, the largest real estate developer and manager in the Baltic States, observes that sustainability is evolving: what was once a trend is now becoming a measurable, practical investment. “Sustainability
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Transit is dead. Long live logistics!
2025-07-15
Latvia’s post-Soviet dream of becoming a transit country has essentially been dashed. The decline in East-West transit volumes in recent years has been devastating. Once, 98% of Latvian railway cargo was international, the majority of which was cargo from Russia and Belarus flowing into Latvian ports. The war started by Russia and the subsequent sanctions
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SIRIN Development begins construction of the second phase of the Mārupe logistics park and signs an agreement with EV RIGA
2025-06-11
The leading logistics real estate developer in the Baltics, SIRIN Development, has begun construction of the second phase of the logistics park “SIRIN Park Mārupe” in Grencu street near Riga International Airport and has also signed a cooperation agreement to lease office and warehouse space to one of the leading electric vehicle dealers in Latvia,
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One more Build-to-Suit warehouse completed in Kaunas FEZ: SIRIN Development sees growing niche in the Baltic States
2025-03-31
A new 12,000 sq. m logistics warehouse has been completed in Kaunas FEZ and leased to Coca-Cola HBC Lietuva. The warehouse operator has entered into an agreement with real estate developer SIRIN Development, which is committed to delivering high-quality logistics real estate solutions. The company notes that build-to-suit projects—custom-built to meet specific client requirements—are rapidly
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SIRIN Development opens SIRIN PARK DOBROVOLĖ in Vilnius to tenants
2025-02-25
SIRIN Development, a logistics real estate development company, has officially opened the new logistics park – SIRIN PARK DOBROVOLĖ – in Vilnius. The company invested EUR 11 million in the first phase of construction, which delivered 18,000 sq. m of modern warehouse space on Meteliai Street. This year, the company plans to invest an additional
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“SIRIN Development” in Kaunas FEZ
2025-02-25
The Kaunas FEZ, located at the heart of Lithuania and close to the country’s key transport corridors, is by far the most convenient logistics location in the country. Naturally, as the largest logistics property developer in the Baltic States, this made Kaunas FEZ a logical choice for our investments. We began investing in Kaunas FEZ
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Logistics Park SIRIN PARK MĀRUPE launches, more than €100M investments planned in Riga
2025-02-25
SIRIN PARK MĀRUPE, a modern logistics park with 27,000 sqm of space, has opened its doors to tenants near Riga Airport. SIRIN Development, the leading logistics real estate developer in the Baltics, has invested EUR 20 million in the first phase of this project. This year, the company will invest EUR 10 million in the
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