SIRIN Development is one of the largest logistics developers in Europe! – PropertyEU Magazine
SIRIN Development, one of the leading logistics and industrial real estate developers in the Baltics, last year introduced 4 new logistics centers to Lithuanian, Latvian and Russian markets and was included in the Top Logistics Developers ranking by PropertyEU Magazine.
Every year, this pan-European source of information for commercial real estate professionals publishes a list of top property developers. It is based on the quantity of industrial space delivered to the market, and this year’s list covered the years 2017-2019.
“We understand that the current circumstances pose challenges for all participants in the real estate market. Together with all team, we monitor, evaluate the situation and do our best to make measured changes and to become more efficient. Currently, the focus is on increasing operational efficiency, cost management and process improvement. We are preparing to return to the normal growth rate by developing the business through acquisitions, and as the market recovers rapidly, to carry out the planned expansion, ” – comments L. Kuzavas.
About the company
Sirin Development has developed more than 400,000 m2 of industrial and commercial real estate in Lithuania, Latvia and Russia. The company started operations in 2005 and has become a leader in industrial real estate development and management in the Baltics. Company has professional experience in developing storage complexes, shopping centers and office buildings.