Vilnius, Lithuania
Vilnius sits on one national property register that sells an owner extract by address for under a euro, yet its Old Town belongs mostly to the state, through palaces held in trust by state institutions, while Baltic groups — Akropolis, Baltic Horizon, INVL, Hanner — hold the malls and offices.
10 buildings · 8 with an owner established · 25 sources · 4 tier B · 6 tier A · prepared 2026-10-20
Lithuania keeps one national Real Property Register (Nekilnojamojo turto registras), run by the state enterprise Centre of Registers (Registrų centras). It records each plot, building and flat with its holder of title, mortgages and other burdens, and its contact point tells the European Land Registry Association that the data on property, real rights and their holders 'are public except the cases specified by laws'. Anyone can search by address and buy an extract, which the same page prices at EUR 0.58 online and EUR 1.45 on paper; searching by owner name or company is open only to bodies that sign a data-provision agreement, and the deeds behind an entry go only to owners, courts, notaries and similar.
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The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Palace of the Grand Dukes of Lithuania (Lietuvos Didžiosios Kunigaikštystės valdovų rūmai) Katedros a. 4, Vilnius (Lower Castle, beside the Cathedral) |
Civic | Republic of Lithuania (held in trust by the National Museum – Palace of the Grand Dukes of Lithuania, under the Ministry of Culture) The museum's statutes (nuostatai): 'Valdovų rūmų muziejaus savininkas yra valstybė' (the museum's owner is the state), with the owner's rights exercised by the Ministry of Culture; and 'Valstybės Valdovų rūmų muziejui perduotas ir ... įgytas turtas nuosavybės teise priklauso valstybei', which the museum holds in trust (patikėjimo teise). The museum is a state budgetary institution, legal-entity code 302297628. The palace was rebuilt in 2002–2009 (Wikipedia). The statutes do not name the building by register number; tier B because the building-to-museum link rests on the museum's own address and the Wikipedia infobox (s6). |
Government | —B |
| Vilnius Cathedral (Archcathedral Basilica of St Stanislaus and St Ladislaus) Cathedral Square (Katedros aikštė), Old Town, Vilnius |
Institutional | Not established a paid title search would answer it Wikipedia gives the Roman Catholic Archdiocese of Vilnius as the cathedral's administration, not its owner. Under Soviet rule the cathedral was a warehouse and then a picture gallery; Lithuanian Wikipedia records that on 22 October 1988 its return to the faithful was announced, and it was reconsecrated on 5 February 1989. No opened page states who holds title today; a Real Property Register extract (EUR 0.58) would answer it. |
Not established | —A |
| Presidential Palace (Prezidentūra) Daukanto Square (S. Daukanto aikštė), Old Town, Vilnius |
Civic | Republic of Lithuania (Government of Lithuania) Wikipedia's infobox: 'Owner: Government of Lithuania'; last major reconstruction 1834; part of the Vilnius Old Town World Heritage Site. The President's Office site (lrp.lt) sits behind a Cloudflare challenge and was not opened, so no state document was read for this. |
Government | —A |
| Vilnius Airport (Vilniaus oro uostas) Vilnius (about 3 km from the railway station, per Wikipedia) |
Civic | Republic of Lithuania; operated by the state company Lithuanian Airports (Lietuvos oro uostai) Wikipedia's infobox: 'Owner: Government of Lithuania', 'Operator: JSC "Lithuanian Airports"'; opened 1932. The operator's site (ltou.lt) answers with a Cloudflare challenge and was not opened. |
Government | —A |
| Vilnius railway station (Vilniaus geležinkelio stotis) Between Naujininkai and Naujamiestis, on the edge of the Old Town, Vilnius |
Civic | LTG (Lietuvos geležinkeliai, the state-owned railway group) Wikipedia's infobox: 'Owner: LTG', 'Operator: LTG Link'; opened 1869, destroyed in 1945, rebuilt in 1950. LTG's own news (s14, February 2026) says the city and LTG renewed an agreement to redevelop the 'Connect II' (Grįžtvaris) territory, about 42 hectares of the former freight station between Naujininkai and Naujamiestis, still used for LTG Group needs and other industrial and infrastructure activity while operations move out, and that the city will hold an international competition for its urban vision. |
Government | —B |
| Europa shopping centre (Europa SC) Beneath the Europa business centre, Konstitucijos Avenue, Šnipiškės, Vilnius 17,447 m² net leasable area (30 June 2026) |
Retail | Baltic Horizon Fund, through its SPV BH Europa UAB sole owner Filing with Estonia's Financial Supervision Authority (s9): 'The owner of Europa Shopping Centre in Vilnius, BH Europa UAB, an SPV of Baltic Horizon real estate fund' sold its parking-house share on 30 Dec 2022, and 'Baltic Horizon Fund remains as the sole owner'. The fund's Q2 2026 results (s10) still list Europa SC: fair value EUR 32,358 thousand, NLA 17,447 m², yield 4.8%, occupancy 80.8% at 30 June 2026. The listed fund (Nasdaq Tallinn/Stockholm) is deleveraging: a EUR 12.3M equity injection in March 2026 and EUR 11.5M of bonds to repay during 2026. Tier B: current holding from s10. |
REIT | EUR EUR 4 million 2022-12-30 Not the mall: the price BH Europa UAB received for selling its 50% share of the co-owned Europa parking house to UAB Prime Location Property Fund. B |
| Europa Tower (Europos bokštas, 'Europa' business centre) Konstitucijos Avenue, Šnipiškės, Vilnius 17,100 m² total; 15,700 m² lettable · 33 floors |
Office | Not established a paid title search would answer it The tallest building in the Baltic states (148 m; 33 floors; completed 2004), per English and Lithuanian Wikipedia. The shopping centre beneath it belongs to Baltic Horizon Fund (see Europa SC), but no opened page names the owner of the office tower itself. Baltic Horizon's 2022 filing says the parking house it co-owned with UAB Prime Location Property Fund serves 'both Europa shopping centre and office building' and that the buyer, as sole owner, would renovate it — which does not establish who owns the tower. |
Not established | —A |
| Akropolis Vilnius Ozo g. 25, Vilnius |
Retail | Akropolis Group Akropolis Group's H1 2026 results (published on akropolis.lt, 16 September 2026) describe the Vilnius, Klaipėda and Šiauliai Akropolis centres and Riga's Akropole Riga and Akropole Alfa as the 'five shopping centres managed by Akropolis Group' ('„Akropolis Group“ bendrovės valdomuose penkiuose ... prekybos centruose'), with occupancy of 99.2% at end-June 2026, H1 rental income of the five up 6% and consolidated revenue of EUR 81.6M. 'Valdomas' means held/controlled; the page does not separate legal title from management, so tier B. The release does not name Akropolis Group's own shareholders. |
Private company | —B |
| Pramogų bankas (former Pergalė cinema) A. Stulginskio Street, central Vilnius 3,500 m² usable after refurbishment |
Office | INVL Baltic Real Estate (managed by INVL Asset Management) INVL (5 January 2026): INVL Baltic Real Estate will open a second Talent Garden Vilnius coworking space 'in the building historically known as both Pramogų bankas and the Pergalė cinema', on A. Stulginskio Street; redesign began 'immediately after its acquisition in 2023'; refurbishment from January 2026, opening end-2026, 325 workstations. INVL Baltic Real Estate is a special closed-end real estate investment company listed on Nasdaq Vilnius; its other Vilnius holdings are Old Town offices on Vilniaus Street (Palangos St. 4 / Vilniaus St. 33, Vilniaus St. 37) and Šiaurės Miestelis (s20). |
Public company | —A |
| Panorama shopping and leisure centre Saltoniškės, Vilnius 65,000 m² |
Retail | UAB E.L.L. Nekilnojamas Turtas (Group E.L.L. Real Estate) English Wikipedia: Panorama 'is the third largest shopping center in Vilnius ... with 65,000 m2. It is owned by UAB E.L.L. „Nekilnojamas Turtas“ (Group E.L.L. Real Estate). It was built by the Lithuanian company in 2008, in Saltoniškės', with 180 shop units and 1,600 underground parking spaces. The article is not recently dated; a search summary of an April 2026 kapitel.ee report (host returned 403) says SEB lent EUR 20M to expand Panorama, which fits a continuing owner but was not opened. |
Private company | —A |
The core land
The most valuable ground in the city, and what the public record says about it.
Lithuania has no published assessed-value roll for individual parcels that could be opened: the Centre of Registers runs mass valuation and publishes market statistics, but its site sits behind Cloudflare. What can be cited is developer-analyst market data and listed funds' valuations, given here with their dates.
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Vilnius's largest holders are public. The Republic of Lithuania owns the Old Town's palaces through state budgetary institutions that hold them 'in trust' (patikėjimo teise) rather than as owners, and manages its other real estate through the state enterprise Turto bankas. Much land under state companies is itself state land leased to them: LTG says it leases from the state the plots under property it is now auctioning. The railway's yards are the city's biggest redevelopment reserve, and the university and the Church hold the historic core's other large estates. None of these holders publishes a Vilnius-only holdings total that could be opened, so most figures here are partial.
| Name | Type | Holdings |
|---|---|---|
| Republic of Lithuania — state property bank Turto bankas (state enterprise) Lithuanian Wikipedia: Turto bankas is 'Lietuvos valstybės įmonė, atsakinga už valstybės nekilnojamojo turto priežiūrą ir skolų valstybei išieškojimą' — the state enterprise responsible for managing state real estate and collecting debts owed to the state. It was formed in 1996 from the reorganised Aurabankas, became a state enterprise in 2011 and merged with the State Property Fund in 2014; its site is turtas.lt, which did not answer, and turtobankas.lt now redirects to a domain-sale page. |
Government | not established (no holdings total could be opened)A |
| Republic of Lithuania — heritage palaces held in trust by state museums The Palace of the Grand Dukes museum's statutes say its owner is the state, rights exercised by the Ministry of Culture, and that property transferred to or acquired by the museum 'nuosavybės teise priklauso valstybei' and is held by the museum in trust. The same model — title with the state, use by a budgetary institution — applies to the President's palace and the airport, which Wikipedia lists as owned by the Government of Lithuania. |
Government | the Palace of the Grand Dukes and its contents (state property held in trust)A |
| LTG (Lietuvos geležinkeliai) — state railway group LTG (February 2026): the city and LTG renewed their agreement to redevelop the 'Connect II' (Grįžtvaris) territory, about 42 ha between Naujininkai and Naujamiestis, still used for LTG needs while operations move to a new electric-train depot in Naujoji Vilnia. LTG (January 2025): it had received more than EUR 8M from auctioning property it no longer needs, with nine more objects worth just over EUR 3M on offer, including a house in Naujoji Vilnia; for two of them 'žemę LTG nuomoja iš valstybės' (LTG leases the land from the state). Wikipedia names the Ministry of Transport and Communications as LTG's owner. |
Government | Connect II former freight-station territory of about 42 ha in central Vilnius; more than EUR 8M of surplus property auctioned (to Jan 2025, nationwide)B |
| Vilnius University Wikipedia's infobox for the Botanical Garden of Vilnius University: area 198.85 hectares, opened 1781, operator Vilnius University. The university's main estate is the Old Town ensemble with its courtyards plus the Saulėtekis campus. The university's own facts pages did not state land or floor-area totals, and Wikipedia says 'operator', not owner; title was not checked. |
Institution | Botanical Garden (Kairėnai and Vingis): 198.85 ha, operated by the universityA |
| Roman Catholic Archdiocese of Vilnius The archdiocese administers Vilnius Cathedral, returned to the faithful in 1988–89 after Soviet use as a warehouse and picture gallery. Its own site (vilniausarkivyskupija.lt) did not answer, and no source opened gives the number or area of buildings it owns in the city. |
Institution | 95 parishes (archdiocese-wide, Wikipedia infobox); property totals not establishedA |
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
New homes in Vilnius are built by private developers selling flats off-plan through preliminary contracts; there is no official builder league table, and the market counts come from developers' own analysts and brokers. Hanner's analysts counted 3,089 new flats sold on the city's primary market in 2024, 42% more than the 2,174 of 2023, for EUR 529.2M. In 2026 Merko reports that activity in Vilnius's new-flat market 'has moderated somewhat' while prices keep rising. Figures below are each developer's own, or a listed group's filing; they are not comparable with each other.
| Name | Type | Flats |
|---|---|---|
| Hanner ELTA via tv3.lt (5 Jan 2025), from Hanner's own analysts: 'Hanner bendrovė 2024 metais pardavė 359 butus Vilniuje, kai 2023 m. – 304 butus'; its best-selling project was Naujamiesčio Trio (123 preliminary contracts). BNS via tv3.lt (12 Aug 2026): Hanner is switching the last two buildings of its Business Stadium quarter on the former Žalgiris stadium site from offices to about 400 flats (some 20,000 m²), because office demand is, in its chairman's word, 'nulinis' (zero); it has planned over EUR 200M of investment on the site. |
Private company | 359 flats sold in Vilnius in 2024 (304 in 2023)B |
| Galio Group (owned by Akropolis Group since 2025) Akropolis Group's H1 2026 release: Galio Group, a real estate developer bought by Akropolis Group last year and consolidated from October, signed 150 preliminary sale and reservation contracts for flats in H1 2026, across five projects (three in 2025), developing Remarco, ReVingio and Mosso in Vilnius and preparing to build the Cityzen apartment complex; it also completed the sale of the Wave business centre in the capital. |
Private company | 150 flat pre-sale and reservation contracts in H1 2026 (+48.5% year on year)A |
| EIKA Development ELTA via tv3.lt (23 Mar 2026): revenue rose about 23% to EUR 7.17M in 2025; it completed three apartment projects and three office objects in Vilnius, got five building permits and raised its housing pipeline to nine projects; eight are active (Užupis, Žvėrynas, Senamiestis, Pašilaičiai, Visoriai, Naujininkai, Bajorai), with Kalnėnai, Fabijoniškės and Pilaitė starting in 2026. |
Private company | 9 housing projects in development; 3 apartment projects completed in Vilnius in 2025A |
| Merko Statyba / Merko Būstas (AS Merko Ehitus group) Merko Ehitus 6-month 2026 interim report (filed on the Estonian FSA's OAM): its Vilnius development projects in Q2 2026 were Vilnelės Skverai and Šnipiškių Urban; Lithuania revenue was EUR 23.2M in H1 2026 against EUR 56.4M a year earlier; the subsidiary list shows UAB Merko Statyba (construction) and UAB Merko Būstas plus project companies, all 100%-owned and based in Vilnius. The report does not split flat sales by country. |
Public company | Group-wide: 120 flats delivered and 1,253 under construction or completed (H1 2026, Estonia, Latvia and Lithuania)A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Vilnius's commercial stock is held by a few Baltic groups and listed funds rather than global REITs. The largest mall owner is Akropolis Group; listed Baltic Horizon Fund owns the Europa centre, and INVL Baltic Real Estate holds Old Town offices. Office demand is weak in 2026: Hanner is turning planned offices into flats, and Baltic Horizon reports falling occupancy. Stockholm-listed Eastnine, probably the largest office landlord, could not be opened (see unverified).
| Name | Type | Holdings |
|---|---|---|
| Akropolis Group Akropolis Group's H1 2026 release: occupancy across the five centres 99.2% at end-June 2026; consolidated rental income up 29% to EUR 59.9M; EBITDA EUR 56.6M; net profit EUR 37M; rated BB+ by S&P and Fitch. Galio Group, a developer and property manager, was acquired in 2025. Shareholders not named on the page. |
Private company | 5 shopping centres in Lithuania and Latvia (incl. Akropolis Vilnius); H1 2026 consolidated revenue EUR 81.6M, rental income EUR 59.9MA |
| Baltic Horizon Fund (managed by Baltic Horizon Capital AS / Northern Horizon Capital) Q2 2026 results filed on the Estonian FSA's OAM: total portfolio occupancy 82.6%; Europa SC 80.8%; the Meraki property was sold; H1 2026 net profit EUR 698 thousand, its first profitable half-year since 2022, after a EUR 12.3M equity injection. The table gives no city for its other properties, so only Europa SC is placed in Vilnius here. |
REIT | 10 properties, 111,244 m² NLA, EUR 209.8M fair value across the Baltics (30 June 2026); in Vilnius, Europa SC (17,447 m²)A |
| INVL Baltic Real Estate (Nasdaq Vilnius; managed by INVL Asset Management) INVL (31 Oct 2025): it owns Old Town offices on Vilniaus Street and in Šiaurės Miestelis, the Pramogų bankas building, and 52 ha of land in the Dommo logistics and industrial park near Riga. Its largest asset, the office building at Palangos St. 4 / Vilniaus St. 33 (home of Talent Garden Vilnius), earned EUR 1.14M of NOI in January–September 2025; occupancy 82–98% across the portfolio. |
Public company | 19,600 m², EUR 47.4M of real estate (end-September 2025), Vilnius and RigaA |
| Hanner BNS via tv3.lt (12 Aug 2026), citing Verslo žinios: built so far are Business Stadium West, North and North East, the Courtyard by Marriott hotel and the Centro rezidencija flats; the remaining two plots, planned as about 30,000 m² of offices, are being re-planned as flats, with completion targeted for 2029. A developer that also holds; holdings figure as reported, not a register count. |
Private company | Business Stadium quarter on the former Žalgiris stadium site: over EUR 200M planned (offices, a Courtyard by Marriott hotel, flats)B |
| EIKA Development (property manager, not owner) ELTA via tv3.lt (23 Mar 2026). These are properties EIKA administers, not ones it is shown to own; listed so the area is not mistaken for ownership. |
Private company | 24 properties administered, 144,000 m², 340 tenants (2025)A |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Transaction granularity is set to aggregate-only on judgement: the Centre of Registers publishes market statistics, but its pages (registrucentras.lt) and the national open-data portal (data.gov.lt) could not be opened to check whether a per-sale dataset exists.
- The EUR 0.58 online / EUR 1.45 paper extract fee comes from an undated ELRA contact-point page; the Centre of Registers' current price list sits behind Cloudflare and was not opened. A third-party guide (finonamai.lt, search snippet only) gives the same EUR 0.58.
- Europa Tower office building: owner not established. A Baltic Horizon filing implies a separate owner of the office building and parking house (UAB Prime Location Property Fund bought the parking-house share), but no opened page says who owns the tower.
- Vilnius City Municipality social housing: a search summary cites 1,284 municipal social flats in Vilnius in 2023 and a 2026 draft transferring about 5,139 m² of Vilnius College dormitories to the municipal housing fund managed by SĮ 'Vilniaus miesto būstas'; the underlying pages (lrv.lt, e-seimas.lrs.lt, vilnius.lt) sit behind Cloudflare and none was opened, so no figure is given.
- Lithuanian Armed Forces / Ministry of National Defence land in Vilnius: not established; kam.lt is behind Cloudflare.
- Eastnine AB (Nasdaq Stockholm) as a leading Vilnius office landlord: search results quote its January–June 2026 report as 14 assets, 257,900 m² lettable and EUR 926M of property, with Vilnius 42% of the portfolio, and nine of 16 properties in Vilnius at end-March 2026. eastnine.com is behind Cloudflare and no copy was opened, so it is not listed as an owner.
- Hanner's 2025 Vilnius sales (643 flats, per a search snippet) and the Ober-Haus count of over 5,700 primary-market flats sold in Vilnius in 2025 were seen only in search summaries; not used.
- YIT, Darnu Group, Citus, Omberg and Realco are named in search results as large Vilnius housing developers, but no figure from a page that opened was found for them.
Sources
- Lithuania — How to get the Information (Real Property Register publicity, fees) — European Land Registry Association (ELRA), Lithuanian contact point · openA
- Lithuania — Stakeholders in property registration (who may search, what is public, fees) — European Land Registry Association (ELRA), Lithuanian contact point · openA
- Vilnius Airport — Wikipedia · openA
- Presidential Palace, Vilnius — Wikipedia · openA
- Vilnius railway station — Wikipedia · openA
- Palace of the Grand Dukes of Lithuania — Wikipedia · openA
- Vilniaus arkikatedra bazilika (and en: Vilnius Cathedral) — Wikipedia (Lithuanian and English) · openA
- Europos bokštas (and en: Europa Tower) — Wikipedia (Lithuanian and English) · openA
- Baltic Horizon Fund sold its share in the parking house of Europa Shopping Centre to UAB 'Prime Location Property Fund' in Vilnius, Lithuania — Baltic Horizon Fund / Northern Horizon Capital AS, filed in the Estonian Financial Supervision Authority's central storage of regulated information (OAM) · openA
- Baltic Horizon Fund consolidated unaudited results for Q2 2026 — Baltic Horizon Fund, filed in the Estonian FSA central storage of regulated information (OAM) · openA
- „Akropolis Group“ rezultatai: pirmąjį pusmetį augo lankytojų srautai, nuomininkų apyvarta, išsiplėtė veiklos apimtys — Akropolis Vilnius (akropolis.lt), Akropolis Group release · openA
- Nacionalinio muziejaus Lietuvos Didžiosios Kunigaikštystės valdovų rūmų nuostatai (statutes) — National Museum – Palace of the Grand Dukes of Lithuania · openA
- Turto bankas — Wikipedia (Lithuanian) · openA
- Vilniaus miesto savivaldybė ir LTG atnaujino susitarimą kartu vystyti pramoninę geležinkelio stoties rajono teritoriją — LTG (Lietuvos geležinkeliai), read through the site's public WordPress JSON for the same post · openA
- LTG grupė už parduotą turtą pernai gavo 8 mln. eurų, šiais metais aukcionuose – nauji investicijoms patrauklūs objektai — LTG (Lietuvos geležinkeliai) · openA
- Botanical Garden of Vilnius University — Wikipedia · openA
- Roman Catholic Archdiocese of Vilnius — Wikipedia · openA
- Lithuanian Railways — Wikipedia · openA
- The former Pramogų bankas building to be converted into the second Talent Garden Vilnius coworking space — INVL (invl.com) · openA
- INVL Baltic Real Estate profit for the three quarters increased 3.19 times to EUR 3.25 million — INVL (invl.com) · openA
- „Hanner“: 2024 m. Vilniuje parduoti 3089 butai — tv3.lt (ELTA) · openA
- „EIKA Development“ pajamos augo 23 proc. — tv3.lt (ELTA) · openA
- AS Merko Ehitus 2026 6 months and II quarter consolidated unaudited interim report — AS Merko Ehitus, filed in the Estonian FSA central storage of regulated information (OAM) · openA
- „Hanner“ likusioje kvartalo „Business Stadium“ dalyje planuoja imtis butų plėtros – žiniasklaida — tv3.lt (BNS, citing Verslo žinios) · openA
- PLC Panorama — Wikipedia · openA