<abstract xmlns="http://www.w3.org/1999/xhtml"><p> Presently the conditions for the commercial property development in Lithuania are favourable. The market indicators are demonstrating positive tendencies. Many international companies are entering the Lithuanian markets because of the supportive governmental instruments of competitive policy for these international companies. There is high demand for the commercial premises, and the respective governmental authorities are regularly improving the construction procedures. These are the factors, which are affecting the commercial property development activities in Lithuania. The aim of this paper is to highlight the factors, which are positively affecting the commercial property development in Lithuania. The key market indicators, supportive instruments for international companies and improvements of the construction procedures in Lithuania are reviewed by the authors, with prime focus on the capital of Lithuania − Vilnius. This paper is intended as guidance to the developers, who are entering the Lithuanian commercial property market.</p></abstract>

Presently the conditions for the commercial property development in Lithuania are favourable. The market indicators are demonstrating positive tendencies. Many international companies are entering the Lithuanian markets because of the supportive governmental instruments of competitive policy for these international companies. There is high demand for the commercial premises, and the respective governmental authorities are regularly improving the construction procedures. These are the factors, which are affecting the commercial property development activities in Lithuania. The aim of this paper is to highlight the factors, which are positively affecting the commercial property development in Lithuania. The key market indicators, supportive instruments for international companies and improvements of the construction procedures in Lithuania are reviewed by the authors, with prime focus on the capital of Lithuania − Vilnius. This paper is intended as guidance to the developers, who are entering the Lithuanian commercial property market.

Positive Influencing Factors of Commercial Property Development: Case of Lithuania

Baltic Journal of Real Estate Economics and Construction Management

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Presently the conditions for the commercial property development in Lithuania are favourable. The market indicators are demonstrating positive tendencies. Many...

Positive Influencing Factors of Commercial Property Development: Case of Lithuania

Data publikacji: 13 gru 2016

Zakres stron: 48 - 60

DOI: https://doi.org/10.1515/bjreecm-2016-0004

Słowa kluczowe
Commercial property development in Lithuania, construction procedures, governmental supportive instruments, investments

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Positive Influencing Factors of Commercial Property Development: Case of Lithuania

Data publikacji: 13 gru 2016

Zakres stron: 48 - 60

DOI: https://doi.org/10.1515/bjreecm-2016-0004

Słowa kluczoweCommercial property development in Lithuania, construction procedures, governmental supportive instruments, investments

© 2016

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Słowa kluczowe
Commercial property development in Lithuania, construction procedures, governmental supportive instruments, investments