Vilnius Business Park, located next to Ukmergės Street, is home to Technoclass UAB, which offers virtual reality experiences; AITI Group UAB, a provider of telecommunication and communication equipment; Forstila UAB, which sells timber and its products; and Euromontas UAB, which manufactures metal structures and technological equipment.
Meanwhile, Fotoras UAB, which sells sports grounds, playgrounds and industrial coatings, and Inotela MB, which supplies timber and building materials, have joined the Gariūnų Street business community.
„At Vilnius Business Park, we can offer solutions that meet the needs of modern business. Companies that have moved or are planning to move not only consider the location, infrastructure and accessibility, but also the quality of the buildings, which helps to optimise costs. A complete and high-quality fitting-out of the premises is also an important factor, which significantly saves time in the relocation process,“ says Mykolas Čiplys, Head of Sales and Leasing at Darnu Group.
The decision was driven by project quality and cost optimisation
Edvinas Pliauga, Director of Inotela, says that the decision to move to Vilnius Business Parks was determined by the desire to find higher-quality premises at a more reasonable price.
„When looking for new premises, we focused on the location, the condition of the premises and the rental price. After moving from smaller premises, we notice that the price per square metre is lower than before, while the total utility and other costs remain similar,“ says Mr Pliauga.
For Fotoras UAB, an important criterion was the possibility to use a leasing solution and acquire premises where it would be possible to quickly start operations once relocated without the need for additional investment.
„Our company’s goal was to find a new warehouse as soon as possible. The decision to move here was based on the quality of the premises and the fully landscaped surroundings. The location was also important, but the decision was based on a combination of factors – primarily the ability to start operating smoothly and quickly in the new space. We have noticed that our customers value not only our services but also the surrounding environment. The landscaped territory, convenient vehicle access – all this contributes to a better opinion of us by our clients,“ says Agnė Sėjūnė, representative of Fotoras UAB.
Businesses strive for greater operational efficiency
Mr Čiplys notes that businesses primarily associate moving to new modern premises with the opportunity to increase operational efficiency, prioritising projects that can offer convenient logistics solutions.
„The research we initiated and conducted this year shows that small and medium-sized businesses in the capital – the main tenants or buyers of such premises – rate their operational efficiency, on average, as 7 and associate modern, efficient premises in strategically convenient locations with cost reduction. 58% of businesses would choose premises with convenient vehicle access. We have seen for ourselves how important this need is. Businesses that are already occupying our premises have noticed that Vilnius Business Parks contribute to more efficient logistics. They are located close to the city’s major thoroughfares, so it is convenient for customers to access the premises and for heavy vehicles to carry out their daily operations,“ says Mindaugas Čiplys.
According to the survey, businesses also consider the right size of the premises (51%), the cost of purchase or lease (42%), and the building’s energy efficiency (33%) to be of particular importance.
„In the hope of saving money, businesses sometimes opt for older premises where the rent can be lower. The survey revealed that 32% of small and medium-sized businesses in the capital operate from premises built during the Soviet era or earlier. However, such premises rarely meet modern ergonomic and spatial needs, and tend to be more expensive due to higher utility costs. Meanwhile, Vilnius Business Parks’ A++ energy class buildings and autonomous space metering ensure low energy consumption. Companies operating here also have the possibility of installing their own solar power plant on the roof,“ says Mr Čiplys.
Darnu Group, the leading company in the segment of stock-office premises in the capital, has developed almost 50,000 sqm of such premises to date. In addition to Vilnius Business Park complex on Sedulų Street in the capital, which was completed in February this year, the company developed its first 24,000 sqm project of this type in 2022, also located on Ukmergės Street. It also completed an 8,200 sqm development on Gariūnų Street in December last year.
Businesses have the flexibility to either lease or purchase all the premises available in Vilnius Business Park complexes, a distinctive offering that sets Darnu Group apart in the market. Moreover, to ensure maximum flexibility and convenience for clients, Vilnius Business Park offers a cumulative lease solution: the price of the premises is fixed at the start of the contract period and the first 12 months of lease payments count towards the initial deposit if the client decides to purchase the premises.