VPH develops and manages world-class commercial real estate for international and strong domestic tenants across the Baltic States and Belarus. We proudly employ a “tenant first” approach - our tenants are what drive our business and are what makes us successful.

About us

Over € 200
million of projects
in the pipeline
Over 160 thousand
square meters
under developement
Proven track
record in Europe
and North America
Regularly
exceeding
investors
expectations
Asset management of retail real estate
Tenant partner
relationship
is key
More than € 100
million in
completed
development
projects in the
Baltics

Our
Developments

Sāga Lifestyle Shopping Center

Planning
Location: Riga, Latvia

MEGA Park

Planning
Location: Minsk, Belarus

“Hampton by Hilton” Riga Airport Hotel

Opened
Location: Riga, Latvia

Shopping Centre on Valdeku Street in Riga

Opened
Location: Riga, Latvia

Shopping Centre in Klaipėda

Opened
Location: Klaipėda, Lithuania

Vilnius Business And Retail Park

Planning
Location: Vilnius, Lithuania

MAXIMA Shopping Centre

Planning
Location: Vilnius, Lithuania

NØRDIKA Shopping Valley

Opened
Location: Vilnius, Lithuania

Shopping Centre and Bus Terminal

Opened
Location: Palanga, Lithuania

Mezciems Shopping Centre

Opened
Location: Riga, Latvia

Ukmerges Street Shopping Centre

Opened
Location: Vilnius, Lithuania

NORFA Shopping Centre and Tennis Complex

Opened
Location: Klaipėda, Lithuania

News

The new SĀGA shopping center will create around 500 new jobs

The new SĀGA shopping center scheduled to open this fall will create around 500 new jobs, which together with the adjacent IKEA, will form a new shopping, recreation, health care and leisure hub in Riga. The investments into the new shopping center will reach 68 million euros.

More

Decathlon is expanding in the Baltic States

The world's largest sporting goods retailer Decathlon is expanding its activity in the Baltic States and opening the second store in addition to the one currently operating in Vilnius. The new store will open in Riga in the autumn and will become the largest store in the Baltics.

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Development of Lifestyle Shopping Centre Sāga Begins

The borderland of Riga city and Stopiņi municipality awaits the development of a new lifestyle shopping centre, debuting the concept in Latvia as a place of shopping, recreation, sports and offices. The new centre, located next to “IKEA”, is called Sāga. The expected investments amount to 68 million euros.

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UAB „VPH“ built first A+ energy class MAXIMA store in all of Lithuania

UAB „VPH“ built first A+ energy class MAXIMA store in all of Lithuania.

More

Social responsibility

VPH takes its role as good corporate citizen seriously and is proud of its transparency and reputation.
We are active in supporting various children’s charities in Riga and Vilnius, also children sports clubs including Children Football Academy Geležinis Vilkas and the Hockey Punks Academy, which just became the first team from Lithuania participating at the Quebec International Pee-Wee Hockey Tournament in Canada. VPH has also been a long-time supporter of the Canada stands at the annual Christmas Charity Bazaar put on by the International Women’s Clubs of both Vilnius and Riga.

Team

MANAGEMENT TEAM

James Torpey Chairman of the Board T. +370 685 38234 (Lithuania);
T. +1 416 565 4857 (Canada)
Barry Nabuurs Partner T. +370 631 19167
Arturas Sukys Partner T. + 370 5 261 8888

PROJECT MANAGEMENT TEAM

Rasa Vepštaitė - Baltic Projects Co-ordinator
T. +370 5 261 8888, E. r.vepstaite@vph.lt

Linas Vadeikis - Project Manager Lithuania
T. +370 673 05853, E. l.vadeikis@vph.lt

Juris Barkans - Country Manager Latvia
T. +371 261 37494, E. j.barkans@vph.lv

Janis Lusis - Project manager
T. +371 28 021 421, E. j.lusis@vph.lv

FINANCE TEAM

Rolandas Jurkevičius - Chief Financial Officer
T. +370 614 17032, E. r.jurkevicius@vph.lt

Irena Vaitiekienė - Chief Accountant
T. +370 5 250 3500, E. i.vaitiekiene@vph.lt

Rita Petrošienė - Accountant
T. +370 5 250 3500, E. r.petrosiene@vph.lt

Contacts

Address

Gedimino av. 10-5, LT-01103 (entrance from Totoriu str., 4th floor)
Vilnius, Lithuania

Phone

+ 370 5 261 8888

E-mail

info@vph.lt

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