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Developer and manager of world-class commercial real estate for international and strong domestic tenants across the Baltic States

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Based in Vilnius, Lithuania, with an office in Riga, Latvia, the VPH Group is one the largest commercial retail developers in the Baltic States. VPH has 35 years of commercial / retail real estate development, asset management, investment and real estate investment banking experience in  both Europe and Canada.

We develop and manage top quality commercial real estate for international brands and major domestic tenants in the main cities of all three Baltic States.

The VPH Group selects and acquires land plots, creates concepts, designs the buildings and leases them, structures private equity investment, organizes third party financing, constructs the buildings before finally divesting the project.

We have developed real estate projects of various sizes and types in Vilnius, Kaunas, Klaipeda, Palanga (Lithuania), Riga (Latvia), Tallinn and Parnu (Estonia). Additionally to our focus on commercial retail developments, VPH is also involved in investing in developing hotels, managing development processes for our partners and investors and developing projects for third parties.

VPH-projects-in-the-pipeline-4

nearly € 200 million of projects in the pipeline

VPH-tenant-partner-relationship-is-key

Tenant partner relationship is key

VPH-square-meters

Almost 100.000 m2 under planning & development

VPH-regularly-exceeding-investors-expectations

Regularly exceeding investors expectations

completed-development-projects

More than € 300 million in completed development projects in the Baltics

VPH-proven-track-record

Proven track record in Europe and North America

Our projects

Under development
Completed

Retail Park “UNA” on Moletu Road in Vilnius

Fast Food, Turbo Car Wash and Retail complex in Riga

Shopping Centre in Parnu

Kurna Park in Tallinn

Vikingu Business Valley in Vilnius

Fabrika Retail Park and Offices Complex in Riga

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Student Housing “SHED Co-living Vilnius“

LIDL Shopping Centre on Valdeku Str. in Riga

Hampton by Hilton Riga Airport Hotel

Sāga Lifestyle Shopping Center in Riga

Park Inn by Radisson Vilnius Airport Hotel & Business Centre

Retail Park Liepu 81 in Klaipeda

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News

New Retail and Service Complex in Riga next to IKEA and SAGA Shopping centers

December 6th, 2022

FABRIKA Retail Park & Offices project among the winners of the BRELF Awards 2022

October 14th, 2022

The building permit has been obtained to build a new RIMI-anchored Shopping Centre in Pärnu

September 27th, 2022

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Membership in professional organizations

As one of the largest commercial real estate developers in Lithuania, VPH actively participates in the activities of real estate developers and investors community.

We are a member of the “Investors’ Forum” Association, which unites the largest and the most active investors operating in Lithuania.

We‘re also a part of the Lithuanian Real Estate Developers Association and the Alliance of Real Estate Developers of Latvia.

Social responsibility

Contacts

Management team

James Torpey
Partner

+370 685 38234 (Lithuania)

+1 416 565 4857 (Canada)

Barry Nabuurs
Partner

+370 631 19167

Arturas Sukys
Partner

+370 5 261 8888

Finance team

Rolandas Jurkevičius
Chief Financial Officer

+370 614 17032

Irena Vaitiekienė
Chief Accountant

+370 5 250 3500

Rita Petrošienė
Accountant

+370 5 250 3500

Project management team

Linas Vadeikis
Project Manager

+370 673 05853

Rasa Vepštaitė
Project Manager

+370 696 36045

Management team

Juris Barkans
Country Manager

+371 261 37494

James Torpey
Partner

+370 685 38234 (Lithuania)

+1 416 565 4857 (Canada)

Barry Nabuurs
Partner

+370 631 19167

Arturas Sukys
Partner

+370 5 261 8888

Finance team

Rolandas Jurkevičius
Chief Financial Officer

+370 614 17032

Project management team

Janis Lusis
Project Manager

+371 28 021 421

Raivo Kalderauskis
Project Manager

+371 26517564

Airita Olehnovica
Assistant Project Manager

+371 26584002

Management team

Barry Nabuurs
Partner

+370 631 19167

Finance team

Rolandas Jurkevičius
Chief Financial Officer

+370 614 17032

Project management team

Rasa Vepštaitė
Project Manager

+370 696 36045

If you are interested
in our projects,
looking for a premises to rent
or wish to discuss cooperation opportunities,
please contact us.