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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

UNA Retail Park on Moletu Road in Vilnius

Stock Office, Car Wash and Restaurant Building development in Riga

Kurna Park in Tallinn

Vikingu Business Valley in Vilnius

Fabrika Retail Park and Offices Complex in Riga

Vilnius Business and Retail Park

Student Housing “SHED Co-living Vilnius“

LIDL Shopping Centre on Valdeku Street 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 concept retail park “Kurna Park” adjacent to IKEA opens next August in Tallinn

September 14th, 2022

Building permit for “Vikingu Business Valley” development has been obtained

September 9th, 2022

New retail space in the center of Riga

June 30th, 2022

VPH is developing a new retail park on Valmieras Street, the total investment of which will be up to 40 million euros.

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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.