In 2019, Ober-Haus turnover in Lithuania increased by 13.5 per cent
In 2019, the Ober-Haus the real estate company had a turnover of €4.5 million excl. VAT, which is 13.5 per cent more than in 2018, when revenue was € 3.95 million. Last year’s turnover of Ober-Haus was the highest since 2008.
‘The year 2019 was indisputably an active year both for the real estate market and our company. The result achieved by Ober-Haus is the highest of the past 12 years. We were growing in a consistent and stable pattern all due to our highly motivated, quality driven team inspired by genuine values’, says Audrius Šapoka, the General Manager of Ober-Haus.
In 2019, Ober-Haus in Lithuania concluded 13,000 transactions, among which nearly 1,000 non-commercial real estate sales and 500 lease deals. The company also prepared a record number – 11,500 – property valuation reports, valuation expert analyses and provided countless consultations to clients.
‘The growth of the past year was in essence shaped by the excellent results in valuation operations and specifically by the realisation of new housing projects. This year, we will also be strengthening our position in the commercial real estate sector, where we see space to expand and maximise experience, our business contacts and existing relationships with national and international companies, said Mr Šapoka.
Ober-Haus has operated in Lithuania since 1998 and has offices in Vilnius, Kaunas, Klaipėda, Palanga, Šiauliai, Panevėžys and Druskininkai, employing a total of more than 150 real estate experts. Among the services provided by the Company are real estate and moveable property valuations, business valuations, acting as intermediaries in buying, selling and leasing real estate, property management and market research.
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Ober-Haus Celebrates 25 Years: How Has the Property Market Changed in a Quarter of a Century?
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Buyers Show No Interest in Overpriced Housing
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Office sublease: thousands of invisible square metres
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