PL

LITHUANIA Western Union signs year’s largest lease

Office & mixed-use development
Western Union Processing Lithuania has leased all of the office space – more than 15,000 sqm – in the Gama building of the Technopolis Ozas business park in Vilnius.

The new lease, together with its renewal of space already leased in the Delta building, means that the subsidiary of Western Union, occupies 25,000 sqm within the office park. The transaction is the biggest lease on the Vilnius office market this year. Newsec represented the tenant during the negotiations.

Technopolis Ozas is situated on Balčikonio street, 5 km north of the city centre. Its five buildings – Alfa, Beta, Gama, Delta and Penta – contain more than 77,000 sqm of leasable space. All the buildings are LEED ‘Gold’ certified. The developer and owner of the complex is Technopolis.

Business campuses with common infrastructure are an extremely convenient solution that also ensures flexibility. In this way we can guarantee smooth growth for our tenants in a single campus, without the distraction of them having several sites across the city. In our seven years of operations in Lithuania, we’ve also become convinced that the wide range of added office services we offer meets the quality requirements for not only small and mid-sized companies, but also of major tenants like WU.
Lina Maskoliūnė, the head of the Lithuanian business region at Technopolis

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