LITHUANIA Sirin to invest EUR 100 mln in Kaunas FEZ

The project is to be carried out in several phases. In the first of these, Sirin intends to build 20,000 sqm of warehousing on Jegaines g. by Q3 2023, and in the second phase, more than 43,000 sqm of warehouse space on Gamybos g., which should be completed by the end of 2025.

Within the Kaunas FEZ, which has a strategically convenient location and very well-developed infrastructure, we will offer modern A+ energy class warehouse and administrative facilities that meet the highest sustainability requirements. Companies based here also benefit from tax and other business incentives. We believe the convenient location and chance to rent modern warehouse units of over 1,000 square metres will be of particular interest to companies that are thinking about expanding in Lithuania and want to optimise logistics costs or ensure faster customer service around the country.
Laurynas Kuzavas, the CEO of Sirin Development

The company plans to have invested EUR 100 mln in the development of more than 150,000 sqm of warehousing space in this district by the end of 2026.