News - 2022

In October of 2022, Realco announced a one-stage invitational architectural competition for a block of residential buildings on 1 Parodų St. in Vilnius. Competitive design proposals were submitted by three teams of architects. The proposals will be assessed in a closed meeting by a committee of the developer’s representatives, qualified independent architects and the chief architect of the Vilnius Cit...

The real estate developer Realco has begun construction on a new residential project in Antakalnis and is now offering apartments for sale. This small higher-class development, known as Vileišio 27, will rise up on the banks of the Neris. Construction work is set to be completed within a year and a half. Realco will be investing 12 million euros in the development. ‘We believe in this project, as do o...

This week, the real estate developer Realco has begun demolition work on the above-ground structures of a commercial property formerly known as the Ibrahim building. In place of the property, located in the city’s central business district, Realco plans to erect Hero, the first health-oriented office complex in Lithuania. ‘After an intense two years of work on the blueprints and getting them approved,...

Vilnius City Municipality has issued a permit for the construction of the Hero business centre owned by Realco, a real estate development company, in the central business district of the capital city, Lvivo Street (formerly Lvovo Street). “This is very good and long-awaited news. We had planned to start construction of the Hero business centre as soon as we received the building permit, but due to the...