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List of shopping malls in Lithuania

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Lithuania has around 15 shopping malls with more than 30,000 m2 (320,000 sq ft) square meters of space. Another two are under construction.

At the end of 2018, the total retail space in shopping centres larger than 5,000 square metres (54,000 sq ft) of gross leasable area and with more than 10 tenants amounted to approximately 1,100,000 square metres (12,000,000 sq ft). At the end of 2018, there were 25 shopping centres in Vilnius; these centres had total leasable area of 453,000 square metres (4,880,000 sq ft).[1] Shopping centers had 248,000 square metres (2,670,000 sq ft) of leasable area in Kaunas, 158,300 square metres (1,704,000 sq ft) in Klaipėda, 109,700 square metres (1,181,000 sq ft) in Šiauliai, and 55,600 square metres (598,000 sq ft) in Panevėžys.[2]

According to real estate firm Ober-Haus, Lithuanian shopping malls produced 6.7–8.8% investment yield in 2015.[3] According to real estate analysts at DTZ, Lithuanian shopping malls are very well developed and competitive, but the market itself is still under-supplied. As of 2012, Vilnius was estimated to have the lowest stock in Northern Europe and the most growth potential in entire European Union.[4] The vacancy rate of shopping centres in Vilnius has remained below 1% since 2013.[1]

List by total floor area

The list was last updated in 03/2018.

Mall City Opened in Total area Shops Remarks References
1 Akropolis Vilnius 2002 109,775 m2 (1,181,610 sq ft) 240+ The largest shopping mall in the Baltics by floor area. [5][6][7]
2 PLC Mega Kaunas 2005 102,000 m2 (1,100,000 sq ft) 200+ It was renovated and expanded in 2016 [8][9][10]
3 URMAS Kaunas 1992 90,000 m2 (970,000 sq ft) 2000+ Many individual sellers. More of a traditional marketplace than shopping mall. Renovated in 2016. [11]

[12][13][14]

4 Akropolis Kaunas 2007 81,000 m2 (870,000 sq ft) 280+ Initially planned in the suburb of Biršuliškės, but built in the city center. Owned by Deka Immobilien GmbH. Renovated in 2019. [7][15][16]
5 Gariūnai Market Vilnius 2010 (expanded) 80,000 m2 (860,000 sq ft) 2000+ Many individual sellers. More of a traditional marketplace than shopping mall. [17][18]
6 Akropolis Klaipėda 2005 76,410 m2 (822,500 sq ft) 240+ [19][20]
7 Akropolis 2 Vilnius 2021 (expected) 70,000 m2 (750,000 sq ft) Under construction south of Vingis Park [21][22][23]
8 Panorama Vilnius 2005 65,000 m2 (700,000 sq ft) 180+ Owned by E.L.L. Real Estate [24][25]
9 PC Ozas Vilnius 2009 62,000 m2 (670,000 sq ft) 170+ [26][27][28][29]
10 Vilnius OUTLET Vilnius 2020 (expected) 62,000 m2 (670,000 sq ft) 150+ Under construction at V.Pociūno g. 2. Will specialize in outlet stores. [30]
11 Bruklinas Šiauliai 2007 56,000 m2 (600,000 sq ft) 130+ [31][32][33]
12 Akropolis Šiauliai 2009 49,000 m2 (530,000 sq ft) 150+ [34][35]
13 Ogmios miestas Vilnius 2010 (rebuilt) 43,000 m2 (460,000 sq ft) 100+ Originally launched in 1993. Also comprises logistics and office buildings [36][37][38][39]
14 Big1 & Big2 Klaipėda 2004 & 2008 40,000 m2 (430,000 sq ft) 140+ [40][41][42]
15 Nordika Vilnius 2015 38,000 m2 (410,000 sq ft) 50+ Located next to IKEA Vilnius. Owned by Estonian Nantucket Holdings OU [43][44][45][46]
16 PC Mada Vilnius 2003 34,000 m2 (370,000 sq ft) 100+ [47][48]
17 Banginis Klaipėda 2008 30,000 m2 (320,000 sq ft) 30+ [49]
18 PC RYO Panevėžys 2005 28,000 m2 (300,000 sq ft) 140+ Owned by Pontos Group. Formerly known as "Babilonas" [50][51][52]
19 Banginis Vilnius 2004 28,000 m2 (300,000 sq ft) 10+ [53][54]
20 BIG Vilnius Vilnius 2006 28,000 m2 (300,000 sq ft) 70+ [55][56]
21 CUP Vilnius 1974 27,000 m2 (290,000 sq ft) 150+ Renovated in 2013 [57][58]
22 Saulės miestas Šiauliai 2007 25,000 m2 (270,000 sq ft) 100+ [59][60]
23 PC Europa Vilnius 2004 22,000 m2 (240,000 sq ft) 70+ [61][62]
24 PC Molas Kaunas 2003 22,000 m2 (240,000 sq ft) 50+ Owned by Westerwijk investments. [63][64][8][15][65]
25 Hyper Maxima Kaunas 2003 22,000 m2 (240,000 sq ft) 30+ Renovated in 2014 [66][67][68]
26 Parkas Outlet Vilnius 2010 (exp. in 2016) 15,000 m2 (160,000 sq ft) 90+ Part of Ogmijos prekybos miestelis. Parkas Outlet specialises in clothing. [69][70][71]
27 PC Grandus Klaipėda 2005 14,000 m2 (150,000 sq ft) 20+ [72][73][74][75][76]
28 Savas Kaunas 2004 13,000 m2 (140,000 sq ft) 50+ [77][78]
29 G9 Vilnius 2007 12,000 m2 (130,000 sq ft) 50+ Previously known as Gedimino 9 and GO9. Located on Gediminas Avenue in a building formerly occupied by Vilnius City Municipality. The first owner declared bankruptcy in 2010. The mall was renovated in 2013 and 2019. [79][80][81]
30 Domus Pro Vilnius 2014 12,000 m2 (130,000 sq ft) 20+ [82][83]
31 Eifelis Ukmergė 2007 12,000 m2 (130,000 sq ft) 30+ [84]
32 River Mall Kaunas 2017 11,000 m2 (120,000 sq ft) 20 [85]
33 Studlendas Klaipėda 2007 10,799 m2 (116,240 sq ft) 50+ [86][87]
34 Mandarinas Vilnius 2005 10,000 m2 (110,000 sq ft) 40+ Owned by Citycon Oyj [88][89][90][91][92][93]
  • Interior of Akropolis Kaunas
    Interior of Akropolis Kaunas
  • Interior of Akropolis Klaipėda
    Interior of Akropolis Klaipėda
  • Interior of GO9 in Vilnius, decorated for Christmas
    Interior of GO9 in Vilnius, decorated for Christmas
  • Exterior of Akropolis Vilnius
    Exterior of Akropolis Vilnius
  • Exterior of PLC Panorama
    Exterior of PLC Panorama
  • Exterior of Saulės Miestas
    Exterior of Saulės Miestas

See also

References

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  2. ^ "Komercinio nekilnojamojo turto rinkos komentaras 2018 m. I pusm" (PDF) (in Lithuanian). Ober-Haus. 28 August 2018. p. 7.
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