Real Estate | Gediminas Ziemelis
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Real Estate

Up to 1 000 000 sq. m. of real estate managed in different projects. A total of EUR 93 million worth of transactions in 2005-2014.

Zverynas Lofts

First loft project in the renowned district of Zverynas, Zverynas lofts consists of over 60 spacious apartments designed to suit the needs of modern city residents.

Smolenskas Business Centre

10 000 sq. m. class B business centre with car parks (5 min. to the airport, 3 min. to the old town). 100% occupied by long-term lease contracts.

Puntukas Business Centre

12 000 sq. m. class B office building. Start of development: 2015 01 01, after moving the manufacturing to different facilities.

VA Reals

Real estate holding company, specializing in management of commercial, warehousing and manufacturing buildings.


Raigesta, UAB real estate complex consists of eight industrial – administrative buildings in Vilnius. The company owns and leases the premises to a number of third party tenants.

Avia Solutions Group

Investing in sustainable real estate projects and managing over 177 000 sq. m of property.

For many years, Avia Solutions Group has been utilising their extensive resources and knowledge base to wisely invest in attractive real estate projects that display significant developmental potential. Across a broad spectrum of assets, including aircraft hangars, ground handling facilities and other airport infrastructure, hotels offices, commercial buildings and arenas, the group is proud to showcase their widely diverse real estate portfolio.

Avia Solutions Group manages over 177 000 sq. m of various property in Lithuania and Cyprus. Group companies own 64 000 sq. m of industrial purpose buildings, around 29 000 sq. m administrative buildings and more than 21 000 sq. m of hotel, catering and entertainment hosting purpose buildings.

Avia Solutions Group invests in long-term and sustainable real estate projects across multiple horizons. The company manages a number of prestigious properties in various cities across the region and operates with a primary focus on diversification, along with unique modern projects demonstrating insightful development potential.

Among its flagships is the Avia Solutions Group arena – the first international-standard multi-purpose arena in the Republic of Lithuania, which acts as host to a diverse catalogue of major entertainment, sporting, and business events.

Avia Solutions Group not only manages but also develops property projects. Currently, there are over 60 000 sq. m of property being developed all around Lithuania. The group coordinates all development activities, converting ideas from paper to real property – from plans to construction, to amenities, to welfare. Avia Solutions Group focuses on developing modern, unique and sustainable property projects.


Industrial purpose buildings

Among other industrial manufacturing facilities – hangars are located in both: Vilnius and Kaunas, Lithuania designed for private and commercial aircraft of different sizes as well as helicopters and engine shop services.

Industrial property is also used for storage and distribution services.

Main addresses:

  • Rodunios kelias 2, Vilnius, Lithuania
  • Oro uosto st. 4, Karmelava, Kaunas distr., Lithuania
  • Aviacijos st. 4, Kaunas, Lithuania
  • Europos Ave 5, Kaunas, Lithuania

Administrative buildings

Office buildings in Vilnius, Lithuania and Limassol, Cyprus have fully established infrastructure and all the necessary facilities constructed according to the highest standards. Major attention is paid to ensure the functionality and safety of the managed administrative buildings while creating attractive and interesting spaces.

Main addresses:

  • 117 Arch. Makariou Ave., 5th Floor, Office 505, 3021 Limassol, Cyprus
  • Dariaus ir Gireno st. 21a, LT-02189 Vilnius, Lithuania

Hotel, entertainment, catering

Loop Hotel is contemporary hotel in Vilnius, Lithuania, situated close to the main airport, catering for various travel needs.

Avia Solutions Group arena – the first international-standard multi-purpose arena consistently hosting a broad spectrum of quality entertainment and commercial experiences.

Main addresses:

  • Dariaus ir Gireno st. 21, Vilnius, Lithuania
  • Ozo st. 4, Vilnius Lithuania

Training centers

BAA training – one of the Top 3 biggest independent aviation training centers in Europe. Delivering individual and flexible aviation training solutions for both – individuals and companies worldwide. Modern and convenient training facilities for future aviation specialists.

Main address:

  • Dariaus ir Gireno st. 21, Vilnius, Lithuania

Currently developing

Avia Solutions Group companies invest in developing long-term and sustainable real estate projects across multiple horizons throughout Lithuania. Currently, group companies develop a diverse portfolio of administrative, industrial and entertainment properties.