Colliers: Lithuanian warehouse market set for rapid growth

Property adviser Colliers International said on Thursday that the Lithuanian warehouse market is growing rapidly on the back of demand from logistics firms and foreign companies. At the end of the first half of 2007, the total warehouse stock in the Vilnius region was estimated at 240,000 m[sup]2[/sup] and a further 150,000 m[sup]2[/sup] is due to be added in the next two to three years.

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