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Lithuania: Crowdfunding Platform InRento Attracts €15 Million In Investments

Lithuania: Crowdfunding Platform InRento Attracts €15 Million In Investments
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Vilniaus apskritisGustas germanaviWestern europe

What will younger generation choose in the face of rising property prices?

According to Eurostat data, almost a third of 25–34-year-olds in Lithuania still live with their parents. On average, they leave home at the age of 24.4.

Slovak republicVilniaus apskritisGustas germanaviEuropean unionVilniu new townKauno street

The war in Ukraine is changing the rental market: even with rising prices, there is hardly any supply left in cities

If we look at the rental market in Vilnius, there used to be a price floor throughout the city, i.e. an absolute minimum price per rental unit of between €250 and €300, depending on the residential area. In the last month, it has increased by €100, and today it costs €350-400 to rent a small apartment in the capital for a month.

Vilniaus apskritisGustas germanaviWestern european

Lithuanian startup s merger with European real estate aggregator

EvoEstate, together with InRento, has funded projects worth more than 13 million euros. Their investor base unites over 12 000 investors from various countries.

Gustas germanaviAudrius viGustas germanaviciusTechchill conference

Lithuanian start-up InRento merges with Europe s largest real estate aggregator EvoEstate

According to Gustas Germanavičius, founder and CEO of InRento, after this merger the company will be able to implement its vision faster – to offer more larger-scale rental projects in Europe and attract a bigger number of investors worldwide.

Gustas germanaviAudrius viTechchill conferenceSecondary market

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