Galio Group
Galio Group is a Baltic real estate developer building BREEAM-certified residential apartments and A-class commercial business centers across Lithuania, Latvia, and Poland, serving individual home-buyers and enterprise tenants such as SEB, Swedbank, and Danske Bank.
- Company typePrivate
- Founded2020
- HeadquartersVilnius, Lithuania
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Galio Group does
Galio Group is a privately held Baltic real estate development and management company headquartered in Vilnius, Lithuania, with regional operations in Latvia and a recently announced entry into Poland. The firm develops two principal product lines: residential properties (apartments, semi-detached houses, and mixed residential quarters such as reVingis, Mosso, CityZen, Namai-Kintai, Jomanto Parkas, Žvėryno Parkas, and Remarco) for individual buyers, and commercial properties (A-class business centers and mixed-use complexes including WAVE, S7, Freedom 36, GUSTAVS, and STOCK-O) leased to enterprise tenants and, in some cases, sold to investment funds. Core technical differentiators include BREEAM sustainability certifications (New Construction Excellent and Very Good ratings, including the first BREEAM Excellent Fully-Fitted certificate in Latvia for the GUSTAVS building), A++ and A+ energy efficiency standards, on-site solar generation, smart building management systems, and EV charging infrastructure.
The company makes money through two principal revenue streams: one-time residential unit sales and, less frequently, large commercial property divestitures (e.g., Freedom 36 sold to GROA Capital in 2022, Wave business center transfer agreed for 2026); and recurring commercial rental income from office and retail leases with corporate tenants such as SEB Global Services, Swedbank, Danske Bank Global Services, DB Schenker, Girteka, Decathlon, LEMONA electronics, and Nordcurrent Group. Pricing is project-specific and negotiated individually, with installment payment options offered on residential units and promotional discounts used to clear inventory. The go-to-market is direct: on-site showrooms and a project-specific digital presence on galio.lt handle residential sales, while an in-house rental team negotiates commercial leases with enterprise tenants, supported by third-party brokers (e.g., Colliers International Advisors on the DB Schenker transaction) where useful. Galio Group reports approximately €300M in managed property value, ~212,000 m² of implemented and in-progress project area, 11 active development projects, and a headcount of 11–50 employees.
Galio Group firmographics
Firmographics- Name
- Galio Group
- Legal name
- GALIO GROUP, UAB
- Website
- https://galio.lt
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Galio Group is a Baltic real estate developer building BREEAM-certified residential apartments and A-class commercial business centers across Lithuania, Latvia, and Poland, serving individual home-buyers and enterprise tenants such as SEB, Swedbank, and Danske Bank.
- Ownership category
- akta.pro rank
Where Galio Group is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices5 records
Markets served
Galio Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Residential Property Sales: Development and sale of new apartments and houses to individual buyers. Revenue recognized upon property handover. The company sells both standard apartments and premium units with terraces/balkonies, as well as semi-detached houses (kotedžai).
- Commercial Property Leasing: Leasing of office and retail spaces to businesses in company-developed business centers. Revenue recognized through rental income from tenants such as SEB Global Services, Swedbank, DB Schenker, Girteka, and others.
- Mixed-Use Development Sales: Sale of completed commercial complexes (such as Freedom 36/Girteka Park sold to GROA Capital, Wave center partially sold/transferred to GROA Capital), representing major one-time revenue events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Residential apartments - various sizes and configurations |
| Subscription | Annual | Commercial office spaces - flexible configurations |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Galio Group product offering
Product offeringCore offering
Galio Group is a real estate development company that designs, builds, and sells or leases residential apartments and houses, as well as commercial office and business center properties, across Lithuania, Latvia, and Poland. The company operates two main segments: residential development (apartments, semi-detached houses, multi-phase residential quarters) for individual buyers, and commercial development (BREEAM-certified business centers, mixed-use complexes) for corporate tenants and investors. Their portfolio includes flagship projects such as WAVE, S7, FREEDOM 36, GUSTAVS business centers, and residential quarters like reVingis, Mosso, CityZen, and Namai-Kintai.
Product overview
Galio Group is a real estate development company operating in Lithuania, Latvia, and Poland, specializing in sustainable residential and commercial property development. The company operates two main divisions: residential projects for living (Gyvenimui) including apartments and houses (reVingis, Mosso, Namai-Kintai, CityZen, Jomanto parkas, Žvėryno parkas, Remarco) and commercial projects for business (verslui) including business centers (WAVE, FREEDOM 36, S7, GUSTAVS) and mixed-use complexes (STOCK-O). The portfolio spans over 300 million EUR in managed property value and 212,000 sq.m of implemented and developing projects, with strong focus on BREEAM sustainability certifications and A/A+ energy efficiency standards.
Differentiator
Problem solved
Functional benefit
Products and services
- WAVE Business Center Six-storey business complex at Savanorių pr. 5 in Vilnius Naujamiestis district, offering approximately 9,851 m² of office and commercial space with BREEAM Very Good certification, solar panels generating up to 5% of electricity, and 250 parking spaces. Anchor tenants include Swedbank, DB Schenker, and Nordcurrent Group.
- FREEDOM 36 Business Center Six-storey business center on Laisvės prospektas in Karoliniškės district, Vilnius, with A+ energy class and BREEAM Very Good rating, 376 parking spaces, and 20 electric car charging stations. Acquired by Girteka for their central headquarters (approximately 12,500 m²).
- S7 Business Complex Former factory transformed into A+ energy class business complex in Žvėrynas district, Vilnius, featuring 12,000 m² office space, BREEAM New Construction Excellent certification, and 85% construction waste recycling. Home to Danske Bank Global Services (1,000+ employees) and Telia Lithuania. Recognized as 7th best workplace globally by Leesman+ in 2018.
- GUSTAVS Business Center Multi-building business center complex in Riga's VEF district, Latvia. First building in Latvia to receive BREEAM Excellent Fully-Fitted certification. Approximately 11,000 m² leased to SEB Global Services for over 1,000 employees. Additional tenants include Rimi and iLunch.
- reVingis Residential Quarter Large multi-phase residential quarter near Vingis park in Vilnius, consisting of 4 apartment blocks with 14 residential buildings and approximately 600 apartments. Features riverside location along the Neris river. Phase 2 'Park Space' represents ~€38 million investment.
- Mosso Housing Quarter Residential quarter in Burbiškių forest area of Vilnius, developed as a low-rise construction project. First phase offers 169 apartments, with an additional 80 apartments added in September 2025. Currently among the best-selling projects in Vilnius housing market.
- Namai-Kintai Residential Project Four-storey apartment building with 12 cottage-type houses in Šnipiškės district, Vilnius. 121 apartments (24-72 m²) and 12 cottages (from 108 m²) with underground parking for 138 cars. Total investment €14.5 million including VAT.
- CityZen Residential Complex A++ energy efficiency class residential complex in Šeimyniškių Street, Vilnius. 274 apartments across 7 blocks in two phases, with 24 non-standard two-storey dwellings featuring British-style courtyards.
- STOCK-O Commercial Complex Multi-functional commercial complex in Klaipėda near Decathlon, consisting of 30+ units across three A+ energy class buildings totaling approximately 9,000 m². Combines office, warehouse, retail, and production spaces. Tenants include LEMONA electronics.
- Jomanto Parkas Residential Quarter Residential quarter in Baltupiai district of Vilnius, offering both standard and furnished apartments. Promotional discount of up to €10,000 for remaining units.
- Žvėryno Parkas Residential Project Multi-apartment building in Žvėrynas district, Vilnius. The first residential building in Lithuania to receive a sustainability certificate. Recognized in 2023 as the first multi-building residential development in Lithuania with sustainability certification.
- Remarco Residential Project Residential project in Markučiai microregion of Vilnius, with building permit received in August 2025.
Quantifiable outcome
- Leesman+ 7th best workplace globally (2018) for S7 complex, demonstrating superior employee environment quality
- +4 more outcomes
Companies that use Galio Group
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
Galio Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Galio Group partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered major, minor and core.
- AgentusmajorAgentus signed general contractor agreement for reVingis Phase 2 (Park Space quarter) - 155 apartments with investment of approximately €38 million.
- LEMONA electronicsminorLEMONA electronics leased space in STOCK-O complex in Klaipėda for physical retail store, e-commerce pickup point, and wholesale operations.
- Via StellamajorVia Stella completed construction of the Namai-Kintai residential project in Vilnius. Total investment was approximately €14.5 million including VAT.
- Aketuri ArchitektaimajorAketuri Architektai served as architects for CityZen residential project (274 apartments) and reVingis Phase 2 (Park Space).
- UnitectusmajorUnitectus architects (Tauras Paulauskas and Tomas Tankelevičius) designed Freedom 36 business center and interior design by DO architects.
- SEB Global ServicescoreSEB Global Services signed a lease agreement with Galio Group for approximately 11,000 m² in the Gustavs Business Center in Riga, accommodating over 1,000 employees. SEB serves as anchor tenant for the development.
- MerksmajorMerks served as construction company for the Gustavs Business Center in Riga, Latvia. The six-storey office building meets BREEAM New Construction Excellent standards.
- Vilnis MičulismajorVilnis Mičulis architectural studio served as architects and project authors for Gustavs Business Center in Riga.
- Nordcurrent GroupminorNordcurrent Group (gaming company) leased office space in Wave business center.
- SwedbankmajorSwedbank leased approximately 2,000 m² in Wave business center for their consultation center and customer service branch, employing over 170 specialists.
- MonolitusmajorMonolitus served as general contractor for the Namai-Kintai residential project in Šnipiškės, Vilnius. The contract was valued at approximately €11.1 million for 123 apartments and 12 semi-detached houses.
- DB SchenkermajorDB Schenker leased approximately 1,000 m² in Wave business center, relocating their headquarters from Trakai district. Transaction facilitated by Colliers International Advisors.
- Colliers International AdvisorsminorColliers International Advisors acted as intermediary broker for the DB Schenker office lease transaction in Wave business center.
Scale indicators10 records
Recent moves10 records
Expansion highlights6 records
Galio Group competitors and assessment
Company assessmentBroad incumbents
- HB Reavis: HB Reavis is a larger European commercial real estate developer operating in the Baltics, Czech Republic, Slovakia, and UK. Comparable to Galio as a BREEAM-certified office developer, though at materially larger scale and broader geographic footprint.
Direct peers
- Hanner: Hanner is one of the largest residential and commercial real estate developers in the Baltic states, headquartered in Lithuania. It develops apartments and business centers across Vilnius, Riga, and Warsaw, making it the closest direct competitor to Galio's three-country Baltic-plus-Poland footprint.
- YIT Lietuva: YIT Lietuva is the Lithuanian arm of Finnish construction and development group YIT, building residential apartments, business premises, and infrastructure in Vilnius. Comparable to Galio in mixed residential/commercial focus, energy-efficiency standards, and direct-sale B2C apartment model.
- Merko Ehitus: Merko Ehitus is an Estonian-listed construction and real estate development group operating across the Baltics, with significant residential apartment development in Tallinn, Riga, and Vilnius. Highly comparable to Galio in scale, multi-country residential/commercial mix, and Baltic developer profile.
- Bonava: Bonava is a Swedish-listed residential developer with active Baltic operations building multi-family apartments for sale to homeowners. Directly comparable to Galio's residential apartment-for-sale model, particularly in Vilnius and Riga.
- Darnu Group: Darnu Group is a Lithuanian real estate developer focused on premium residential apartment projects in Vilnius. Directly comparable as a Lithuanian-headquartered B2C apartment developer competing in the same Vilnius micro-markets as Galio's reVingis, Mosso, and Remarco.
- Pro Kapital Grupp: Pro Kapital is a Baltic real estate developer listed in Tallinn, developing premium residential and commercial projects in Tallinn, Riga, and Vilnius. Comparable to Galio in multi-country Baltic premium residential and mixed-use development focus.
- E.L.L. Real Estate: E.L.L. Real Estate is a Lithuanian commercial real estate developer and investment company developing A-class business centers in Vilnius. Directly comparable to Galio's WAVE, S7, and Freedom 36 commercial office pipeline.
Regional players
- Echo Investment: Echo Investment is one of the largest Polish residential and commercial real estate developers. Directly comparable to Galio as it represents the established incumbent competition that Galio's newly announced Polish market entry will face.
Others
- Eften Capital: Eften Capital is a Baltic-focused real estate investment fund manager investing in commercial properties across Estonia, Latvia, and Lithuania. Comparable to GROA Capital (Galio's buyer) — represents the demand-side ecosystem counterpart for stabilized Baltic commercial assets that Galio produces.
Market position
Strengths2 records
Weaknesses5 records
Competitive moat5 records
Key highlights7 records
Customer concentration
Galio Group social profiles
Digital presenceGalio Group compliance and trust
Trust signalCompliance11 records
Galio Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Galio Group leadership team
Management profileNumber of profiles
Profiles6 records
Galio Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Galio Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Galio Group
What does Galio Group do?
Galio Group is a real estate development company that designs, builds, and sells or leases residential apartments and houses, as well as commercial office and business center properties, across Lithuania, Latvia, and Poland. The company operates two main segments: residential development (apartments, semi-detached houses, multi-phase residential quarters) for individual buyers, and commercial development (BREEAM-certified business centers, mixed-use complexes) for corporate tenants and investors. Their portfolio includes flagship projects such as WAVE, S7, FREEDOM 36, GUSTAVS business centers, and residential quarters like reVingis, Mosso, CityZen, and Namai-Kintai.
Is Galio Group a public or private company?
Galio Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Galio Group founded?
Galio Group was founded in 2020. It employs 11 to 50 people.
Where is Galio Group based?
Galio Group is headquartered in Vilnius, Lithuania, in the Europe region.
How does Galio Group make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are commercial Property Leasing and mixed-Use Development Sales.
Who are Galio Group's main competitors?
HB Reavis is listed as a broad incumbent. Direct peers are Hanner, YIT Lietuva, Merko Ehitus, Bonava, Darnu Group, Pro Kapital Grupp and E.L.L. Real Estate. Echo Investment is listed as a regional player. Eften Capital is listed as an others.
Does Galio Group have an API?
No public API is recorded for Galio Group.