UAB City Service LT

What UAB City Service LT does

City Service SE (operating as "City Service") is a Baltic property and facility management company incorporated in Estonia as a Societas Europea and listed on the Warsaw Stock Exchange. The group provides an integrated portfolio of services to residential and commercial property owners across Lithuania, Latvia, and Estonia, including multi-apartment building management, commercial premises management, commercial cleaning, and real estate management. Operations are delivered through a network of wholly-owned operating subsidiaries—Mano Būstas (Lithuanian residential management), CS Engineering (technical services), Mana Majas (Latvian operations), City Service Cleaning, and Monto—each running under its own regional brand while sitting within a single corporate group.

The revenue model is built on recurring, contract-based service fees. Property management is priced per square meter of managed area; commercial cleaning, engineering, and real estate management are delivered through long-term contracts with both commercial property owners and homeowner associations. The customer base is split between residential HOAs and property owners (primary) and commercial real estate owners and investors (primary), with a sales-led, relationship-based B2B motion focused on contract renewals and cross-sell of adjacent facility services. Distribution is direct, with no resellers or intermediaries in the go-to-market.

Following the exit of Poland, the CIS, and Spain by 2024, City Service has concentrated its operations entirely within the three Baltic states, where it manages approximately 16.28 million square meters of property as of 2025. In FY2025 the company reported €115.6 million in sales from continuing operations in the Baltic countries, €9.6 million in net profit (up from €6.5 million in 2024), and an 11.30% EBITDA margin (improving from 9.55%). The business is asset-light by nature—service delivery rather than owned property—and the company maintains a formal dividend policy committing to distribute at least 25% of net profits annually. With 31.6 million shares outstanding and a €9.5 million share capital, City Service SE trades as a small-cap on the Warsaw Stock Exchange under Estonian incorporation, with sustainability positioning (environmental practice, employee welfare, community responsibility) featured as a brand pillar.

Name

UAB City Service LT

Legal name

City Service SE

Website

https://cityservice.lt

Company type

Public

Operating status

Operating

Headcount range

11–50 employees

Short description

City Service SE is a publicly listed Baltic property and facility management company serving residential HOAs and commercial property owners across Lithuania, Latvia, and Estonia. It provides integrated residential building management, commercial property management, cleaning, and engineering services via wholly-owned subsidiaries.

Ownership category

akta.pro rank

Product category

Property and Facility Management Services

NAICS

Services to Buildings and Dwellings (5617)

SIC

Services-To Dwellings & Other Buildings (7340), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Mixed-Use Property Management (BPAJAGAE)

akta.pro secondary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Property management services
• Facility management services
• Building maintenance services
• Commercial cleaning services
• Real estate management

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Property Management Services: Long-term property management contracts for multi-apartment buildings and commercial premises, including maintenance, repairs, and administrative services. Revenue derived from monthly service fees based on managed property area.
2. Commercial Cleaning Services: Professional cleaning services for commercial properties and office buildings, typically billed on recurring contracts or one-time service agreements.
3. Engineering and Technical Services: Technical maintenance and engineering services for building systems, provided through subsidiary CS Engineering.
4. Real Estate Management: Comprehensive real estate management services covering property administration, tenant relations, and asset optimization.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

City Service SE provides integrated property and facility management services for residential multi-apartment buildings, commercial premises, and real estate assets across the Baltic region (Lithuania, Latvia, Estonia). Core offerings include residential building management, commercial property management, commercial cleaning services, and real estate management, delivered through wholly-owned subsidiaries (Mano Būstas, CS Engineering, City Service Cleaning, Mana Majas, Monto) and billed primarily as recurring contracts based on managed property area.

Product overview

City Service SE operates as a facility management company offering an integrated portfolio of services for residential and commercial properties. The core offerings include Residential Building Management (Daugiabučių namų valdymas), Commercial Property Management (Komercinių patalpų valdymas), Commercial Cleaning Services (Komercinės valymo paslaugos), and Real Estate Management (Nekilnojamo turto valdymas). The company also operates several subsidiary brands including Mano Būstas (Lithuanian residential management), CS Engineering (technical services), Mana Majas (Latvian operations), City Service Cleaning (cleaning services), and Monto (additional facility services). The group combines experience, innovation, and sustainability principles to ensure highest quality property care while increasing asset value through operational efficiency and long-term durability.

Differentiator

Problem solved

Functional benefit

Brands

• Mano Būstas: Property management services for residential buildings in Lithuania
• CS Engineering
• Mana Majas
• City Service Cleaning
• Monto

Products and services

• Residential Building Management (Daugiabučių namų valdymas) Management and maintenance services for multi-apartment residential buildings, providing property care and asset value preservation for homeowner associations and residential property owners in the Baltic region.
• Commercial Property Management (Komercinių patalpų valdymas) Management services for commercial premises including office buildings, retail spaces, and industrial facilities, focused on operational efficiency and quality facility care for commercial property owners and investors.
• Commercial Cleaning Services (Komercinės valymo paslaugos) Professional commercial cleaning services for business facilities, office buildings, and commercial properties, delivered through the City Service Cleaning subsidiary brand.
• Real Estate Management (Nekilnojamo turto valdymas) Comprehensive real estate property management services to preserve and increase property value through operational efficiency and long-term sustainability for property owners and real estate investors.
• Mano Būstas (Residential Building Management — Lithuania) Subsidiary brand providing multi-apartment residential building management and maintenance services in Lithuania, part of the City Service SE group's integrated property management network.
• CS Engineering Subsidiary brand providing engineering and technical building services, including maintenance and technical support for building systems and infrastructure within the City Service SE group.
• Mana Majas (Residential Building Management — Latvia) Subsidiary brand providing building management services in Latvia, extending the City Service SE group's residential and commercial property management coverage across the Baltic region.
• City Service Cleaning Subsidiary brand providing commercial and residential cleaning services as part of the City Service SE group's integrated facility management offering.
• Monto (Real Estate Management) Subsidiary brand providing additional real estate management and facility management services as part of the City Service SE group's portfolio.

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core subsidiary.

• Mano Būstas (UAB)core subsidiaryOthersSubsidiary company providing residential multi-apartment building management services in Lithuania. Part of integrated service delivery network.
• CS Engineeringcore subsidiaryOthersSubsidiary company providing engineering and technical maintenance services for building systems and infrastructure.
• Mana Maja (SIA)core subsidiaryOthersSubsidiary company providing property management services in Latvia, extending regional coverage.
• City-Service Cleaningcore subsidiaryOthersSubsidiary company providing commercial and residential cleaning services as part of integrated facility management.

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Bravida Holding AB: Leading Nordic provider of installation and technical services for buildings. Overlaps with City Service's engineering and technical maintenance business line and operates across the wider Nordic-Baltic region.
• Colliers International: Global real estate services and investment management firm. Provides property and facilities management services to commercial owners and competes with City Service in the broader institutional segment.
• Caverion Corporation: Nordic-headquartered technical building services and facility management provider. Comparable to CS Engineering's technical maintenance offerings and competes for commercial FM contracts in the Baltics.
• ISS A/S: Global facility services leader with integrated cleaning, property and workplace services across Europe. Comparable to City Service as a broad incumbent offering the same FM bundle, but at vastly greater scale and geographic reach.
• Sodexo: Global facility management and food services group with significant Nordic/Baltic commercial real estate exposure. Directly competes with City Service for commercial cleaning and integrated FM contracts in the region.
• CBRE Group: Global commercial real estate services firm with property and facilities management practices in EMEA. Competes for institutional commercial property management mandates that City Service targets.
• Cushman & Wakefield: Global commercial real estate services firm with a property management practice across EMEA. Comparable to City Service's commercial property management line for enterprise-grade clients.
• JLL (Jones Lang LaSalle): Global real estate services firm offering property and facilities management alongside brokerage and capital markets. Targets the same enterprise commercial real estate owners as City Service, but with global scale.

Regional players

• Akelius Residential Property AB: European residential property owner and operator with significant Baltic exposure. Functions partly as an in-house property manager and partly competes with City Service for third-party residential management mandates.

Direct peers

• Newsec: The largest pure-play property management company in the Nordics and Baltics. Directly comparable to City Service across residential and commercial property management, with overlapping geography (Lithuania, Latvia, Estonia).

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/uab-city-service-lt

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UAB City Service LT