Sirin Development: New Brand Name in the Girteka Logistics Family

Industrial and commercial real estate (RE) development leaders in Lithuania are joining under a common brand. Real estate companies, belonging for Girteka Logistics group, will now be featured with Sirin Development name. The rebranding reflects both the evolution of the company as well as its vision for the future.

Vilnius, Lithuania, February 11, 2016 --( "Sirin Development is committed to creating high value services for our clients, and this new representation clearly shows that we are changing as a company. Our vision is to become biggest industrial and commercial real estate developer and manager in the Baltic region," says Laurynas Kuzavas, CEO of Sirin Development.

Sirin Development was established in 2005 and is managing more than 10 real estate projects in Lithuania, Latvia and Russia. Total real estate portfolio area covers approximately 250 thousand. sq. m. This area is expected to grow about twice in five year period.

The company's activities cover the entire real estate business cycle: real estate development, management, as well as sales and rent.

The name change does not affect the legal personality of the existing entity which retains its rights and obligations in all existing legal relationships. Throughout rebranding process company will continue to focus on its key priorities which are providing high quality proactive service tailored to clients businesses.
Girteka Logistics
Kristian Kaas Mortensen
+370 614 89504