UAB "DARNU GROUP" – Company Profile

UAB "DARNU GROUP" (commonly styled as Darnu Group) is a privately held Lithuanian real estate development and investment company headquartered in Vilnius, Lithuania. The company is known for large-scale urban regeneration, mixed-use districts, residential housing, and Class A office developments. Its flagship projects in Vilnius include the Park Town business complex and the Paupys mixed-use district.

Company Overview

Legal name: UAB "DARNU GROUP"
Trade name: Darnu Group
Industry sector: Real estate development and investment; mixed-use urban regeneration; office and residential property development
Headquarters: Vilnius, Lithuania
Founding date: The company was established in the 2000s (the exact legal founding date could not be independently verified in open sources at the time of this research).
Ownership: Privately held (UAB structure in Lithuania)

Legal Information

Įmonės kodas (company code): Not publicly confirmed in the open sources consulted. This information is typically available in the Lithuanian Centre of Registers (Registrų centras).
PVM kodas (VAT code): Not publicly confirmed in the open sources consulted.
Official website: https://darnugroup.lt/
Email address: Not publicly listed on the open sources consulted; the company commonly provides contact via its website.
Registered office address: The precise and current registered office address could not be independently verified in open sources at the time of this research.
Phone number: Not publicly listed in open sources consulted. The official website is the recommended channel for up-to-date contacts.

Note: For verified corporate registry details (įmonės kodas, PVM kodas, registered address, phone), consult Registrų centras or the company’s official website and corporate disclosures.

Business Operations

Darnu Group focuses on high-impact urban development in Vilnius, delivering mixed-use neighborhoods and modern office complexes. Its project portfolio typically covers:

- Mixed-use districts: large-scale urban regeneration combining residential, office, retail, food halls/markets, and public spaces (e.g., Paupys).
- Class A office buildings and business parks (e.g., Park Town).
- Residential housing (multi-family apartments, premium and mid-market segments).
- Retail and community amenities integrated into developments (food markets, retail galleries, and services).

Business model: The company operates as a developer and investor: acquiring or assembling land, master-planning urban districts, securing permits, developing assets, and subsequently selling, leasing, or retaining properties for income. Darnu Group engages architects and planners, uses phased development strategies, and aims to create long-term value through placemaking and high-quality public realm investments.

Market position: Darnu Group is considered among the leading private real estate developers in Lithuania, with a reputation for delivering complex, multi-phase urban projects in the capital city Vilnius. The company competes in the premium office and residential segments and is recognized for creating cohesive, amenity-rich districts.

History

Founding and evolution: Darnu Group emerged in the 2000s as a privately held Lithuanian real estate developer. Over time, it concentrated its strategy on comprehensive urban regeneration and high-grade commercial assets in Vilnius.

Key milestones:
- Initiation of mixed-use district development strategy in Vilnius (2000s–2010s).
- Development of Park Town, a Class A office complex near central Vilnius (launched and completed in phases in the late 2010s).
- Multi-year, multi-phase development of the Paupys district in Vilnius, integrating residential housing, offices, retail, a food market, community spaces, and public realm upgrades (late 2010s–early 2020s).
- Recognition in domestic industry press and awards for urban regeneration and placemaking (various years; see sources).

Financial Information

Revenue: As a privately held UAB, Darnu Group’s detailed revenue and profitability figures are generally not published in open sources. Lithuanian companies may disclose certain financials through Registrų centras or annual filings; however, these were not accessible for verification in this research window.
Funding rounds: Not applicable in the classic venture-financing sense. Darnu Group finances projects via internal resources, bank financing, and project-level structures typical for large real estate developments; specific instruments or arrangements are not publicly detailed.
Ownership structure: Privately owned; detailed shareholding not publicly disclosed in the open sources consulted.
Investment scale: Public communications around large projects (e.g., Paupys) have indicated significant, multi-year investment totals; precise figures vary by stage and source and were not independently verified in this research.

Leadership and Management

Executive team (vadovai): Specific, current names and positions were not confirmed in the open sources consulted at the time of this research. Darnu Group is led by a CEO/Managing Director and a professional management team overseeing development, investments, construction, sales/leasing, and operations.
Board members: Not publicly confirmed in open sources consulted. As a UAB, board composition (if applicable) may be available in the Lithuanian corporate registry.

Note: For accurate, up-to-date leadership details (full names and pareigos), consult the official website or the Lithuanian Centre of Registers.

Office Locations

Head office: Vilnius, Lithuania (exact registered office address not confirmed in open sources consulted).
Project offices and sales galleries: The company typically operates project-specific offices (e.g., at or near developments like Paupys or Park Town) to support sales and leasing; exact addresses and phone numbers were not verified in open sources at the time of this research.

Note: For current office locations and contact numbers (buveinių adresai), refer to the company’s website or official disclosures.

Market Position

Competitors: Major Lithuanian real estate developers and investors, including Hanner, Eika, YIT Lietuva, Galio Group, Omberg, Citus, and Baltic Asset Management, among others. Competition varies by asset class and project type (office, residential, mixed-use).
Market share: No audited market share figures are published in open sources; Darnu Group is widely regarded as a notable player in Vilnius mixed-use and office segments.
Competitive advantages: Expertise in large-scale, multi-phase urban regeneration; integration of mixed-use elements and public realm; strong placemaking and architectural collaborations; delivery of quality Class A offices; reputation for building vibrant neighborhoods (e.g., Paupys district).

Recent Developments

- Continued leasing and operations at Park Town business complex (ongoing, late 2010s–2020s).
- Progressive completion and activation of Paupys district phases, including retail and food market amenities (2019–2023).
- Ongoing pipeline assessment for new residential and mixed-use projects in Vilnius (reported in local business media across recent years).

Note: Specific deal announcements, acquisitions, disposals, or partnership details were not fully verifiable in the open sources consulted during this research window.

Contact Information

Website: https://darnugroup.lt/
Email: Not publicly listed in open sources consulted; use the website’s contact form or published departmental contacts.
Phone: Not publicly confirmed in open sources consulted.
Address: Vilnius, Lithuania (registered office details should be confirmed via Registrų centras or the company’s website).

Sources and References

Because UAB "DARNU GROUP" is a privately held company, several data points (company code, VAT code, registered address, phone numbers, and current executive names) are typically verified through official registries or direct corporate disclosures. The following public sources were consulted for contextual information on the company’s activities and projects; some information could not be conclusively verified at the time of this research:

- Official website (projects, company overview): https://darnugroup.lt/

- Lithuanian Centre of Registers (Registrų centras) – corporate registry and filings (access required for full details): https://www.registrucentras.lt/

- Lithuanian business media outlets (general reporting on major Vilnius developments, office markets, and mixed-use districts):
Verslo žinios: https://www.vz.lt/
Delfi Verslas: https://www.delfi.lt/verslas/
15min.lt (Verslas): https://www.15min.lt/verslas/

- Broader market context and office/residential development reporting (indicative):
ArchDaily, local architecture press (for project features, awards, and architecture firms).
Real estate market analyses published periodically by Lithuanian agencies and consultancies.

Important note: For the most accurate and current legal and contact details (įmonės kodas, PVM kodas, registered office address, phone numbers, and executive names/pareigos), please consult the Lithuanian corporate registry (Registrų centras) and the company’s official website or investor/press materials.