INTERMEDIX EXPANDS ITS OFFICE SPACE TO 6000 SQ. M
Intermedix expands its Kaunas office space to fuel growth in Lithuania. ”Newsec Baltics” acted as an advisor to Intermedix Lietuva for additional office space rent acquisition in Kaunas, the second biggest city in Lithuania.
By adding up another 3000 sq.m Intermedix, the best employer of the year in Lithuania, currently rents over 6000 sq.m in Kaunas. This space can accommodate up to 700 staff and will suffice Intermedix growth for coming years.
‘As a city, Kaunas is seen in the spotlight for international organizations’ expansion , as it is significantly less corwded by competition compared to Vilnius’, says Martynas Babilas, Head of office advice at Newsec Baltics. ’Kaunas office market amounts only 10 percent of Vilnius market size, accounting only over 40k sq.m of modern office space. However, domestic and even international property developers consider Kaunas as destination with a lot of potential. Therefore speculative office schemes are expected to become online soon as demand and the pipeline for quality space is growing’, he adds.
Lukas Jankauskas, Director of Intermedix Lietuva, says the company is very satisfied to be in Kaunas. ’We are to happy to be using the advantages Kaunas has to offer. The talent we have found in Kaunas has allowed us to grow quickly. Though the office market is relatively tight, with creative approach and expert advisors it is possible to secure high quality space and create engaging environment to teams of professionals’..
Mantas Katinas, Managing Director of the national investment development agency Invest Lithuania believes that Intermedix Lietuva’s growth in Kaunas will resound as a message to real estate developers. ‘Fruitful cooperation between Intermedix Lietuva and Newsec Baltics perfectly illustrates how creative solutions can help businesses grow and tap into local potential in Lithuania. Kaunas is certainly getting more attention from foreign investors, and I expect local real estate developers will not miss this opportunity.’
Newsec is the largest full service commercial property house in Northern Europe and Baltic countries. Newsec covers all parts of the commercial property market and provides services to both real estate investors and owners as well as users of properties. The company has over 600 professionals in 20 offices with over 60 employees in 4 offices in Baltic countries.
Intermedix delivers technology-enabled services and SaaS solutions to health care providers, government agencies and corporations. The company supports approximately 15,000 health care providers with practice and revenue cycle management services and data analytic tools. Intermedix connects the world’s population with crisis management and emergency preparedness and response technologies. The company chose Lithuania for its first unit in Europe in 2013, and by 2015 have gathered a team of 470 professionals in Kaunas office.