Araneta, the company behind the Baldų turgus furniture retail brand, has acquired a 16,000 sq. m logistics, showroom and office facility in the Kaunas Free Economic Zone for €16m.
The buyer is not a logistics real estate fund or a large institutional landlord. It is a furniture retailer. That is what makes the transaction more interesting than a routine warehouse sale.
Data card
| Indicator | Figure |
|---|---|
| Buyer | UAB Araneta / Baldų turgus |
| Asset | Logistics, showroom and office facility |
| Location | Kaunas FEZ, Lithuania |
| Area | 16,000 sq. m |
| Deal value | €16m |
| Araneta 2025 sales revenue | €30.7m |
| Deal / annual revenue | about 52% |
| Araneta 2025 net profit | €3.6m |
For Araneta, the acquisition is a large move relative to the company’s operating scale. A €16m property deal is equal to roughly half of its annual revenue and more than four times its 2025 net profit. This turns logistics, storage and showroom capacity from a leased operating input into owned business infrastructure.
For SIRIN Development, the seller-side logic is different. The deal confirms an asset-rotation model: develop a built-to-suit logistics facility, lease it to an operator, and then sell the asset once the operational model is proven.
The stronger Baltic Focus signal is on the buyer side. A mid-sized Baltic furniture retailer is committing significant capital to control the physical infrastructure behind inventory, delivery and sales. In retail sectors where margins, delivery costs and stock availability matter, logistics space is no longer just a back-office function. It becomes part of the competitive model.