Lithuanian capital becomes home to property tech companies testing products

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Lithuania-based PropTech Baltics is offering PropTech companies a low-cost one-stop platform called the RealBox -- a place to test and showcase new products. PropTech is a new industry, about two years old, and refers to those startups offering innovative products for the real estate market. Set in Lithuania's capital Vilnius, the new development's objective is to give companies a physical space where they can run test pilots and market themselves to larger companies. The hub counts more than 100 buildings and public spaces totalling over 2.5 million square metres. PropTech firms can benefit from Lithuania's business friendly climate, with low taxes compared to other…

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