Leadership of the real estate investment company INVL Baltic Real Estate as of 4 January 2016 will be assumed by Egidijus Damulis. As chief executive officer at the company, he will replace Andrius Daukšas. The latter will become deputy CEO of INVL Baltic Real Estate and will continue his career as an investment manager at Invalda INVL.

Egidijus Damulis was until recently general manager of the companies Selvaag Lietuva UAB, Oslo Namai UAB and Eicore UAB (Comfort Hotel LT). He is also a member of the board of Baltic Sea Properties AS, Eicore UAB and the Lithuanian Real Estate Development Association (LNTPA).