Bonava announced that it is commencing production of a new project consisting of 101 housing units in Vilnius, Lithuania. In parallel, production has started on the second and final phase of the Pikaliiva Kaarmaja neighbourhood in Tallinn, Estonia, consisting of 81 housing units, and the Blumendales Majas project in Riga, Latvia, consisting of 58 housing units. Production of the new Forest Gate neighbourhood is set to commence in the Lithuanian capital of Vilnius.

The project in question is located in the large Fabijoniskes residential area, just 7 kilometres from Vilnius city centre. Meanwhile, Bonava has initieted a further two production starts in the Baltics. In Tallinn, the capital of Estonia, production of the second and final phase of The Pikaliiva Kaarmaja neighborhood is starting, consisting of 81 housing units.

At the end of January, Pikaliiva Kaarmaja's first phase comprising 79 apartments was completed, and when the entire neighbourhood is finished, it will consist of 160 housing units across four buildings, each with four buildings, just outside Tallinn city centre and close to Lake Harku. In Latvia's capital Riga, construction work is commencing on the Blumendales Maj as project, consisting of 58 housing units; This is the second phase of the project and when completed, the five-storey building will include 58 eco-friendly and functional homes. In all three projects, rooftop solar panels will be installed, and the associated parking spaces will be fitted with infrastructure that will make it easy for residents to install charging stations for electric cars.

Furthermore, in several of the projects, residents will have access to a shared bicycle workshop. Approximately 2.5 million inhabitants live in the three Baltic capital cities, and in the Baltic countries Bonava builds housing units for consumers as well as apartments for own management (Build to Manage). Bonava's operations in Tallinn, Riga and Vilnius are part of the Bonava Baltics segment, which reported sales of SEK 770 million in 2023.

Forest Gate in Vilnius is expected to be completed in the third quarter of 2025, Pikaliiva Kaarmaj in Tallinn, is expected to be completed in The fourth quarter of 2024 and Blumendales Majas in Riga is expected to be completed in, the first half of 2025.