Baltic States Real Estate Market Review Q1 2019

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Lithuanian investment market activity remained heightened with total investment volume surpassing EUR 170 mln, followed by Estonia EUR 65 mln, and Latvia - EUR 50 mln.


Office market has been busy in Tallinn and Vilnius in Q1, remaining stable in Riga with no additions to the stock, and rent rates remaining largely stable in all 3 Baltic capitals.


Intensification of industry rivalry continues in Tallinn and Riga (Akropole opening in March), Vilnius preparing the ground for Vilnius Outlet construction.


Industrial market is market with stability and tranquillity in the beginning of 2019 both in terms of vacancy rates and rent rates, promising to be more active in Q2 in Riga.


 Q1 Market Review infographic:



Baltic States Real Estate Market Review Q1 2019

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About the Authors
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Diana Lebedenko

Senior Market Analyst


Diana is a Senior Market Analyst at the Consultancy Department who joined the Colliers International team in 2016. Diana is responsible for research and analysis on commercial real estate market across office, retail, and industrial sectors as well as the residential market. Diana also performs real estate investment market research and analysis. Her scope of work also covers economic research and analysis. 

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