Despite the challenges of the Baltic market, real estate investments in the Baltic region are expected to reach at least 1 billion euro in 2019 which is a good and stable indicator for the region, but it is certainly not a peak.
Market size is constrained by liquidity and quality of supply, as well as influenced by recent changes in bank financing conditions and rising construction costs. In this context, alternative forms of financing and factors affecting the market's ability to provide investors with appealing product will be an important topic of the BREL Forum on the 8th November to bring together influential industry professionals from the Baltics, Western and North America for the 8th time in a row.
During last couple of years there has been increased international investors interest in the Baltic region, especially of those already active in the CEE region. An example would be the recent transaction in Vilnius, where DEKA Immobilien bought Quadrum office center for 156 million euro. The transaction proves that global market players appreciate not only that the Baltic region can provide a healthy balance between property quality, market risks and returns, but likewise highlight the asset standard to strive for in order to improve market activity and liquidity.
This year's BREL Forum focuses on investments and raising thereof. Kestutis Sasnauskas, Eastnine Executive Director, talks about practically proven real estate investment strategies, discusses the factors behind successful real estate project development, and financing markets of the Baltics, as well as the debate on the impact of construction companies to the real estate industry takes place. In addition, the forum also addresses urban sustainability, the use of modern technology in real estate construction and operation, and urban development strategies. Kirsten Ritchie, Gensler Manager and Consultingg Project Director, talks about smart and health‑friendly future buildings in nowadays, Alexander Stahle, Spacescape Executive Director, presents future urban values in Northern Europe, Ann Natunewicz, Colliers San Francisco Retail Services Vice President, analyzes the next generation of consumers, Salman Saeed, WeWork Real Estate Management Director, looks at tenant claims, and Tomi Teikko, founder of Empathic Building, focuses on one of the most current global issues – how the digital world is changing the real estate business.
More information on the BREL Forum program and speakers, as well as registration, is available at www.brelforum.com. The forum is held in English.
Forum organizers – Colliers International and iDEA HOUSE events.
Forum partners – Eastnine, Origo One, developed by Linstow Center Mangement, Kimmel Quarter, New Hanza Capital, Schneider Electric.
Session supporter – Merks.