Baltic States Real Estate Market Review Q1 2019

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KEY FINDINGS:

INVESTMENT

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.

OFFICES

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.

RETAIL

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

INDUSTRIAL

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:

   Q1_2019_infgraphic


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Baltic States Real Estate Market Review Q1 2019

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