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Baltic States Real Estate Market Review Q1 2019

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Research Key Findings



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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Related Experts

Toms Andersons

Director | Research & Advisory


Working in the real estate and finance industry for more than 9 years. While working in the industry Toms, has gained wide spectrum of knowledge and extensive practical experience. Have been involved in development of numberless commercial, industrial and residential project business plans, as well has directed implementation of the largest real estate portfolio revaluation process in country. Currently working with research and advisory projects within all real estate sectors - feasibility studies, concept development projects and market research reporting.

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Anastasija Ruža

Head of Marketing & PR


Experienced Marketing&Communications Manager with a demonstrated history of working in the financial services industry. Marketing professional with a MBA focused in Marketing, business management from RISEBA, MBA.

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