The Baltic investment volume has almost reached 1 bn euros by now.
Real estate is still considered to have good potential for investments in the Baltics.
Office segment has been activated and the demand is back after a relatively quiet summer; however decision-making process has become longer due to overall situation with construction costs (tenant contribution vs landlord contribution) and increasing and unclear energy costs.
Refurbishment, expansion, improvement and diversification of the tenant mix will remain on the main agenda for SC landlords and retail investors.
The industrial market is expected to continue to enjoy a low vacancy level, driven by limited new supply and buoyant demand.
The energy costs are currently an issue of concern for all real estate segments.
Get more insights in the latest Baltic CRE overview by Colliers Baltics: