Thursday, August 13, 2020
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Sluggish Vilnius office market saw no big changes in 2nd quarter of 2020

The negative economic forecasts made during the quarantine look more positive today: amid initial signs of recovery, no marked swings in rental...

Baltic Horizon acquires North Star business centre in Vilnius

Newsec in the Baltics advised on the sale of an office building located in Vilnius, Lithuania. The property owned by Prosperus Asset Management RE...

Available office space in Vilnius is set to double in coming years

In recent years the average vacancy rate for offices in Vilnius has been about 3 percent, one of the lowest rates in Europe. The...

Agreement reached on sale of high street SC in Riga Old Town for €75 million

Newsec in the Baltics advised on the sale of the historic Galerija Centrs high street shopping centre in Riga, Latvia. The shopping centre, owned...

Baltic commercial real estate market has €2 billion potential

Investment transactions in the Baltic countries last year totalled €810 million. The majority of deals were for prime office and retail properties, with increasing...

Kaunas office market is rapidly catching up with the capitals of the Baltics

In 2018 Kaunas saw the opening of eight new office buildings, which expanded the area of modern office space by 36,400 sqm. By the...

Office developers in Vilnius target class B

In 2018, four class A office buildings were opened in the central part of Vilnius city. The demand for prestigious offices will continue to...
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M7 acquires Katowice office building for new CEE fund

M7 Real Estate has undertaken its first acquisition on behalf of M7 CEREF II, its value-add opportunities fund focused on offices and...

Metropol Group acquires five shopping centres in Poland

Greenberg Traurig advised Metropol Group on the acquisition of a shopping centre portfolio, consisting of five regional convenience stores is located in...

Weerts Group to start new warehouse development near Budapest

The logistics sector of Hungary is booming with foreign investors continuing to be optimistic about the market outlook. The latest evidence of...

Panattoni sells two city logistics parks in Warsaw to LaSalle

Panattoni and Marvipol have sold two city logistics parks in Warsaw to LaSalle Investment Management. The facilities, totalling nearly 25,000 sqm, were...