Venipak moves into Rumbula Logistics Park in Riga
Industrial real estate developer and manager Sirin Development signed an agreement with the parcel delivery company Venipak Latvia SIA on the lease of 4,100 sqm of warehouse space at...
Tag: baltic states
East Capital Real Estate announces three new BREEAM sustainability certificates
As part of East Capital Real Estate’s commitment to investing in green, environmentally sustainable assets, the company announced three new BREEAM sustainability certificates. “These latest certificates take us closer...
Releven to Pioneer 15-minute City Model in Vilnius
Zabolis Partners, the veteran investment group in the New Nordic region, is bringing a sustainable vision to transforming Vilnius’ Central Business District (CBD) into a vibrant urban hub. With...
Sirin Development and Kesko Senukai agree on additional warehouse space in Latvia
Industrial real estate developer Sirin Development UAB signed an agreement with Kesko Senukai on the lease of a 12,000 sqm warehouse. In total, the company will be leasing 20,000...
Newsec property and business valuation in the Baltics now ISO-certified
The real estate advisory firm Newsec in the Baltics has earned ISO 9001 certification for quality management in property and business valuation. It is the first provider of property...
Newsec acquires major Baltic property manager BPT Real Estate
Newsec has acquired BPT Real Estate, one of the largest property management companies in the Baltics, from private equity fund manager Baltcap. BPT Real Estate owns property management companies...
Riga office market sees increase in preleasing deals
The “Riga Office Outlook” report for the third quarter of 2021 prepared by the analysts at the real estate consultancy Newsec in the Baltics shows that more and more...
Wildberries starts sales in the Baltic region
The large international online retailer Wildberries has announced the opening of e-stores in Latvia, Lithuania and Estonia. Customers can place their orders at lt.wildberries.ru, lv.wildberries.ru and ee.wildberries.ru in English...
Developers shifting into a higher gear on Riga’s office market
Take-up on the Riga office market in the first half of 2021 reached pre-pandemic levels. Seeing the market’s potential, investors are moving ahead with office development projects focused on...
Riga office market is awakening after a long winter’s sleep
Increased activity can be felt in the Riga office market, where 85,000 sqm of new office space was offered in 2020 and investment transactions were more active than in...
Annual RevPAR performance 2020 slid by about two thirds in all Baltic States
Christie & Co, an international hotel property adviser, releases its analysis of the Baltic hotel market 2020, which denotes the impact of the Covid-19 pandemic on the capitals Tallinn,...
Baltic office market sees the biggest deal so far this year
Dexcom, one of the largest U.S. medical technology companies, has signed a lease on an office in the Business Stadium business quarter currently under development on Rinktinės Street in...
