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...
Tag: Newsec
YIT to sell newly built REHAU facility in Lithuania to Hili Properties
The Malta-based investment management company Hili Properties signed an agreement to acquire a built-to-suit industrial-type property in the Klaipeda Free Economic Zone from Finnish developer YIT. The size of...
Vilnius office market demand hits new high amid record quarterly take-up
Demand on the office market in the Lithuanian capital rose to a historic high in the third quarter of 2021 as more office space was leased out than in...
Newsec launches property asset management service in Latvia
Newsec is strengthening its positions in Latvia, and introducing property asset management services in the Baltic country. The first client is the Finnish company Bassadone Group, an importer and...
YIT and BTA agree to establish a JV for Baltic residential rental investment
BTA Baltic Insurance Company, a part of the Vienna Insurance Group, has agreed with the Finnish construction company and developer YIT to establish a joint venture and co-invest a...
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...
Akropolis Group buys Alfa shopping centre from AMD Holding
Shopping and entertainment centre development and management company Akropolis Group signed an agreement to acquire the Alfa shopping centre in Riga, Latvia, from AMD Holding. The seller was represented...
Loginvest sells logistics centre at Tallinn ring road to East Capital Real Estate
Loginvest OÜ, part of the JNG Investment, agreed to sell a 33,000 sqm logistics centre on the outskirts of Tallinn, Estonia, to East Capital Real Estate IV, a Swedish-Baltic...
Newsec is the first in Lithuania to offer residential property management
Newsec is introducing the first-ever residential rental property management service in Lithuania, thus expanding its range of property asset management services. In doing so, the company will apply the...
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...
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...
Newsec performs property valuations for all of Latvia’s major banks
The international real estate advisory firm Newsec now works with all of Latvia’s major banks to provide the property valuation services which the banks’ customers often need to obtain...
