Jin&Jan business centre in Vilnius sold to EfTEN fund
EfTEN United Property Fund acquired the Jin&Jan class B business centre in Vilnius from the fund managed by institutional asset management group East Capital Real Estate. The deal size...
Tag: Newsec
Coffee with Craig Show – daily CRE news covering the CEE region
Coffee with Craig Show – daily CRE news covering the CEE region Thursday, February 24 with Winston Norman – Editor and Chief of EuropaProperty.com – Celebrating over 300 shows!!!...
Baltic investment property deals smash through €1 billion ceiling
The real estate market in the Baltic countries saw record activity in 2021, with the total value of commercial investment transactions doubling from the year before to €1.5 billion....
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...
Limited space and rising costs puts Vilnius office market under pressure
The Vilnius office market is starting in 2022 under pressure. The already limited supply of class A office space is set to increase only slowly, and that, together with...
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...
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...
