Average apartment sqm price in Tallinn decreased by 2.4%

According to the latest Ober-Haus Baltic Apartment Price Index, the average apartment sqm price in Tallinn decreased by 2.4% to 1,093 €/sqm in April 2012. Comparing with April 2011, average sqm price have increased 4.4%, mainly because... more...

Thursday, 10. May 2012

Callcredit Information Group opens operation in Kaunas

UK based company Callcredit Information Group is further expanding outside the country. In addition to its operations based in the UK and Japan Callcredit has taken the decision to open an operation in Lithuania which will be based at... more...

Tuesday, 20. March 2012

Newsec and SEB Enskilda appointed to sell prime properties in the Baltics

Newsec and SEB Enskilda have been appointed as advisors for the sale process of the real estate fund’s BPT Secura A/S properties in the Baltic region. The agreement was signed last week. more...

Tuesday, 13. March 2012

Newsec and SEB Enskilda appointed to sell prime properties in the Baltics

Newsec and SEB Enskilda have been appointed as advisors for the sale process of the real estate fund’s BPT Secura A/S properties in the Baltic region. The agreement was signed at MIPIM in Cannes, France. more...

Tuesday, 13. March 2012

Reitan Servicehandel acquires R-kioski in Finland, Estonia and Lithuania

Reitan Servicehandel (RSH) acquired more than 1.000 kiosks from the Finnish media company Sanoma OY in Finland, Estonia and Lithuania. The purchase price is approx. 130 million Euros. As a result of the latest acquisition, Magnus Reitan... more...

Thursday, 8. March 2012

Ober-Haus to publish Baltic Apartment Price Index

Ober-Haus Baltic Apartment Price Index shows in January 2012, a 0.1% drop in apartment prices was recorded in Vilnius (the same decrease as in December of 2011). Regardless of this overall, fairly insignificant decrease, changes in... more...

Tuesday, 14. February 2012

DNB bank entrusts professionals with finding new head office in Vilnius

The real estate consulting company Newsec has won a competitive procedure organised by the DNB bank, part of Norway’s largest financial services group, for a real estate consultant that will help the bank to find office space with an... more...

Thursday, 9. February 2012

Groundbreaking for new office centre in Lithuania

The Baltic Republic of Lithuania continues to defy the adverse economic conditions in the rest of the region with the construction of a new major office centre in Kaunas. The groundbreaking on January 6 drew a crowd welcoming the new... more...

Monday, 9. January 2012

Ober-Haus Baltic Apartment Price Index published

Apartment prices in Vilnius in November of this year dropped 0.3% and decreased the average price to 1,203 €/sqm. The annual growth of apartment prices has decreased to 1.2% (in October, the annual growth of apartment prices in the... more...

Monday, 12. December 2011

Lithuania “Babilonas I”, situated in Panevezys city - Photo: Lithuania “Babilonas I”, situated in Panevezys city

Pontos Group purchases 22,000 m² shopping mall “Babilonas I”

One of the best-known shopping centre in Lithuania “Babilonas I”, situated in Panevezys city in Lithuania, has been sold to a Finnish investor Pontos Group. more...

Wednesday, 7. December 2011

Growing economy in Lithuania

Economy in Lithuania was further improving during the first half of 2011 and GDP grew by 6.5% if compared to the corresponding period. Positive changes in all groups of economic activities have been observed. Growth in production and... more...

Tuesday, 8. November 2011

Marcis Budlevskis, Lease and Business Development Director at Linstow Center Man - Photo: Marcis Budlevskis, Lease and Business Development Director at Linstow Center Man

Baltic States reports GDP and consumer confidence growth

Annual GDP growth in 2011 across the Baltics is predicted at 3.5% and consumer confidence is rising with one of the region’s major shopping centre owners and operators, Linstow... more...

Friday, 28. October 2011

Index: 0.1% increase of apartment prices

Ober-Haus Baltic Apartment Price Index shows that after 0.1% increase of apartment prices in August 2011 prices in Vilnius in September of this year remained stable and average price is the same as month ago - 1,209 EUR/sqm. The annual... more...

Friday, 14. October 2011

Newsec takes over management of €145 million property portfolio in the Baltics

A Norwegian group of investment funds has signed a real estate portfolio management contract with Newsec, which manages commercial properties throughout the Nordic and Baltic region. The total value of the new portfolio is €145 million. more...

Monday, 2. May 2011

Direct European real estate investment volumes totalled €26 billion in Q1 2011

Direct commercial real estate investment volumes in Europe in the first quarter 2011 (Q1 2011) totalled €26 billion, a 32 percent increase on figures for Q1 2010, according to new research from Jones Lang LaSalle. Successful debt and... more...

Tuesday, 26. April 2011

Market momentum builds as Q1 European property investment hits €26.7 billion

The first quarter (Q1) of 2011 saw European commercial real estate transactions hit €26.7 billion as the investment market builds further momentum, according to the latest data by CB Richard Ellis (CBRE). more...

Tuesday, 26. April 2011

Urban photographer of the year competition - ‘Waiting at the Stop’ wins Irish country award

The Dublin office of CB Richard Ellis Group has announced the winner of its annual Urban Photographer of the Year competition. CBRE also announces the Ireland country winner for the... more...

Wednesday, 20. April 2011

DTZ expands into the Baltics

Global real estate services firm DTZ has entered into an affiliate arrangement with Baltic Property Expert (BPE) to offer real estate services to DTZ clients in Estonia, Latvia and Lithuania. The operation, named DTZ Baltic, will begin... more...

Wednesday, 20. April 2011

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