Lithuania behind other Baltic states in commercial real estate investment

DELFI / Karolina Pansevič

Over the first half of 2016, 22 investment transactions have been made in the Baltic states involving 423,000 square metres of commercial real estate.

Among the Baltic states, Lithuania has attracted the least investment, according to Ober-Haus commercial real estate market review.

Regarding investments in the Baltic countries by the real estate segments, this year is dominated by commercial property transactions. Ober-Haus data shows that from the invested €436 million in Lithuania, Latvia and Estonia, 59% of the investments went into retail space, 31% into offices, and 10% into warehouse and industrial premises.

In Latvia, investment in commercial real estate totalled €220 million, that is almost 51% of the total investment in the Baltic countries. Investments in Estonia amounted to €126 million, that is almost 29% of the total investments in the Baltic countries. In Lithuania, investments reached €90 million.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.