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Friday, 26.04.2024, 14:55
Vilnius behind Riga, Tallinn in terms of office investments
BC, Vilnius, 22.04.2016.
Print version
Print versionThe value of investment deals in the segment of commercial real estate in the Lithuanian capital last year was still half of the value of Tallinn and 3-4 times less than the value in capitals of Central and Eastern European countries, Verslo Zinios business daily said, cites LETA/BNS.
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Nevertheless, Neringa Rastenyte, the head of real estate deals at the Newsec group, says there are signs of growth of investments in Vilnius in the coming years due to increase in activity in office rent, new appetite of investors and the expected considerable increase in the volume of investment deals of modern offices. In her words, Vilnius should exceed Riga and Tallinn, at least, in the sector.
In Vilnius, the investment indicator in the office segment crossed the 100 million euro threshold, however, investments in the Lithuanian capital in commercial real estate were among Europe's lowest, leaving Vilnius the 38th among 39 rated cities.
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