Latvia, Markets and Companies, Real Estate
International Internet Magazine. Baltic States news & analytics
Saturday, 11.05.2024, 05:17
Many potential tenants struggle to find suitable offices for rent in Riga
Print version |
|---|
During the second quarter of the year 2017, the office market was
moderately active, according to the Ober-Haus
report. Monthly office rent remained unchanged from the previous quarter and
ranged from EUR 10 to EUR 15 per square meter in the segment of A-class
offices. The highest rent price for an A-class office was EUR 17 per square
meter.
In the segment of B-class offices, rent prices were in the range between
EUR 7 and EUR 11 per square meter.
Maintenance costs ranged between EUR 0.95 and EUR 4.5 per square meter in A
and B-class office centers.
The highest demand was recorded for small, up to 120 square meters large
B-class offices in downtown Riga that could be rented for up to EUR 8 per
square meter and that would be easy for clients to reach.
Demand still remained strong for office space of 200-350 square meters in
A-class office centers, but the supply of such offices was limited.
Ober-Haus also noted demand
from investors and companies for offices on sale.
«The Baltic Course» Is Sold and Stays in Business!
