Investments in Baltic commercial real estate predicted to exceed EUR 1 billion
Colliers International just released a market overview highlighting recent investments in the Baltics. The report shows that investments in commercial real estate in the Baltics totaled at EUR 511 million in the first half of 2017. This is fairly similar compared to the same period last year.
The report shows that most investments goes to Lithuania, followed by Estonia. Most investments (43%) goes to the retail segment followed by the office segment (28%). Average transaction size in the region was EUR 4 million and Colliers predicts the transaction volume for the year to exceed EUR 1 billion.
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