ARTICLES LABELLED WITH TAG Baltics

News EBRD commits up to €20 million to Baltic real estate fund
22
Oct
2024

EBRD commits up to €20 million to Baltic real estate fund

by Property Forum
The European Bank for Reconstruction and Development (EBRD) is supporting the first special opportunities-focused real estate fund in the Baltic region that will back energy efficient projects.
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News Panattoni offers BTS services in Baltic states
10
Sep
2024

Panattoni offers BTS services in Baltic states

by Property Forum
Panattoni is extending its operations to the Baltic States, namely Lithuania, Latvia and Estonia. This new initiative is a response to the growing needs of customers for modern industrial solutions such as BTS.
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News Releven secures construction permit for €220 million Vilnius project
09
Jan
2024

Releven secures construction permit for €220 million Vilnius project

by Property Forum
Vilnius-based developer Releven has announced the receipt of a construction permit for the Horizontai project on the right bank of the River Neris at 59 Lvivo Street. With an estimated cost of €220 million, the Horizontai project aims to shape the landscape of the Central Business District (CBD) in Vilnius.
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News Co-living properties grab European investors’ attention
06
Dec
2023

Co-living properties grab European investors’ attention

by Property Forum
According to Savills, about half (51%) of European investors plan to invest in co-living developments in the next three years, and, compared to 2022, co-living projects are where investor interest has grown the most. Market players, including Lithuania-based investor Baltic Asset Management, see big potential for projects of this type in the Czech market as well. The company’s CFO, Dalius Kaveckas, shared his insights with Property Forum.
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News Releven’s mixed-use project in Vilnius secures approval
25
Jul
2023

Releven’s mixed-use project in Vilnius secures approval

by Property Forum
The concept design solutions for the new mixed-use Horizontai project in Vilnius' CBD by real estate developer Releven received the approval of the municipality. The company expects to receive a construction permit for the construction of the €200 million project this year.
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News East Capital acquires Riga office building
23
May
2023

East Capital acquires Riga office building

by Property Forum
East Capital Real Estate Fund IV signed an agreement with real estate developer Hepsor for the acquisition of a modern last mile and stock office building, StokOfiss U30, located in Riga, with a total lettable area of 3,642 square metres. This is the second of two acquisitions for the fund over the past two weeks.
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News Baltic Horizon Fund sells Vilnius office portfolio
17
May
2023

Baltic Horizon Fund sells Vilnius office portfolio

by Property Forum
Baltic Horizon Fund has signed an agreement with East Capital Real Estate Fund IV to sell 100% shares of BH Duetto UAB which owns the Duetto I and II office buildings in Vilnius, Lithuania. The sales price of the assets is approximately €37 million, which is close to the latest valuation.
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News Baltic hotel operator Mogotel plans further expansion in CEE
07
Jul
2022

Baltic hotel operator Mogotel plans further expansion in CEE

by Property Forum
Latvia-based Mogotel Hotel Group is the largest hotel operator in the Baltics and it continues to expand outside the region, having recently entered the Hungarian market. Development Director Ivans Dokicians unveiled the company’s ambitions and plans in Hungary and the whole of Europe in an interview for Property Forum.
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News DIY sale in Baltics closes at record yield
04
Apr
2022

DIY sale in Baltics closes at record yield

by Property Forum
KS Holding, a Kesko Group company, has completed the sale of Kesko-Senukai stores in Vilnius and Daugavpils to the Finnish Special Mutual Fund Titanium Baltic Real Estate. Together with the sale of Riga’s Ozols Centrs, acquired by Titanium in November, KS Holding has brought retail assets valued at €60 million to the market. Returns to shareholders in the recent transactions for the money invested exceed 20% per annum.
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News Partners Group and Northern Horizon exit €200 million CEE JV
09
Nov
2020

Partners Group and Northern Horizon exit €200 million CEE JV

by Property Forum
Partners Group and Northern Horizon have announced the sale of the last two assets, both located in Riga, in their €200 million CEE joint venture to Grinvest, a Singapore-based property and renewable energy investor.
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Latest news


New leases

  • A 200-square-metre Office Shoes store offering branded women's, men's, and children's footwear has opened in the Forum Gdańsk shopping centre. This is the chain's first shop in Gdańsk.
  • IWG has leased 906 sqm for a new Regus space in VOX Technology Park in Timișoara.
  • Auchan will open a new 7,000 sqm hypermarket at the end of next year in Sun Plaza, the shopping mall owned by CPI Romania. This move is part of a broader strategy to reposition Sun Plaza, which will undergo a phased modernization process starting in June. The space was previously leased by Carrefour.

New appointments

  • CBRE Romania has announced the promotion of Ramona Hîrnea to the role of Head of Investor Retail Leasing for its national operations. With over 22 years of experience in commercial space leasing, Ramona brings a comprehensive perspective on the retail market, gained both from her position as a consultant for property owners and as a representative of tenants.
  • Marcin Janik has taken up the position of head of the southern Poland region at CBRE. He will be responsible for Silesia, Małopolska and the previously serviced Wrocław.
  • GTC Group has appointed Miklos Egri as Chief Operating Officer. The new manager will be responsible for the company's day-to-day operational and administrative management in the Central and Eastern European markets.

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