ARTICLES LABELLED WITH TAG Latvia

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 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 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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Latest news


New leases

  • In June this year, the Polish branch of the Korean bank Industrial Bank of Korea will move into the 31st floor of the Warsaw Financial Center building. ITRA Polska advised the tenant in the process of leasing the office with an area of almost 950 sqm.
  • 108 Real Estate has helped close a new industrial lease transaction with the Logexpert team in the Adria region. XXLutz Lesnina has leased 17,000 sqm in the newly developed Logexpert Park Zdencina – a modern space tailored for logistics and retail operations.
  • Inter Cars Hungária Kft. has expanded its business with Prologis by signing a new lease agreement for 5,300 sqm at Prologis Park Budapest-Harbour. Colliers supported the transaction.

New appointments

  • Maciej Wieczorkiewicz is joining the Avison Young Technical Advisory team in Poland. Maciej is an experienced engineer with many years of experience in managing fit-out projects and investments in the commercial property sector. During his career development, he has worked for companies such as Made In Terior, TECAS Fitout and Colliers Define.
  • Tomáš Fabian has taken on the responsibility of leading the Czech commercial development team at Skanska as Executive Vice President Operations Czech Republic, while still keeping the current responsibilities as Executive Vice President Legal Counsel (CEE).
  • Magdalena Zagórska, a commercial property expert with 15 years of professional experience, has joined international real estate advisory firm Newmark Polska as Director in the Office Department, with effect from 2 June 2025. Her key responsibilities include representing office tenants during relocations and lease renegotiations.

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