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News

World-leading manufacturer Dokka Fasteners expands to Lithuani

Norway’s Dokka Fasteners, a globally renowned industrial fasteners manufacturer, is expanding its European operations and plans to establish a manufacturing unit in Klaipėda. The international real […]
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Riga office market sees increase in preleasing deals

The “Riga Office Outlook” report for the third quarter of 2021 prepared by the analysts at international real estate consultancy Newsec in the Baltics shows that […]
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Shopping centre Ozols in Riga sold to Finnish real estate fund Titanium

KS Holding, a real estate company co-owned by Kesko, Arturas Rakauskas and Zabolis Partners, sold Ozols shopping centre in Riga to the investment fund Titanium, a […]
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YIT signs an agreement to sell newly built REHAU facility in Lithuania to Hili Properties

The Malta-based investment management company Hili Properties signed an agreement to acquire a built-to-suit industrial-type property in the Klaipeda Free Economic Zone from Finnish developer YIT. […]
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Newsec’s property management portfolio expands

The closed-end investment company Pirmoji Investavimo Įmonė UAB has entrusted the management of commercial assets to the international real estate advisory firm Newsec in the Baltics. That […]
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Vilnius office market demand hits new high amid record quarterly take-up

Demand on the office market in the Lithuanian capital rose to a historic high in the third quarter of 2021 as more office space was leased […]
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Newsec launches property asset management service in Latvia

Newsec, strengthening its positions in Latvia, is introducing property asset management services in the Baltic country. The first client is the Finnish company Bassadone Group, an […]
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Large scale development project transaction in Tallinn

Newsec in the Baltics in cooperation with Redgate Capital advised on the sale of an up to 37,000 sqm large real estate development project in Tallinn. […]
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YIT and BTA agreed to establish a JV for Baltic residential rental investment to be seeded with 500 apartments worth 65m EUR

BTA Baltic Insurance Company, a part of the Vienna Insurance Group, has agreed with the Finnish construction company and developer YIT to establish a joint venture […]
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On the Riga office market, developers are shifting into higher gear and preleasing is picking up

Take-up on the Riga office market in the first half of 2021 reached pre-pandemic levels. Seeing the market’s potential, investors are moving ahead with office development […]
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