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News

Riga’s iconic Valdemara BC sold to Eastnine for approx. EUR 25 million

Newsec in the Baltics advised on the sale of the Valdemara office building in Riga. The pro-perty owned by the Estonian real estate investment firm Capital […]
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Euromoney names Newsec the best real estate advisory and consultancy company in Lithuania

Global business and finance magazine Euromoney named Newsec the best provider of real estate advisory services in Lithuania in 2019. Newsec in fact won first place […]
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An agreement to sell North Star business centre in Vilnius, Lithuania has been signed

Newsec in the Baltics advised on the sale of an office building located in Vilnius, Lithuania. The property owned by Prosperus Asset Management RE fund will […]
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Kaunas office market is driven by growing local companies

The office market of Kaunas is growing rapidly: since 2016 until now, the total space of modern offices has doubled, and this year Kaunas will see […]
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Newsec brokered the sale of Class A property objects in Kaunas

International real-estate consulting company Newsec brokered the sale of the RIVER HALL business and RIVER MALL shopping centres. The objects owned by the industrial and commercial […]
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Available office space in Vilnius is set to double in coming years

In recent years the average vacancy rate for offices in Vilnius has been about 3 percent, one of the lowest rates in Europe. The indicator’s remaining […]
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Newsec to help develop Latvian state property management strategy

Newsec together with the consulting firm Civitta have won a tender and begun providing advisory services to the Latvian state property management company SJSC State Real […]
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Second Luminor auction features 10 new properties and reduced prices

Registration begins on 4 June for a second auction of real estate owned by Luminor Bank AS and its group companies, organized by international real estate […]
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Baltic commercial real estate market has EUR 2 billion potential

Investment transactions in the Baltic countries last year totalled 810 million euros. The majority of deals were for prime office and retail properties, with increasing investments […]
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Agreement reached on sale of high street SC in Riga Old Town for EUR 75 million

Newsec in the Baltics advised on the sale of the historic Galerija Centrs high street shopping centre in Riga, Latvia. The shopping centre, owned by Norwegian […]
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