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News

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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53 objects worth EUR 7,760,516 at the Luminor property auction

Luminor Bank AS has signed an agreement with Newsec, an international real estate consulting company, on the sale of real estate owned by the bank and […]
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After years of stagnation, Riga’s office market begins to catch up with Vilnius and Tallinn

Riga’s office market has been stagnating but now it is recovering – the Latvian capital begins to catch up with the neighbouring Vilnius and Tallinn markets, […]
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Twice as much modern office space was leased than built in Vilnius in Q1 2019

The beginning of 2019 stood out in the office market of Vilnius by the abundance of leasing deals as over 20 thousand sq. m of modern […]
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Newsec acts adviser in the largest office transaction ever in the Baltics

Newsec in Baltics advised the development of company XXT, which is controlled by Lithuanian real estate development company M.M.M. projektai, for sale of S7 office buildings. […]
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