Colliers and SORAINEN present the latest Latvian real estate market report

Place: Kr. Valdemāra iela 21, Riga
Time: 5 Mar 2013 11:00 - 13:00
Working language: Latvian

On 5 March, a press conference devoted to the real estate market report for 2012 was held at SORAINEN’s premises.

Colliers International provided information on economic trends last year, as well as a forecast for 2013. The following questions were posed at the conference:

  • How did rental charges change?
  • What is the availability of high-quality office premises?
  • What activities are taking place in the market for commercial retail areas?
  • Has the sector of industrial warehouses quietened down?
  • Will the hotel sector continue to face changes of ownership?
  • Will prices for exclusive properties in the residential sector keep rising?

Colliers International was represented by partners Deniss Kairāns and Ēriks Bergmans. The market research was supplemented by a commentary based on the most recent information on changes to the legal base and transaction practice, as well as the topical issues of taxation, which is especially important to those in the commercial property market. Comments were given by SORAINEN partners – Ģirts Rūda, regional head of the Real Estate & Construction Team, and Jānis Taukačs, regional head of the Tax & Customs Team.

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